Could Your Chemicals Management be More Sustainable?
With forecasts predicting a six-fold growth in global synthetic chemical production by 2050, we’re heading for a world where over half a million dollars of chemicals are produced every second, around the clock. At the same time, there has been – and will continue to be – massive growth in environmental social governance (ESG) reporting. KPMG’s study of over 5,000 of the world’s largest companies found that sustainability reporting had grown from around 18% to 80% in less than two decades.
As new processes and new chemicals are introduced, it’s imperative that robust management structures are in place to effectively control the associated complexity and risks to safety and the environment. Safe, responsible and forward-thinking organisation are also recognising that this is key to their sustainability strategies and ESG reporting.
Chemical management and Control of Substances Hazardous to Health (COSHH) compliance are clearly and closely linked to environmental protection. Effective chemical management is key to avoiding any leaks to the ground or watercourse contamination. Not only is this crucial for responsible, safe operations, it’s also key to organisational reputation in a world of immediate notifications and online exposure for those who do not manage these risks appropriately.
Enterprise organisations with complex and extended supply chains need the same kind of focus not just on their own operations, but throughout their suppliers and contractors too. Quite often, those suppliers and contractors are ‘delivering the brand’ for that top-level enterprise – so the same kind of visibility, focus and effective, responsible management is needed all the way down through the supply chain as well.
Chemical management must be an integral part of a sustainability strategy, building a structured approach to chemical management – tracking, tracing and accessing the most up-to-date safety information and data sheets. Organisations also need to be clear on how that fits into tools like an environmental aspect and impact register, particularly where certified to ISO 14001, to capture and mitigate those key risks.
It's still common for this information to be buried away in spreadsheets or laptops, hard drives, notebooks, even pen and paper in some cases. That is increasingly impossible to manage in a complex operation, because it leaves that information subject to inaccuracies, mistakes and even to be overlooked in the pace of operations.
So – what steps could you take?
- Sign up to our webinar (link below) to learn more about the topic
- Look at how solutions like Sypol (our chemical management platform) could help you tackle this complex operational aspect
David Picton, SVP of ESG & Sustainability says: “It's vitally important to build in responsible chemical management, backed up with a trusted technology platform, if organisations are truly to achieve a fully-integrated digital sustainability approach across their operations.”
To learn more, register for our webinar on 21st September: Could Your Chemicals Management be More Sustainable?