REACH services
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Are you prepared for REACH?
REACH may seem like a technical issue that only affects the chemical industry, but nothing could be further from the truth. In reality, the regulation affects any entity that processes chemical substances into everyday products and anyone who sells such products. REACH is a complex regulation, which makes it difficult to obtain a good overview of not only all the obligations involved, but also the opportunities. Experts at PwC will be happy to support you in thoroughly preparing and implementing REACH compliance. We will identify your opportunities, help to set up your REACH administration and assist you in the eventual implementation.
Below you find an overview of the services PwC can offer you to help implement REACH, including consortium management services and registration representation services.
REACH Implementation Services
- Business Impact Assessment: A thorough analysis of your substances portfolio and the consequences of REACH for your organisation
- Coaching of REACH managers and/or coordinators
- Support in determining the impact of REACH on your profit and loss account and balance sheet, on the basis of guidelines for REACH accounting under IFRS and US GAAP
- REACH implementation management: Interim management to help implement REACH
- Event identification updating as part of enterprise risk management. This involves an analysis of how damage that might be caused by REACH can be prevented. Together with you, we determine vulnerabilities, and consider which options would be appropriate and what the consequences would be
- Tax advice on e.g. transfer pricing issues
Consortium Management Services
- We provide consortia with support secretarial, bookkeeping and operational management services to enable the consortium to deliver its tasks efficiently
- We have experience in designing the consortium-related administrative organisation (for consortia as well as participants)
- By means of our Consortium Benefits Management tools, we support consortium participants in maintaining control of the consortium’s overheads and benefits
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- Consortium Monitor: This tool provides an independent opinion on participating in consortia, setting criteria that a well-functioning REACH consortium should meet
- Consortium Navigator: This tool provides an overview of active consortia that are open to new members, and helps you choose appropriate consortia given your own portfolio
- An overview of REACH-related audit and tax risks and/or opportunities
- REACH volume verification: Independent testing of volume data (e.g. as a basis for sharing costs in a consortium and an SIEF, a Substance Information Exchange Forum)
REACH Representation Services
- We can support you in choosing the right type of representation: third party representative, only representative or third-party data holder