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Wolverine World Wide
-16.55%
Clothing & footwear / Footwear and Apparel Manufacturing
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web1. Environmental Contamination:Without proper controls and monitoring in place, the release of hazardous chemicals from Wolverine World Wide's facilities could lead to contamination of land and water sources, potentially impacting the health and safety of nearby communities.
2. Legal Accountability:The failure to control the release of hazardous chemicals could result in significant legal and regulatory liability. Wolverine World Wide may be liable for any injuries, damages, or other losses incurred from inadequate maintenance and regulation of their hazardous materials.
3. Brand Damage:The failure to effectively regulate hazardous material can also lead to significant damage to Wolverine World Wide's brand reputation. Consumers may be less likely to purchase Wolverine World Wide products if they perceive them to be hazardous or unsafe.
4. Costly Cleanup:Wolverine World Wide could be required to undertake costly cleanup efforts in order to mitigate the environmental contamination caused by the release of hazardous materials. This could involve costly environmental remediation or public relations efforts to mitigate damage to the company's image.
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