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.
We see the Chemical Footprint Project enabling us to quickly recognize and reward suppliers for doing what matters most to us in health care, which is implementing systems to ensure their products and supply chains use safe and healthy chemical ingredients
- Vanessa Lochner , Kaiser Permanente
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
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.
- Sonja Haider, ChemSec
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.
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.