| Summary: |
The Innovation Society, Ltd. is an international management and technology consulting company. They have adopted the nanotechnology Code of Conduct drawn up by the Swiss retailer’s association IG DHS. The Code is intended to provide maximum transparency to consumers of nanotechnology-utilizing products. First and foremost, product safety is the top priority. Only products considered harmless to humans, animals, and the environment may be produced. Members of IG DHS are responsible to actively seek information regarding nanomaterial safety and laws. In the event that nanomaterials are found to exist within a product and were not previously reported as such, the Code requires that manufacturers and suppliers be notified. Conversely, retail products which claim to use nanomaterials must actually contain them. Companies which manufacturer nanomaterial-utilizing products must consider risk management and must request information from their suppliers: Benefit or added value of the nanoproduct versus conventional product, evidence of the nano-specific effects, technical specifications, and risk potential. |