Important Takeaways:

• ‘Forever’ Chemicals Are Nearly Everywhere. These Companies Are Helping Clean Up the Mess
• The planet has a problem with “forever” chemicals. Known as PFAS, the chemicals are everywhere—from our nonstick cookware to our waterproof clothes, and smartphones. The chemicals are even in our drinking water and bloodstreams, and have been linked to increased risk of cancer in humans, among other issues.
• “PFAS touches so many sectors,” says Dimple Gosai, clean tech analyst and head of U.S. ESG research at BofA Securities. The chemicals are pervasive in consumer apparel and food packaging, she notes, and are having an impact on insurers, industrial companies, and water utilities. “It’s a risk I think everyone needs to care about.”
• More than 9,800 lawsuits alleging harm from PFAS have been launched across 140 industries since 1999, leading to $16.7 billion in settlements, according to a recent report from risk consultancy Milliman.
• Contaminated water is a growing concern. According to a 2023 study by the U.S. Geological Survey, at least 45% of tap water is estimated to have one or more types of PFAS

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