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ASBC Announces Release of Safer Chemicals Report
The American Sustainable Business Council (ASBC) announced the release of a new safer chemicals report on Monday, May 4. The report, commissioned by ASBC and the Green Chemistry & Commerce Council and developed by independent research firm Trucost, found that the market for safer chemicals is estimated to have 24 times the growth of conventional chemicals market worldwide, from 2011 to 2020, among other findings.
In a statement accompanying the report’s release, ASBC CEO David Levine noted, “The data in this report are important for the industry, but also policymakers. When we can look at the aggregate economics on the upside of market and job growth, investment in innovation opportunities along with the downside cost of hazardous chemical compliance, lawsuits and remediation, we should all be guided by the evidence to move towards safer chemicals production and use."