Management & Transparency

A good chemicals management system is fundamental for a chemicals company, especially for those with a large share of hazardous substances in production. A transparent approach to product ingredients, as well public commitments to phase out certain substances, is a good indication of the direction in which a company is moving.

Where does the data come from?

The sources we have used to collect data for this category are the companies’ sustainability reports and websites. We have also communicated directly with the companies, receiving responses to our request for feedback on draft scores.

Criteria in this category

• Company only produces sustainable products
• Company has a public strategy with (timed) phase-out plans for existing hazardous chemicals beyond regulatory compliance
• Reporting on the EU Taxonomy for sustainable finance
• Code of Ethics or Code of Conduct and a Supplier Code of Conduct
• Relevant and constructive response to ChemSec’s request for feedback on draft scores
• Public information on global hazardous chemicals production
• Internal circular economy policy in place
• Key performance indicators (KPIs) covering circular economy targets