PracticeConsultingErnst to tread firm line as tyre-recycling auditor

Ernst to tread firm line as tyre-recycling auditor

Ernst & Young has been appointed as auditor of v.Prompt, a voluntary scheme which aims to provide evidence that waste tyres have been reused and recycled in an environmentally preferable and sustainable way.

The appointment was made by Waste Tyre Solutions Limited (WTS), the UK?s leading used tyre recovery and recycling service.

The scheme, the first of its kind in the UK, will be regulated by the Tyre Industry Council (TIC) under its Responsible Recycler Charter.

As members of the v.Prompt scheme, waste tyre reprocessors must produce evidence that all WTS collected tyres have been recovered via an approved recycling process. Evidence of compliance will be in the form of Tyre Recovery Notes (TRN).

Ernst & Young has already begun to audit the internal controls and reporting systems of a number of UK based reprocessors and it is expected that the first TRN will be produced from an accredited reprocessor as early as January 2000.

Nicholas Turner, Senior Consultant at Ernst & Young said:’v.Prompt provides the tyre industry with the opportunity to demonstrate that waste tyres are being managed responsibly and transparently, and it could also help to avoid the costly and bureaucratic implications of statutory regulations for tyre recycling, as experienced by the packaging industry following the introduction of the producer responsibility regulations.’

Waste Tyre Solutions (WTS) are the largest waste tyre collection service in the UK, co-ordinating a genuinely national network of more than 90 collection vehicles from 11 regional depots.

Ernst in talks with IT giant over future of consultancy wing

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