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“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,” explained Vanessa Lochner of Kaiser Permanente.
Issues for Health Care and Government
- Workers, patients, and people in general want products that are safer and healthier. Their expectation is that products will not contain chemicals harmful to themselves and the environment.
- Toxic chemicals cause health related diseases:
- 3% of developmental disabilities
- 5% of childhood cancer
- 10% of diabetes, Parkinson’s Disease, and neuro-developmental disabilities
- 10% of children’s neurobehavioral disorders
- 30% of childhood asthma
- Until CFP, health care and government purchasers lacked the means to evaluate how their suppliers manage chemical risks.
Value for Health Care and Government
- Creates a clear, common logic for evaluating corporate chemical management performance.
- Provides easy to use results: CFP provides institutional purchasers with data that readily enables comparisons of suppliers on their corporate-wide chemical footprint. For contracts that can include tens if not hundreds of products, CFP enables quick benchmarking of supplier performance in chemicals management.
- Measures supplier progress on chemicals performance: the data on which the easy to use CFP results rests arise from an in-depth assessment of suppliers’ policies and practices, specifically:
- Management Strategy: corporate policies for chemicals management.
- Chemical Inventory: what suppliers know about chemicals in products and manufacturing.
- Progress Measurement: how suppliers assess chemicals, whether they select safer alternatives, and their overall progress in reducing toxic chemical use.
- Public Disclosure: how much information suppliers release to the public about chemicals in their products and their overall chemicals management practices.
- Fills a critical missing gap in sustainability data: the CFP data enables purchasers to evaluate companies on all their key sustainability metrics, including chemicals and health.
- Empowers purchasers to request chemical footprint data from suppliers.
- Identifies opportunities for improving supplier performance: purchaser requests for chemical footprint data can prompt suppliers to improve their chemical management policies and practices.
- Enables purchasers to recognize and reward suppliers for doing well.
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.
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.
- Barry Cik, Naturepedic
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
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
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.