NonProfit Center 89 South Street Boston, MA 02111
“As investors, we want to know that the companies we are investing in are well-managed. The Chemical Footprint Project provides an effective framework for companies to communicate complex chemicals management issues – across their supply chain — to all of its stakeholders.” -Seth Magaziner, General Treasurer of the State of Rhode Island
"For investors, hazardous chemicals represent 'the new carbon.' Similar to greenhouse gas emissions, the investment community needs to grasp the implications of this evolution in chemical knowledge and action to fulfill our fiduciary duty and contribute to a more sustainable future." -Dr. Jan Amrit Poser Chief Strategist & Head Sustainability, Bank J. Safra Sarasin Ltd.
In an environment where chemical regulation and market demands for safer chemicals are increasing, investors require clear, comparable information to assess company strategies for evaluating progress toward the use of safer chemicals, and away from chemicals of high concern to human health and the environment.
The Chemical Footprint Project:
supports efforts to evaluate corporate progress towards the United Nations’ Sustainable Development Goals (SDGs)* and compliance with Sustainability Accounting Standards Board (SASB) standards;
offers insights into corporate chemicals management and supply chain management;
is a proxy for good corporate governance practice and comprehensive sustainability programs;
provides a platform for engaging companies in a dialogue on their chemicals management initiatives; and
informs investment decision making.
*Click here to see how the SDGs relate to the CFP Indicators
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
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.
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
Participating in the Chemical Footprint Project pilot led us to develop a formal chemical policy that will be included on our website. Our chemicals policy and its successful implementation is the very heart of our company philosophy.
- Jessica Iclisoy , California Baby
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.