Thursday, May 26, 2016 by Tim Greiner
In a world where chemical regulations and market demands for safer chemicals are on the rise, how can investors know which firms are most at risk from these emerging trends and which are best positioned to capture new markets with safer products?
How can institutional purchasers know which suppliers are taking the systematic steps necessary to identify and reduce chemicals of high concern in products and supply chains? And how can companies demonstrate to purchasers and investors their leadership in chemicals management when they lack an objective, third-party metric that recognizes their efforts?
The inaugural Chemical Footprint Project report released this week highlights the financial risks that companies face due to chemicals of high concern (CoHCs) to human health and the environment in their products and supply chains. The Chemical Footprint Project is an initiative backed by companies and investors with a total $1.1 trillion in assets under management and purchasing power, which aims to help companies measure, analyze and ultimately act to mitigate their reliance on potentially hazardous chemicals.
The new report features key findings from the 2015 survey, including an assessment of how companies manage the potential liabilities posed by hazardous chemicals and opportunities for improvement.
Co Authored by Mark Rossi, Sally Edwards, Tim Greiner and Cheri Peele