5th Annual Chemical Footprint Project Report features best practices in proactive chemicals management by Beautycounter, Herman Miller, HP Inc., Humanscale, Naturepedic, RB (Reckitt Benckiser), & Seventh Generation
Somerville, MA – Today Clean Production Action Released the 5th Annual Chemical Footprint Project (CFP) Report analyzing the results of the CFP 2020 Survey. The Survey evaluates and benchmarks participating companies on their progress to best practices in proactive chemicals management. The 33 companies participating in the 2020 Survey came from seven industry sectors and ranged in size from small privately owned companies to large publicly traded multinational corporations. For the first time in five years of the CFP Survey, seven companies scored over 80 percent of possible points. These Front-runners were far more likely than other participants in the Survey to:
Have senior management leadership and Board level engagement in chemicals management—support at the highest levels is critical to sustained attention to and progress in reducing chemical footprints in the face of competing corporate demands.
Publicly disclose their Restricted Substances List (RSL), manufacturing RSL (MRSL), and CFP 2020 Survey responses and score.
Measure their chemical footprint using the CFP Chemicals of High Concern (CoHC) reference list of over 2200 chemicals—100% of the Front-runners calculated their footprint by mass and many had no chemicals of high concern in their reported products.
Invest in safer alternatives to CoHCs—Front-runners explicitly included preferences for safer alternatives in their corporate policies and business strategy, and rewarded suppliers for using safer alternatives. These measures are essential to preventing the use of regrettable substitutes.
Investors, retailers, and non-governmental organizations (NGOs) want to know where companies are on their chemicals management journey. CFP Signatories include investors with over $2 trillion in assets under management, and retailers and health care organizations with over $800 billion in purchasing power. First Affirmative Financial Network (FAFN)—a pioneer in sustainable, responsible, and impact investing—“is a long time signatory to the Chemical Footprint Project because it provides investors with the necessary framework for companies and their investors to measure, manage, and reduce these chemical risks while enhancing quality of life for people and planet” emphasized Holly Testa, Director, Shareowner Engagement at FAFN.
BizNGO, 11 February 2021