Investors’ toxic footprints revealed
Join us for a presentation of our latest report, which exposes the biggest financial backers behind petrochemical toxicity in the US Gulf States, setting clear targets for investors to combat the unfolding health crisis.
Production of the products we use every day, from plastics and synthetic rubber to detergents and dyes, results in the release of pollutants that are highly toxic and impact on human health, including arsenic and asbestos - a reality often overlooked by investors.
Using data provided by the US Environmental Protection Agency (EPA), the report reveals the effects of these pollutants and, most importantly, identifies the facilities responsible for their emission as well as the financial institutions funding the industry.
By revealing the most serious offenders in the industry – five facilities owned by Olin Corp., Covestro, Valero Energy and BASF account for 75% of total releases in the region – this report, together with Planet Tracker’s accompanying interactive data dashboard, serves as a toolkit for investors to understand the devastating impact of the industry.
We will also demonstrate how the report’s findings can be examined in detail in two dashboards, covering 6,522 equity investors, 225 facilities, 89 facility owners, 76 corporates and 211 chemicals emitted by these facilities across two states, Texas and Louisiana. The first shows a detailed list of the top toxic polluters and their investors, while the second provides more detail on the facilities and locations that are linked to specific investors.