The Chemical Footprint Project is a new initiative for measuring corporate progress to safer chemicals. It provides a metric for benchmarking companies as they select safer alternatives and reduce their use of chemicals of high concern.
The Chemical Footprint Project measures overall corporate chemicals management performance through a 20 question survey, scored to 100 points, that evaluates:
- Management Strategy (20 points)
- Chemical Inventory (30 points)
- Footprint Measurement (30 points)
- Public Disclosure and Verification (20 points)
The Survey is designed for manufacturers and brands, who participate as CFP Responders. CFP Signatories are investors, retailers, large-scale purchasers, and NGOs that encourage manufacturers and brands to participate as Responders.
Learn more about the benefits of the Chemical Footprint Project for both Responders and Signatories by clicking the infographic to the right.
Hazardous chemicals “present reputational, regulatory, and reformulation risks across a broad range of industry sectors. Investors need to understand how companies are meaningfully managing these risks.”
- Susan Baker, Trillium Asset Management, LLC
We need metrics for reporting and benchmarking overall corporate performance on chemicals management. CFP is a publicly developed standard which could allow us to benchmark, track and report our overall corporate chemical management performance going forward. We look forward to its launch in 2015.
- Annie Schmidt, Seagate Technology, LLC
The Chemical Footprint Project gives companies across all industries tools to evaluate their progress in reducing Chemicals of High Concern and proactively identify opportunities for further action,
- Joyce Taylor, Hewlett-Packard Company
CFP is a market differentiator and provides a competitive advantage for business leaders. This new tool will add a level of transparency and help companies mitigate reputational and regulatory risks and exploit opportunities afforded by moving to safer chemicals.
- Roger McFadden, Staples, Inc.
Companies need to know the chemicals in their products and supply chains, and be able to benchmark their performance. CFP offers a new and welcomed option for companies to make progress in these efforts.