This webinar looked at the use of CiP information systems and the value of knowing about chemicals contained in products. These systems continue to enable and stimulate companies and entire product sectors to realise benefits, from achieving product safety to leading product innovation.
Drawing from the recently published UNEP report, “The Business Case for Knowing Chemicals in Products and Supply Chains”, the webinar highlighted the benefits to companies when they invest in an "active strategy" for chemicals management, one in which they proactively manage the chemicals in their products and supply chains to stay ahead of regulatory and market demands.
The webinar also gave examples of brands and retailers that are passive (reacting only when compelled by crises or regulations) and hold hidden liabilities of chemicals of concern in their products. Costs from these liabilities have run to the tens or hundreds of millions of dollars, have tarnished brand reputation, and resulted in loss of market share and valuation.
The expert speakers were Mark Rossi PhD, BizNGO; Co-Director, Clean Production Action (also one of the authors of the UNEP report “The Business Case for Knowing Chemicals in Products and Supply Chains”) and Kevin Munn, United Nations Environment Programme.