IHS Chemical Week

People & Business :: Corporate Social Responsibility

Socma’s Membership Reaches 10-Year High

12:19 PM MDT | September 7, 2007 |

Nancy Seewald

Socma says its membership has reached 290, a 7% increase over 2005, when it dropped ACC’s Responsible Care program and replaced it with ChemStewards, its own environment, health, safety, and security program. Socma says it expects membership to grow to 300 by year-end. Retention rates are also the highest they have been in 10 years, it says. ChemStewards requires performance metrics, security enhancement requirements, and third-party verifications that are more flexible than those of Responsible Care, Socma says. “We are seeing a number of companies...

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