There's growing global concern about potential risks to human health and the environment from a group of industrial chemicals commonly known as PFAS, or "Forever chemicals".

Until now, Australia has not restricted the trade or use of most PFAS chemicals.

Last month, the federal Department of Climate Change, Energy, the Environment and Water announced its intention to regulate three groups of PFAS chemicals and pentachlorobenzene under Schedule 7.

Phasing out potentially hazardous chemicals such as PFAS will require careful consideration of both risk and technical function.

ChemSec has convened an Investor Initiative on Hazardous Chemicals to help reduce the impacts of hazardous chemicals, while also reducing financial risks to investors.