Diverse Regulatory Frameworks
Different countries and regions have unique chemical regulations, standards, and restricted substance lists, making it difficult to maintain a unified compliance strategy.
01
Evolution of Product Chemical Compliance
: Regulations are frequently evolving; for example, Volatile organic chemicals (VOC) regulations are rapidly changing, with new regulations and reporting requirements emerging across various regions and industries, requiring organizations to be informed and agile.
02
Data Management
Data collection, management, and sharing of accurate product chemical composition globally is time and resource-intensive and often prone to errors.
03
Harmonization Gaps
Newer hazardous chemicals/products may lack global standardization, complicating proactive compliance efforts and can result in products being compliant in one region but non-compliant elsewhere. Hence, bodies like the International Organization for Standardization (ISO), the Organization for Economic Co-operation and Development (OECD), the European Chemicals Agency (ECHA), and others work to contribute to the development, harmonization, and enforcement of the regulations through global co-operative frameworks.
04
Supply Chain complexities
Businesses frequently purchase products from multiple suppliers, which might lead to different product compositions for the same item. Tracking and auditing data at every level may become more challenging as a result.
05
Expertise Constraints
Smaller organizations or those new to global markets may lack the in-house compliance expertise needed to navigate complex regulations, leading to potential gaps.
06
Compliance Cost
Implementing extensive compliance processes, such as testing, supply chain audits, documentation, and regulatory tracking, can be expensive, especially for small and medium-sized businesses (SMEs).
07