3 Companies to Pay Over $1 Billion in Settlement Over 'Forever Chemicals' Allegedly Contaminating U.S. Water Systems Polyfluoroalkyl substances, also known as PFAS, are nearly impossible to break down and can have serious consequences to human health and the environment.

By Madeline Garfinkle Edited by Jessica Thomas

Opinions expressed by Entrepreneur contributors are their own.

Bloomberg | Getty Images
A DuPont ethanol plant stands in Nevada, Iowa, U.S., on Jan. 30, 2016.

Three chemical manufacturing companies, Chemours, DuPont and Corteva, announced on Friday that they will settle claims that "forever chemicals" were used in manufacturing and then contaminated U.S. public water systems serving a "vast majority" of the country's population.

In total, the companies will collectively pay $1.185 billion to a settlement fund. Chemours will pay nearly half of the settlement (about $592 million); DuPont will pay about $400 million; and Corteva will pay about $193 million.

"This is an impressive step toward righting a corporate wrong that threatened the health of all Americans," Scott Summy, one of the lawyers leading the PFAS litigation, told Bloomberg. "DuPont has decided to put money into water systems' hands today rather than delaying payment for years of trial."

Related: PVC Plastics Are Polluting Our Planet. This Startup Has a Solution.

Polyfluoroalkyl substances, also known as PFAS, are commonly dubbed "forever chemicals" due to their near-impossible ability to be broken down. According to the Environmental Protection Agency, PFAS pose severe risks to the environment and human health, such as learning delays in youth, increased risk of cancer and increased cholesterol levels.

Last year, Burger King and McDonald's were both hit with class-action lawsuits over the use of forever chemicals after a Consumer Reports investigation found dangerous levels of PFAS in the fast-food chains' packaging.

Related: This Eco-Friendly Disposable Diaper Aims to Disrupt Its Industry

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

The FTC Is Readying a Case Against the Largest U.S. Apartment Landlord. Here's Why.

The issue is with fees that allegedly weren't disclosed in advertisements for rental units.

Franchise

Turn Your Passion for Pets into a Business with a Wag N' Wash Franchise

Wag N' Wash is a store where pets can be cherished every day by feeding, washing, and spoiling them just how they like it.

Business Culture

What Every Business Leader Can Learn From Dutch Bros' People-First Culture

The coffee chain is turning employees into owners of the customer experience.