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Environmental compliance makes SOX effort look insignificant |
Environmental compliance requirements dwarf the Sarbanes-Oxley Act (SOX) in their breadth, scope, and sheer complexity claims AMR Research.
Initiatives like the Reduction of Hazardous Substances (RoHS) and Waste Electrical and Electronic Equipment (WEEE) only scratch the surface of an area that includes regulations such as: ISO 14001, EPA Clean Air Act Title V, EPA Clean Water Act, EU Emission Trading Scheme (ETS)...
...US SARA 313 and Canadian NPRI Reporting, Health & Safety Management
(OHSA 18001, COSHH), Social Accountability (SA 8000), Risk Management
(AS/NZS 4360), and Information Security (BS/ ISO 17799) to name but a
few.
Crucial information is often held in many different system silos –
transport, facilities, HR, manufacturing, asset management, order
processing etc – and businesses are highly reliant on manual processes
to hold together these disconnected sources.
While the regulatory cost of non-compliance is undeniable, the cost in
brand terms and loss of consumer confidence has the potential to be
greater by far.
(AMR Research)
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