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The regulatory landscape surrounding chemical management is evolving rapidly, with new rules and stricter reporting requirements reshaping how companies handle hazardous substances. One of the most significant developments is the Corporate Sustainability Reporting Directive (CSRD), which places a greater emphasis on transparency, accountability, and sustainability in chemical management. For businesses that handle Substances of Very High Concern (SVHCs), the CSRD introduces new challenges and opportunities in the world of chemical compliance. This article explores the future of chemical compliance, how the CSRD is shaping the management of SVHCs, and what companies need to do to stay ahead of regulatory changes.
In the past, chemical compliance primarily focused on meeting local regulations and ensuring that hazardous substances were safely stored, used, and disposed of. However, as sustainability becomes a central focus for regulators, investors, and consumers alike, the role of chemical compliance is expanding. Companies are now expected to manage chemicals responsibly across their entire value chain, ensuring that products are safe for both people and the environment.
The CSRD reflects this shift, requiring companies to provide detailed sustainability reports that include information on their use of hazardous substances, including SVHCs. This directive not only ensures regulatory compliance but also encourages companies to adopt sustainable practices, reduce their environmental impact, and contribute to global sustainability goals.
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