IHS Chemical Week

People & Business :: Corporate Social Responsibility

Inefficient Resource Use Costing Chemical Makers, Independent Study Finds

5:03 AM MST | February 25, 2010 | Alex Scott

Global chemical companies on average could each save more than €1 billion ($1.4 billion) in cash flow if they increased their sustainability performance, according to the findings of a study by a team of European researchers. The report’s authors include academics from Queen’s University (Belfast, U.K.). The findings of the report, Sustainable Value Creation by Chemical Companies, are based on 2007 figures.   The study features an assessment of the financial implications of the sustainability performance of nine global chemical companies...

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