In the first initiative of its kind to publicly benchmark corporate chemicals management, the Chemical Footprint Project provides valuable insights into how leading companies manage chemicals in their products and supply chains, and how all companies might manage these issues in the future.
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Corporate performance in chemicals management varies widely, from barely being in compliance with regulations to capturing new markets through innovative products based on safer chemicals. We look forward to using a tool that rewards innovators for using safer substitutes.
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.
CFP provides the definitive tool for measuring overall corporate chemical management performance. We look forward to its widespread use in the furnishings sector where a credible, third party benchmarking of chemical performance is missing, yet needed.
CFP greatly simplifies the complex issue of chemicals management. We now have a tool that is available for plugging into purchasing decisions.
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.”