The three SDGs most relevant to hazardous chemicals along with the SDG indicator that references chemicals and the CFP Indicators most relevant to achieving the goal:
Goal 3 -- Ensure healthy lives and promote well-being for all at all ages:
- SDG indicator 3.9 -- “By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination.”27
- Relevant CFP Indicators: measuring chemical footprint (F2), the setting of goals to reduce hazardous chemicals (F1), and reduced Chemicals of High Concern (CoHCs) (F3).
Goal 6 -- Ensure availability and sustainable management of water and sanitation for all:
- SDG indicator 6.3 – “By 2030, improve water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials, halving the proportion of untreated wastewater and substantially increasing recycling and safe reuse globally.”28
- Relevant CFP Indicators: measuring chemical footprint (F2), the setting of goals to reduce hazardous chemicals (F1), and accounting for reduced CoHCs (F3).
Goal 12 -- Ensure sustainable consumption and production patterns:
- SDG indicator 12.4 -- “By 2030, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water and soil in order to minimize their adverse impacts on human health and the environment.”29
- Relevant CFP Indicators: the entire suite of CFP Indicators align with achieving the “environmentally sound management of chemicals.” In fact, the entire CFP Survey is a proxy for measuring progress to SDG indicator 12.4.
According to the United Nations Principles for Responsible Investing (UN PRI), “achieving the SDGs is at the core of the responsible investment agenda over the next ten years.”30
The Chemical Footprint Project gives companies across all industries tools to evaluate their progress in reducing Chemicals of High Concern and proactively identify opportunities for further action,
- Joyce Taylor
CFP greatly simplifies the complex issue of chemicals management. We now have a tool that is available for plugging into purchasing decisions.
- Monica Nakielski
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
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
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
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.