European companies have significantly improved their average score. In contrast, the average total score of companies based in North America and Asia have dropped.
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.
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?
A couple of weeks ago, chemical producing giant Dupont announced via a press release its new sustainability goals, including an ambition to design all of its products in line with the green chemistry principles. In this situation, where the current business model has reached the end of the road, there aren’t many options left for Dupont but to announce a major turnaround.
One big dream that I’ve had since I started working for ChemSec ten years ago, is to see a big chemical producer taking the lead in the transformation to sustainable chemistry. A couple of weeks ago, DSM announced that they aim to phase out all chemicals of high concern from their coating resins. I thought I’d share my thoughts on it.
Last year we saw the finalisation of the phase in registration process in REACH. In May, the last registration deadlines expired, officially ending the phase-in period. So what have the costs amounted to?
Two years have passed since hazardous chemicals were given much-needed attention and closer scrutiny in the Dow Jones Sustainability Index (DJSI). Qhat has happened since then? Has the “new” DJSI had any actual effect?
The SIN Producers List has, so far, been useful for investment professionals to see what not to invest in. But we want to turn it around. We want to show these people what they should invest in. Therefore, the SIN Producers List now also shows alternatives that companies have available on Marketplace.