Grade C
ChemScore report card 2024

Avery Dennison

About the company

The Ohio-based Avery Dennison Corporation is an American manufacturer of labelling and functional materials with locations in over 50 countries. Some of its products include pressure-sensitive adhesive materials and radio-frequency identification (RFID) inlays and tags. The company supplies products to a wide range of industries such as home and personal care, apparel, logistics, pharmaceuticals and automotive. Avery Dennison appears on the Fortune 500 list that ranks the largest United States corporations by total revenue.
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Total score
20 out of 48 points
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Product Portfolio
5 out of 18 points

To reach a final score in this category, we assess the company’s transparency in chemical production. Lower transparency makes it harder to achieve a good score. If the product portfolio transparency is very low, a company producing just one or even zero toxic chemicals (according to available data) might receive the same poor score as one producing 50.

Visit the methodology to delve deeper into the ChemScore ranking.

Registered hazardous chemicals 3
Chemicals on the EU’s Candidate List 1
Chemicals on the EU’s Authorisation List and/or POP substances 0
Persistent chemicals 0
Product portfolio transparency 45%
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Development of Safer Chemicals
5 out of 12 points
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Management & Transparency
5 out of 12 points
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Lack of Controversies
5 out of 6 points

Action points 🔍

1. Increase transparency

Although Avery Dennison has responded to our request for more information regarding the company’s chemicals management, much is still unknown about Avery Dennison’s production and use of hazardous chemicals. To demonstrate a commitment to transparency, Avery Dennison should disclose both the share of revenue and production volume of products that are, or contain, hazardous chemicals. This information should cover all operations, including subsidiaries, worldwide. Sabic provides a good example, as it has disclosed its full chemicals portfolio, including production volumes and locations.

2. Map and phase out persistent chemicals

According to public registries in the EU/US, Avery Dennison is not responsible for placing any persistent chemicals on these markets. However, the company might be using persistent chemicals, bought from other producers within the EU/US. They should, like Sika and LyondellBasell, disclose the share of revenue generated by products containing PFAS or other persistent chemicals. If that figure is 0%, the company should, like Sasol, clearly state that they do not buy or produce any PFAS, then expand that to include all persistent chemicals.

3. Develop safer solutions

Avery Dennison currently lacks a strict policy for limiting hazardous chemicals in its new product development. As a result, both its existing and future product lines are dependent on substances that run the risk of becoming regulated. Therefore, Avery Dennison may face growing challenges in maintaining profitability in the long term. The company should set a 2030 target for the share of revenue generated by products free from hazardous chemicals and develop a strategy to achieve it. A first step should be to, similarly to Lanxess, publicly state that it will not develop or market new end-products containing more than 0.1% of substances that have the characteristics of a Substance of Very High Concern (SVHCs).

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Company facts
Founded
1990
Headquarters
Glendale, USA
Revenue
8.4 Billion USD
Market capitalization
16.3 Billion USD
ISIN
US0536111091
Category
Other
Plastic & Rubber & Fibres
Other years
Year Rank Total score
2024 9 / 51 20 / 48
2023 7 / 50 21 / 48
2022 8 / 54 20 / 48
2021 4 / 50 23 / 48