Impact
"Clean Yield believes there is a compelling business case for companies to proactively manage their toxic chemical risk. With the Investor Environmental Health Network (IEHN), we have been engaging with companies on safer chemicals for some time, including Walgreens, Costco, and Tractor Supply. In the last year, Walgreens has committed to rolling out a chemicals policy, Costco has disclosed a new chemicals policy, and Tractor Supply has committed to keeping certain types of pesticides off its shelves."
Safer Products for Everyone, Clean Yield
The Investor Environmental Health Network (IEHN) is a community of investors that engage corporations on implementation of new policies and practices that reduce the financial risks of hazardous chemicals and pesticides in products and supply chains. Members collaborate on strategies and corporate engagements. They have full access to staff expertise, tools, and resources that create value in portfolios and reduce risk.
Our collective work increased awareness on the liabilities and risks associated with the continued use of chemicals of concern, and the market value of green chemistry solutions. This led to increased disclosure and transparency on the use of: 1) petrochemicals and their impact on climate change, plastic pollution, and environmental racism; 2) pesticides that impact biodiversity and human health; and 3) per- and poly-fluoroalkyl substances (PFAS), the “forever chemicals” that contribute to cancer and infertility.
IEHN's approach has secured corporate leadership on chemical management from publicly traded companies that represent every facet of our economy. Walmart is reducing their chemical footprint, Apple is pioneering safer material innovation and Becton Dickenson is providing transparency and disclosure to their chemical management programs.
IEHN advances solutions like the Chemical Footprint Project (CFP). CFP systemically improves the way chemicals are managed by corporations. It is designed as the first common standard to inform investors and companies of the 3 R’s risks (regulatory, redesign and reputation risks) in their portfolios and supply chains.
When you join IEHN as a member and become a signatory of the Chemical Footprint Project, your impact as an investor is magnified by the other investor signatories that represent over $2.8T in AUM (assets under management). CFP Signatories include, Kaiser Permanente, Dignity Health, CVS Health, Walmart, and Vizient (a health care group purchasing organization with contracting power of $100 billion).