Dec 27, 2022

3M will stop making hazardous ‘forever chemicals’ starting in 2025

CNN  —  3M, the conglomerate behind Post-It notes and Scotch tape, will stop making controversial per- and polyfluoroalkyl substances (PFAS) by the end of 2025.

The chemicals, commonly known as "forever chemicals," are found in hundreds of household items and used to make coatings and products that can repel water, grease, heat and oil. The most recent science suggests that these chemicals are much more hazardous to human health than scientists had initially thought and probably more dangerous at levels thousands of times lower than previously believed.

In a statement Tuesday, 3M said its decision is "based on careful consideration and a thorough evaluation of the evolving external landscape," acknowledging that regulations are cracking down on the chemicals.

For example, the Environmental Protection Agency announced a proposal earlier this year to label "forever chemicals" as hazardous substances. California also announced a lawsuit recently to recoup the clean-up costs from PFAS.

"While PFAS can be safely made and used, we also see an opportunity to lead in a rapidly evolving external regulatory and business landscape to make the greatest impact for those we serve," said 3M CEO Mike Roman in a statement. "This action is another example of how we are positioning 3M for continued sustainable growth by optimizing our portfolio, innovating for our customers, and delivering long-term value for our shareholders."

The company expects to take a financial hit of about $1.3 billion to $2.3 billion over the next few years because of the PFAS discontinuation. Yet 3M (MMM) said PFAS represents a "small portion" of its revenue.

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Dec 20, 2022

FTC Issues Revised "Green Guides" Will Help Marketers Avoid Making Misleading Environmental Claims

The Federal Trade Commission issued revised "Green Guides" that are designed to help marketers ensure that the claims they make about the environmental attributes of their products are truthful and non-deceptive.

The revisions to the FTC's Green Guides reflect a wide range of public input, including hundreds of consumer and industry comments on previously proposed revisions. They include updates to the existing Guides, as well as new sections on the use of carbon offsets, "green" certifications and seals, and renewable energy and renewable materials claims.

"The introduction of environmentally friendly products into the marketplace is a win for consumers who want to purchase greener products and producers who want to sell them," said FTC Chairman Jon Leibowitz. "But this win-win can only occur if marketers' claims are truthful and substantiated. The FTC's changes to the Green Guides will level the playing field for honest business people and it is one reason why we had such broad support."

In revising the Green Guides, the FTC modified and clarified sections of the previous Guides and provided new guidance on environmental claims that were not common when the Guides were last reviewed.

Revisions to Previous Guidance. Among other modifications, the Guides caution marketers not to make broad, unqualified claims that a product is "environmentally friendly" or "eco-friendly" because the FTC's consumer perception study confirms that such claims are likely to suggest that the product has specific and far-reaching environmental benefits. Very few products, if any, have all the attributes consumers seem to perceive from such claims, making these claims nearly impossible to substantiate.

The Guides also:

  • advise marketers not to make an unqualified degradable claim for a solid waste product unless they can prove that the entire product or package will completely break down and return to nature within one year after customary disposal;
  • caution that items destined for landfills, incinerators, or recycling facilities will not degrade within a year, so marketers should not make unqualified degradable claims for these items; and
  • clarify guidance on compostable, ozone, recyclable, recycled content, and source reduction claims.

New Sections. The Guides contain new sections on: 1) certifications and seals of approval; 2) carbon offsets, 3) free-of claims, 4) non-toxic claims, 5) made with renewable energy claims, and 6) made with renewable materials claims.

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