Newsletter: February 9, 2023

UBS Asset Management signs on to CFP & joins IEHN, Dollar General signs on to CFP, & more

Dear reader,

In my new role as DEI & Communications Lead, I am excited to share the latest in Clean Production Action updates:

• We welcome UBS  Asset Management as both a CFP Signatory and IEHN Member
• We also welcome Dollar General Corporation as CFP Signatory
• Watch our CFP 6th Annual Report Webinar that features presentations by Roberto Bertin of Walmart, Jennifer Reece of HP, Caroline Boden of Mercy Investment Services, and our Executive Director – Mark S. Rossi
• See presentations from BizNGO 2022, including Astrid Williams of Black Women for Wellness, Susan Baker of Trillium Asset Management, and Larisa Ruoff of The Sustainability Group at Loring, Wolcott & Coolidge
• Our Program Manager for CFP and Director of IEHN presented at UN meeting in preparation for 5th International Conference on Chemicals Management

We welcome UBS  Asset Management as a CFP Signatory and IEHN Member

Clean Production Action welcomes UBS Asset Management, a global financial leader with $979 USD billion in assets under management, as a new signatory to the Chemical Footprint Project (CFP) and member of the Investor Environmental Health Network (IEHN).  CFP Signatories encourage companies in their sphere of influence to participate in the CFP and learn how to reduce their chemical footprint (https://www.chemicalfootprint.org/value/cfp-signatories).
 
“We are pleased to join the Chemical Footprint Project and contribute to achieving sustainable outcomes through engagement.” stated Lucy Thomas, Head of Sustainable Investing and Impact at UBS Asset Management. “UBS Asset Management is committed to sustainable outcomes without compromise. “
 
The use of hazardous chemicals in the economy is reaching a tipping point, posing global threats to the health of people and the world’s biodiversity. As chemical regulation and market demands for safer chemicals increase, investors require clear, comparable information to assess company strategies for evaluating progress toward the use of safer chemicals, and away from chemicals of high concern.

We also welcome Dollar General Corporation as a new CFP Signatory

We welcome Dollar General Corporation as the eighth retailer to become a CFP signatory. In addition, Dollar General has been in conversation with Clean Production Action and other environmental groups, including Coming Clean and the Campaign for Healthier Solutions, to set chemical footprint reduction goals. Retailers who are CFP Signatories engage their suppliers in participating in the CFP Survey. Other retailer CFP Signatories are: CVS Health, Dollar Tree, Rite Aid, Staples, Target, Walmart, and Whole Foods Market.

Watch our CFP 6th Annual Report Webinar that features presentations by Roberto Bertin of Walmart, Jennifer Reece of HP, Caroline Boden of Mercy Investment Services, and our Executive Director – Mark S. Rossi

Our recent webinar on the 6th Chemical Footprint Project (CFP) report covered:

• CFP 6th Annual Report: key findings and next steps
• Chemical footprint reduction goals: the value of setting quantitative chemical footprint reduction goals
• Chemical footprint transparency: what investors want to see from companies around chemical footprint  reporting
• CFP Survey: how companies and investors utilize the Survey

See the slide deck and hear from our speakers.

See presentations from BizNGO 2022, including Astrid Williams of Black Women for Wellness, Susan Baker of Trillium Asset Management, and Larisa Ruoff of The Sustainability Group at Loring, Wolcott & Coolidge

BizNGO was back in person in Boston for 2022. We partnered with Center for Environmental Health on our 2022 event, which featured deep dive discussions into environmental justice, alternatives assessment, PFAS testing and regulations, chemical footprint reduction goals, and chemicals management key performance indicators (KPIs). See the agenda and presentations. (Click on speaker names to see thier slides).

Our Program Manager for CFP and Director of IEHN presented at UN meeting in preparation for 5th International Conference on Chemicals Management

Angela Pinilla (CFP) and Alexandra McPherson (IEHN) presented the business and investor case for setting reduction targets for chemical footprints, eliminating highly hazardous pesticides, and driving safer chemical use in the global economy at a UN stakeholder meeting in Paris, France, on chemicals management. Since the 2020 target of minimizing the adverse impacts of chemicals, pesticides, and waste set in the Strategic Approach to International Chemicals Management (SAICM) was not met, the UN is convening a series of meetings in the run-up to crafting a new agreement at the 5th International Conference on Chemicals Management in Bonn, Germany (September 2023).

Sincerely,

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Kayla Williams