U.S. court approves New Jersey PFAS settlements totaling $2.5 billion

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Summary · why it matters

A federal judge approved more than $2.5 billion in settlements reached by New Jersey with DuPont, 3M, Chemours, and Corteva to resolve claims over PFAS pollution. The settlement with DuPont entities, valued at more than $2 billion, is the largest environmental settlement ever achieved by a single state, while the combined settlements with DuPont entities and 3M total approximately $2.5 billion. Chemours and Corteva were part of DuPont prior to spinoffs. The judge called the total value an impressive windfall given litigation risks and said the settlements were fair, reasonable, and in the public interest.

Impact on assets 4

Climate Adaptation & Water▼
Dupont De Nemours Inc
DD
▼ NegativeRegulationrelevance

DuPont is the primary defendant in the $2B+ PFAS settlement approved by court.

Critical Materials & Supply Chain▼
Chemours Co
CC
▼ NegativeRegulationrelevance

Chemours, as a DuPont spinoff, is party to the $2.5B PFAS settlement approved by court.

Synthetic Biology (non-pharma)▼
Corteva Inc
CTVA
▼ NegativeRegulationrelevance

Corteva, as a DuPont spinoff, is party to the $2.5B PFAS settlement approved by court.

Artificial Intelligence▼
3M Company
MMM
▼ NegativeRegulationrelevance

3M is party to the $2.5B PFAS settlement approved by court.