Mercy Investment Services’ commitment to advocating for healthy persons and communities spans several issues. Chemical pollution, one of the pressing planetary crises, causes significant human health and environmental impacts. Two recently released benchmark reports are aiding Mercy Investments’ engagements with companies in our efforts to build healthy persons and communities.
- The Chemical Footprint Project challenges companies to reduce their chemical footprint by at least 50 percent by 2030 and to strive for zero production and use of chemicals of high concern by 2040. The 6th Chemical Footprint Project Survey assessed participating companies across seven business sectors with more than $1 trillion in annual revenue on progress to transition away from hazardous chemicals. The companies reported chemical footprint reductions of 83.4 million pounds in one year.
- The 2022 ChemScore Report ranks the world’s top 54 chemical producers on their efforts to reduce their chemical footprint and recommends phasing out the production of hazardous chemicals, investing in and marketing safer alternatives and circular solutions, and phasing out persistent chemicals such as PFAS.
Mercy Investment Services will use both reports to guide our engagements with companies on safer chemical management and provide best practice examples of policies and processes for reducing the production and use of hazardous chemicals.