Due diligence

The value of companies is not only affected by the current compliance level of their chemicals portfolio, but also by its regulatory outlook. The regulatory future of substances and even articles is affected by ongoing and scheduled regulatory efforts by authorities.

Hidden regulatory costs and regulatory risks can be identified based on the legislation and the legislative programs of the authorities. For a producer or a user of chemicals in key processes, an audit of the chemicals used, imported or manufactured can reveal this.

SCREEN COMPANIES EFFICIENTLY AND THOROUGHLY

• A Stakeholder intends to invest in a company wants to know if substances of very high concern are used in key processes,
• When taking over the position of product steward, an external compliance screening of the chemicals portfolio can help to build a targeted program to move forward,
• What is the impact of new legislative initiatives such as Green Deal on my business?

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Let us help you estimate the value of a company by analysing the current compliance level. We offer all the required expertise and experience to assist through the due diligence process.

Elke Van Asbroeck
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Apeiron-Team uses standardised audit protocols to establish the reach and BPR compliance level of your company.

The compliance audit focuses on the current actual status of the implementation of a specific regulation. A compliance audit will thus provide the auditee with an overall view as to what extent his company or business unit complies with the regulation at that moment in time. Specific topics requiring further action to move towards full compliance will be identified. Apeiron-Team has developed compliance audit protocols for REACH and BPR. These protocols are inspired by ISO and follow the flow of the actual business processes for maximal audit efficiency and effectivity.

A REACH COMPLIANCE AUDIT WILL TYPICALLY FOCUS ON:

• The completeness of chemical inventories,
• The substance specific REACH obligations,
• The systems to sustain compliance.

Enforcement of EU regulations such as Biocides (BPR) or REACH is done by local authorities. Companies with REACH or BPR obligations can prepare for enforcement inspections taking into account the focal points decided by the joint Enforcement agencies in the EU. They can also prepare for such an inspection making sure that the required documentation is clear and available.

STRESSLESS ENFORCEMENT INSPECTIONS

Apeiron-Team has experience supporting companies during enforcement inspections and can help in the preparation of them. For this purpose, Apeiron-Team has prepared a standard protocol for preparation which can be checked and implemented during a pre-enforcement audit to get the best results. Such as pre-enforcement audit should be done independently of a scheduled enforcement inspection. Only this way, sufficient time can be assured to prepare properly and to correct any gaps.

KEY STEPS IN THE PREPARATION ARE:

• Understanding the scope of the inspection,
• Getting your team available,
• Checking the availability of the data.

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Get prepared for the inspection to make the most of all the effort your company has made to be compliant!

Hiram Moerman
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