“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
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
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
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
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 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.