The document provides an overview of Hazchem compliance requirements and labeling standards set by OSHA for hazardous chemicals in the workplace, emphasizing the necessity of clear communication of hazard risks to employees. It highlights the globally harmonized system (GHS) for classification and labeling, which must be implemented to ensure compliance by June 1, 2016. Additionally, it discusses the importance of using easily understood labels and the significance of the NFPA 704 standard for identifying hazards in emergency situations.