Investors pressure top firms to halt production of toxic ‘forever chemicals’

1 year ago 46

Shareholders say lawsuits over PFAS compounds linked to cancer and other diseases represent growing threat to companies’ profits

Investors from some of the world’s largest firms are pressuring chemical companies to end production of toxic PFAS “forever chemicals”, which shareholders say represent an enormous and growing threat to manufacturers’ bottom lines.

PFAS are a class of about 12,000 compounds typically used to make products resist water, stains and heat. They are called “forever chemicals” because they do not naturally break down, and are linked to cancer, kidney disease, liver problems, immune disorders, birth defects and other serious health issues.

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