Value to Investors, Retailers, and Purchasers

Investors

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.

“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.

Investor Signatories

Click on the links below to learn why and how these investors support the Chemical Footprint Project.

• Bank J. Safra Sarasin 
• Boston Common Asset Management
• First Affirmative Financial Network
• The Sustainability Group at Loring, Wolcott and Coolidge
• Trillium Asset Management
• Mercy Investment Services, Inc

Retailers

“CFP is making data available for benchmarking and gap analysis, which are critical for us to understand where our company and our suppliers are on the journey to more sustainable chemicals” -Zach Freeze, Senior Director for Sustainability, Walmart."

Consumer-facing companies, especially in such sectors as household and personal products, face rising consumer demands for safer products.

The Chemical Footprint Project:

• Creates a clear, common logic for evaluating corporate chemical management performance.

• Provides easy to use results: CFP provides retailers with data that readily enables comparisons of suppliers on their corporate-wide chemical footprint.

• Measures supplier progress on chemicals performance: the CFP data results are founded upon 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 retailers to evaluate companies on all their key sustainability metrics, including chemicals and health.

• Empowers retailers to request chemical footprint data from their suppliers.

• Identifies opportunities for improving supplier performance: retailer requests for chemical footprint data can prompt suppliers to improve their chemical management policies and practices.

• Enables retailers to recognize and reward suppliers for doing well.

Purchasers

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

The demand for chemical transparency and accountability has grown amongst purchasers, such as in the health care sector where group purchasing organizations and major healthcare providers tighten their procurement requirements to restrict toxic chemicals - often beyond government regulatory requirements.