REACH has really helped keep the industry on its toes and stay healthy. In this situation it is only logical to up the dose even more to get an even better result, and by upping the dose we obviously mean to implement the Chemical Strategy as intended.
With the EU’s Green Deal, Chemical Strategy and sustainable finance regulation looming on the horizon, hazardous chemicals are set to play an even larger role in all kinds of sustainability issues. Despite this, they are often overlooked in investment decisions.
Corbion provided us with their self-evaluation according to the ChemScore criteria, and our verification confirmed that the company scored 43 points, which equals an A. That’s 14 (!) points more than the top-scoring company in ChemScore.
PRESS RELEASE: Chemical companies around the world are actively marketing their greener, more sustainable products, whilst holding back details on the mass production of hazardous chemicals, ChemSec’s ranking of chemical companies reveals today.
With 2020 in the rearview mirror, it’s clear that the leaders and laggards of safer and greener chemicals align with the winners and losers on the stock market.
Most companies in the chemical industry seem to have been flying under the radar of most investors and divestment campaigns, at least in regard to toxic chemicals. Let’s see for how much longer.
The ChemScore ranking, which scores the world’s top chemical producers on their work to reduce their hazardous chemical footprint, will have a new iteration in 2021. And starting right now, access to the existing 2020 version is free of charge.
Video of ChemSec webinar, October 6 2020
In ChemSec’s latest project – ChemScore – we analysed and ranked the world’s 35 biggest chemical companies based on their efforts to reduce their chemical footprint. One of the main things we looked at was how many hazardous chemicals they produce. Special attention was given to a specific chemical property that is extra problematic for investors – persistence – since liability cases connected to these substances may surface a long time from now.