New CFP Report: Chemical Footprinting Moves to the Mainstream
August 3, 2017 // Boston, MA – Clean Production Action in partnership with the UMass Lowell Center for Sustainable Production and Pure Strategies released the second annual Chemical Footprint Project (CFP) Report. The report gives investors data and findings on the progress companies across a variety of industry sectors are making toward developing environmentally sound chemicals management policies and practices. As signatories of the project, Trillium Asset Management has engaged several portfolio companies requesting their participation in the assessment survey. In addition, Susan Baker, Vice President of Shareholder Advocacy at Trillium and Jeremy Cote, Research Analyst at Trillium serve as members of the project’s steering committee.
This year 24 companies participated – a clear signal that regulatory requirements, customer and investor demands, product recalls, and market opportunities are driving companies to develop and implement comprehensive chemical management programs. Participating companies included:
adidas AG, Alima Pure, Angelica Corporation, Beautycounter, Becton Dickinson and Co, Case Medical, Inc., Construction Specialties, Inc., GOJO Industries, Inc., Herman Miller, Inc., HP Inc., Inpro Corporation, Johnson & Johnson, Kimball Hospitality Inc., Levi Strauss & Co., nora systems, Inc., Radio Flyer, Replenish, Seagate Technology PLC, Sealed Air Corporation, Seventh Generation, Walmart Stores, Inc., and WaterWipes.
“We applaud the participating companies who are leveraging the chemical footprint project to bolster transparency and understand the risks and opportunities in their operations,” said Susan Baker of Trillium Asset Management. “For investors looking for meaningful data on chemical management, this report sets the record straight – companies can measure and take definitive steps to reduce chemicals of high concern and invest in safer alternatives.” Safer chemistry makes good business sense and is vitally important to the health of our communities and economy as a whole. As chemical footprinting continues to move mainstream the CFP can become an increasingly valuable resource for investors.”
A copy of the full Report can be downloaded here: https://www.chemicalfootprint.org/results
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Contact: Caroline White, Communications Manager, cwhite@trilliuminvest.com
Important Disclosure: The information provided in this material should not be considered a recommendation to buy or sell any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. To the extent specific securities are mentioned, they have been selected by the authors on an objective basis to illustrate views expressed in the commentary and do not represent all of the securities purchased, sold or recommended for advisory clients. The information contained herein has been prepared from sources believed reliable but is not guaranteed by us as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is for informational purposes and should not be construed as a research report.
