Chemical Footprint Project Releases First Report on Corporate Progress Toward Safer Chemicals
May 19, 2016: Following today’s press release, the Chemical Footprint Project published its inaugural report on corporate chemical use and in doing so, became the first of its kind to publically benchmark corporate chemicals management. The report includes a forward from Matthew W. Patsky, CEO of Trillium Asset Management.
The results will provide valuable insights into how leading companies manage hazardous chemicals in their products and supply chains, and how all companies can look to manage these issues in the future. At Trillium, we believe the common metric offered by Chemical Footprint Project gives investors and companies a meaningful tool for assessing chemical risks.
“You can’t manage what you don’t measure,” said Dr. Mark Rossi, Executive Director of the nonprofit Clean Production Action and one of the project’s founders. “By scoring companies on their overall progress in avoiding Chemicals of High Concern and using safer alternatives, the Chemical Footprint Project fills a critical missing piece in the sustainability mosaic for investors, purchasers, and other stakeholders.”
“As strong supporters of the Chemical Footprint Project, Trillium encourages investors to demand and companies to provide consistent, transparent, data on their use of hazardous chemicals,” says Matthew W. Patsky, CEO and Portfolio Manager at Trillium Asset Management. “Integrating this information into our investment processes will help identify industry leaders and reduce company specific risk in our portfolios.”
For more information: Susan Baker, Trillium Asset Management, firstname.lastname@example.org, (617) 532-6681.
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