Companies Are Committing to Reduce Toxic Footprints

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Companies need to move towards using greener chemicals because the principal drivers demanding such change -- science, regulation, and business-to-business environmentally preferable purchasing programs -- are surging and will intensify. Product toxicity reduction should be a core element of business strategy because it can reduce reputational and litigation liabilities, help companies avoid "toxic lockout" of their products from the marketplace, and drive innovation.

Companies need to move towards using greener chemicals because the principal drivers demanding such change -- science, regulation, and business-to-business environmentally preferable purchasing programs -- are surging and will intensify.

Product toxicity reduction should be a core element of business strategy because it can reduce reputational and litigation liabilities, help companies avoid "toxic lockout" of their products from the marketplace, and drive innovation.

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It can drive sales in the marketplace for environmentally preferable products, lower overhead costs when products subject to government hazardous waste laws are eliminated, and contribute to enhanced employee safety and productivity. Toxicity reduction and elimination can also yield other forms of cost savings, generally determined on a case by case basis.

In the course of this three-part series, we aim to help you figure out how to reduce your company's toxic footprint by reducing and eliminating the "worst of the worst" toxic chemicals and promoting use of "best of the best" green ones.

Article continues: http://www.greenbiz.com/blog/2009/11/30/how-companies-are-committing-reduce-toxic-footprints