It’s hard to find a chemical company that doesn’t at least talk about sustainability. ChemSec aims to cut through the noise with its ChemScore report cards, which the Swedish nonprofit released this week. ChemSec graded the top 35 chemical companies on the basis of what they make, their efforts toward developing safer alternatives, their transparency about ingredients, and the accidents or other scandals they’ve faced.

The Dutch life sciences and materials firm DSM topped the field with a grade of B and a score of 29 out of a possible 48 points. DSM produces 10 chemicals on ChemSec’s “SIN” list, short for “substitute it now,” but is working hard on developing safer chemicals and has no significant controversies, according to the report card.

In contrast, the Belgian metals and materials company Umicore was third from the bottom with a grade of D and a score of 7. The firm says COVID-19 prevented it from participating fully in ChemSec’s research. We will “look into the approach and outcome of the study and we will see what learnings Umicore can take on board,” Umicore says.

ChemSec says its main goal with the ChemScore program is to drive investors toward more sustainably-minded companies. Pure Strategies, a chemical sustainability consulting firm, applauds ChemSec for framing the issue around financial performance. “Chemical companies that have plans and timelines for producing safer alternative materials are clearly long-term better investments,” Pure Strategies Co-founder Robert L. Kerr says.

Read the full article by Craig Bettenhausen here. 

This article originally appeared in Chemical & Engineering News on June 18, 2020.