Economics

Humanity is facing a triple planetary crisis of climate change, biodiversity loss and pollution, creating a complex web of challenges that must be addressed in a coordinated manner. Among these, pollution follows the principle of double materiality: it affects both society and ecosystems, and poses growing risks to financial institutions. However, banks can play a powerful role in reversing this trend by supporting clients that adopt resource-efficient and low-pollution practices.

Chemistry plays a pivotal role in the strength of the U.S. economy and the advancement of humankind. Chemists' achievements include life-saving pharmaceuticals, advanced energy solutions, improved agricultural productivity, and novel materials used in products from clothing to electronic devices. The many sectors reliant on the U.S. chemical economy account for about 25% of the U.S. GDP and support 4.1 million U.S. jobs.