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.
The Chemical Footprint Project provides an independent, third party assessment tool that will help companies to think about how to fully integrate their policies into procedures and vice-versa.
- Jane Abernethy, Humanscale
The Investor Environmental Health Network welcomes the launch of the Chemical Footprint Project. For too long chemicals and health have been missing pieces in Environmental Social Governance (ESG) assessments. Now we have a tool that investors can use to fill in this critical information.
- Richard Liroff, Investor Environmental Health Network
CFP greatly simplifies the complex issue of chemicals management. We now have a tool that is available for plugging into purchasing decisions.
- Monica Nakielski, Partners HealthCare
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
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.