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New research warns PFAS could become multi-billion-dollar threat to financial markets
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New research warns PFAS could become multi-billion-dollar threat to financial markets
A group of toxic chemicals known as PFAS have moved from being a niche environmental concern to a multi-billion-dollar liability risk for investors, according to new research from financial think-tank Planet Tracker. PFAS is now one of the most significant environmental litigation issues in history, with 15,000 active US lawsuits and a $10bn settlement by 3M in 2023. This growing wave of PFAS-related settlements could translate into material imp…
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