GreenBiz Blog: The $1.1 trillion question: What’s your chemical footprint?

Look no further than the financial and reputational travails of Lumber Liquidators for a stark example of the risks companies are exposed to when they have toxic chemicals in their products and supply

6/19/15   Mark Rossi   GreenBiz   Blog  

GreenBiz Blog: The $1.1 trillion question: What’s your chemical footprint?

From February to May, the stock price of Lumber Liquidators plummeted 70 percent — and its CEO resigned — amid concerns that the company's laminate flooring products contained unacceptably high levels of formaldehyde.

The formaldehyde fiasco highlights a challenging question for investors and purchasers: How can they better understand the chemical risks of the companies they invest in or purchase from?

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