Risk is inherent in every company’s global supply chain. Risks to seriously consider include, but are not limited to: export controls and sanctions, environmental, social and governance compliance requirements, labor laws, and health and safety laws.
What Compliance Considerations Exist Today?
The two most commonly adhered to regulation standards are EU REACH and EU RoHS. However, attention to the health of citizens and the environment has led to the implementation of guidance and regulations in countries around the world. Below is a general overview of today’s directives and regulations all companies should be aware and proactively aligned by way of due diligence.