Perimeter Solutions

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

The core product directly enables wildfire containment — a genuine climate-adaptation service as fire seasons grow 78 days longer than in the 1970s — but the product does not cut emissions, and independent research documents significant ecological harm to aquatic species and the presence of toxic heavy metals, limiting the net climate-resilience credit.

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No SBTi-validated targets or CDP disclosure was found; the company's ESG reports reference SASB and TCFD frameworks and aspirations to reduce carbon emissions, but no quantified, science-based reduction targets with interim milestones or third-party validation have been publicly disclosed.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

The company has a published Code of Ethics, a safety program, and incremental investments in dust-collection technology, but faces material product-linked ESG risks including AFFF/PFAS multi-district litigation with over 6,000 pending cases, documented aquatic toxicity of PHOS-CHEK formulations, and undisclosed proprietary ingredients that obstruct independent safety assessment.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Three annual sustainability reports have been published using SASB and TCFD frameworks, which is a positive trajectory for a company of this size, but proprietary ingredient secrecy for PHOS-CHEK, no CDP questionnaire response found, no third-party-assured emissions data, and no public Scope 3 accounting substantially undercut disclosure quality.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

Perimeter is named in a massive AFFF/PFAS multi-district litigation (inherited via the Solberg acquisition) alleging groundwater and drinking water contamination; a USC peer-reviewed study found toxic heavy metals in PHOS-CHEK at hundreds to thousands of times drinking-water limits; California media (CapRadio, July 2025) reports mounting lawsuits and scrutiny over retardant drops on residential areas; and the company declined to comment on the heavy-metals research, raising accountability concerns.