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.
ChemScore frontrunners rewarded on the stock market
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.
Aviva Investors just announced it will divest from companies that don’t act on climate; are chemicals next?
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.
ChemScore is now free of charge, new ranking set to arrive in 2021
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.
Webinar: The best way to fit the chemical industry in your ESG investment analysis
Video of ChemSec webinar, October 6 2020
Investors should be wary: Persistent chemicals are more than just PFAS
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.
Investors should push for more transparency on hazardous chemicals
Today, investors can find out which companies produce hazardous chemicals, but not how big their productions are. One company can produce hundreds of hazardous chemicals in very small amounts, while another can produce only one or two but have a huge production – and investors wouldn’t know. It goes without saying that the amount of harmful substances that a company produces plays a huge role. Are we talking about one ton or one million tons?
New sustainability ranking shows best and worst performers in the chemical industry
European chemical companies top the new sustainability ranking ChemScore, followed by a mix of US and Asian companies. The main goal of ChemScore – created by the NGO ChemSec – is to drive investors towards chemical industry frontrunners.
Hazardous chemicals are ticking time bombs – investors need to realise this
Many of the world’s foremost chemical researchers are convinced that the presence of hazardous chemicals in the world is a global threat comparable to climate change. So, who are the companies that are producing these substances? In ChemSec’s latest endeavour – ChemScore – we dive deep into the world’s 35 largest chemical companies to see what kind of chemicals they produce. The results paint a very interesting picture of an industry in change.
Here are the best and worst performers in the chemical industry
Today, ChemSec releases its new sustainability ranking for investors – ChemScore. For a while now, ChemSec has dug deep into the world’s 35 largest chemical companies, scrutinizing their hazardous product portfolios and looking into their efforts to move towards safer chemicals. But ChemScore not only captures and ranks the companies’ performance, it also serves to boost investments in safer and greener alternatives.