Chemicals are the basis of most of the world’s products as they are for literally thousands of paint and coatings products. Customers, government bodies, non-governmental organizations and consumers are increasingly aware that the chemical industry, comprising many different sectors, has an important role to play in creating a positive impact on the environment as well as people’s health and well-being. It is clear there are many environmental and human health benefits derived from paint and coatings. The ultimate goal is to deliver those benefits to prevent potentially unintended negative impacts, which no business wants. Defining the new standard for chemicals management has evolved over many years because ‘what one can measure, one can manage.’ The coatings industry has embraced this approach internally and externally in working with many organizations on a common framework for assessing and reporting on life cycle metrics for its products. As such our member companies have a means to improve the economic and social impact of their products for the end users, within the communities they operate.