MemoMemorandumClinton · D

Presidential Memorandum

Expediting Community Right-to-Know Initiatives

President Clinton directed the EPA Administrator to expedite rulemaking to expand Toxics Release Inventory reporting to additional industrial facilities (SIC codes 20-39) and to develop a process for collecting toxic chemical use information, with a progress report due by October 1, 1995. The memorandum reinforces implementation of the Emergency Planning and Community Right-to-Know Act of 1986 and the Pollution Prevention Act of 1990.

Impact dates

  1. EPA to complete rulemaking on accelerated schedule for SIC code expansion

  2. EPA progress report on chemical use reporting process

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

LicensingProcurement

Role pressure

  • AdverseDownstream manufacturerExpansion of TRI to SIC codes 20-39 and potential chemical use reporting increases compliance burden and disclosure requirements for manufacturing facilities
  • MixedDomestic producerPollution prevention incentives may reduce long-term costs but near-term reporting requirements impose administrative costs; mass balance reporting could expose proprietary process information

Geographies

Exposure dates

  • EPA progress report on chemical use reporting process

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MALBAlbemarleAAPLAppleBASFYBASFCATCaterpillarCTVACortevaDOWDowDDDuPontFCXFreeport-McMoRanGEVGE VernovaHONHoneywellLYBLyondellBasellSPYSPDR S&P 500 ETFSQMSQM

Confidence: medium · Policy alerts

Key directives

  • EPA shall complete rulemaking on accelerated schedule to consider adding SIC codes 20-39 to TRI reporting requirements
  • EPA shall develop and implement expedited process for consideration of toxic chemical use reporting including mass balance and materials accounting data
  • EPA shall report on progress of chemical use reporting effort by October 1, 1995
  • Executive department and agency heads shall assist EPA in implementing directive as quickly as possible

Who is ordered

Timeline

Immediate

  • EPA to continue and expedite ongoing rulemaking on facility expansion
  • OMB and federal agencies to consult with EPA

Near term (90d)

  • EPA progress report on chemical use reporting process due October 1, 1995

Long term

  • Potential expansion of TRI to cover additional industrial sectors
  • Possible implementation of chemical use reporting (mass balance, materials accounting)

Risks & tensions

  • Accelerated rulemaking may compress public participation timeline
  • Chemical use reporting (mass balance, materials accounting) could face industry resistance over proprietary information concerns
  • Vague 'as appropriate' and 'consistent with' language in directive (a) leaves EPA discretion that may limit actual expansion
  • Memorandum explicitly disclaims enforceable rights, limiting judicial accountability
Presidential Memorandum: Expediting Community Right-to-Know Initiatives · Executive Orders