International

Companies improve chemical management, benefit consumers

December 5, 2019

The Chemical Footprint Project recently released its fourth annual survey results. Since the survey’s creation, the returning companies have reported collectively reducing 461 million pounds of chemicals of high concern, the equivalent weight of 628 Boeing 747 airlines. In 2019, participation rose 29% to a total of 31 companies from a variety of business sectors.   Companies that have participated in the survey for multiple years are demonstrating the effectiveness of the Chemical Footprint Project to help drive better chemicals management. The returning companies in the 2019 survey increased their total CFP score from an average of 53% in their first year to 67% this year, with significant improvements made in measuring their chemical footprint and then tracking and reporting chemical footprint reductions. Significantly, 10 companies, including Walmart, disclosed both their CFP survey score and their answers to the survey questions, reaffirming the importance of transparency and accountability.

Mercy Investment Services engages several companies on the issue of safer chemical management, including companies in the retail and food and beverage industry. Many of the companies engaged, including Amazon, Costco, and Lowe’s, have developed safer chemical policies with commitments to phasing out the use of chemicals of concern in key product categories. Mercy Investment Services utilizes tools like the Chemical Footprint Project survey to demonstrate to non-participating companies the material risks from hazardous chemicals and the value of safer chemical management.