Chemical Footprint Project Welcomes $2.1 trillion and more in support!
- Transatlantic partnership attracts over $2.1 trillion in support
- Health care Signatories bring $70 billion in purchasing power to Chemical Footprint Project
- November 30, 2015: deadline for Responders’ participation
Transatlantic Partnership attracts $2.1 trillion in support!
Clean Production Action (CPA) and the Investor Environmental Health Network (IEHN) are excited to announce a new transatlantic partnership with ChemSec – the International Chemical Secretariat based in Sweden. Together we are working with investors to drive demand for safer alternatives to toxic chemicals in products through the Chemical Footprint Project.
IEHN and ChemSec are the catalysts for 37 investors with $2.1 trillion in assets under management becoming Signatories to the Chemical Footprint Project. Investors from across the globe are now Signatories to the Chemical Footprint Project. Legal and General Investment Management recently joined BNP Paribas IP, Aviva Investors, WHEB Asset Management, Calvert Investments, and Australian Ethical Investment as Signatories to the Project.
The Chemical Footprint Project provides the first-ever common metric for benchmarking companies’ management and use of chemicals, including how they respond to the increasing market demand for safer products. By providing a common set of questions and evaluation criteria, the Chemical Footprint Project establishes a standardized system of measurement critical to facilitating meaningful comparisons. The results provide a barometer of how well companies manage chemical risks – identifying best in class performers– making it easier for investors to identify leading companies. Like carbon footprinting, chemical footprinting can apply to any business sector. What does this mean for socially responsible investors? Simply put, more data = better investment decisions.
Investor signatories to the Chemical Footprint Project are asking companies in their portfolios to report on their chemical footprint. We are confident that our new partnership with ChemSec will lead to more companies participating in the Chemical Footprint Project across the globe. We invite additional asset owners and managers to Become a Signatory today.
Health Care Signatories bring over $70 billion in Purchasing Power to Chemical Footprint Project
Led by an initiative of Premier, Inc., Anne Arundel Medical Group, Edward-Elmhurst Healthcare, and Inova Health Systems are the latest Signatories. They join Advocate Health Care, Dignity Health, Hackensack University Medical Center, Kaiser Permanente, and Trinity Health as health care Signatories. We welcome more health care organizations to join as Signatories.
NOVEMBER 30, 2015: DEADLINE for Responders’ Participation
The Assessment Tool is open for Responders to use until November 30, 2015. If you want to participate in chemical footprinting for 2015, now is the time to go online, register, and get started. For details contact us at firstname.lastname@example.org.