The Dynamic Global Regulatory Landscape: Leveraging Data and Technology to Enhance Compliance and Reduce Risk

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August 8, 2014 - Uday Virkud

In the few short months since I’ve joined the 3E team, I have learned that the global environmental regulatory landscape has never been more complex, and companies are struggling to conform to the myriad of regulations that impact their business.

As noted by Gartner’s John A. Wheeler in the firm’s recent Hype Cycle for Governance, Risk and Compliance Technologies, 2014: “Product safety and compliance are not optional activities, and managing the process manually is inefficient and prone to error. In addition, ongoing changes to regulations — such as the 2012 Occupational Safety and Health Administration (OSHA) decision to align the current Hazard Communication Standard (HCS) with the United Nations’ Globally Harmonized System of Classification and Labelling of Chemicals (GHS) — add to the challenge of staying in compliance. The developing maturity of the technology options reduces the risk of replacing manual processes or legacy systems.”

Indeed, as the dynamic regulatory landscape continues to shift and evolve, the role of data and technology is becoming increasingly important. Properly applied and managed, data and technology can have a dramatic impact on the bottom line, ultimately helping companies mitigate risk, increase workplace and employee safety, achieve compliance, and avoid costly fines and penalties.

As a result, industry’s demand for accurate data and comprehensive, innovative solutions has never been greater. This trend, when combined with growing consumer and investor interest in product safety, sustainability and corporate social responsibility, validates our ambitious product roadmap as well as our vision for the company’s future.

3E will continue to focus on innovation and product improvements that best meet the needs of our customers. As the environmental health and safety (EH&S) regulatory compliance domain and technology evolves, 3E stands ready to meet these challenges as the leading provider of EH&S data, software and services. We proudly serve companies throughout the supply chain and product lifecycle with our robust solution set, creating products specific to our customers’ EH&S compliance needs.

3E is committed to innovation and to excellence, and we look forward to continuing to serve our important constituents – our customers – and helping them overcome their compliance challenges and create a safer, greener world. In the future, you will hear from me, as well as other members of the executive leadership team, about some of the important initiatives that we have undertaken to promote innovation and improvement.

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