ACCELERATING THE TRANSITION TO SAFER CHEMISTRY
This blended capital fund is embedding safer chemistry metrics and tools in consumer-facing supply chains to systematically reduce and ultimately eliminate toxic chemical pollution.
The Safer Chemistry Impact (SCI) Fund
A multi-stakeholder initiative created to mobilize global investment for systematically replacing hazardous chemicals with alternatives that are verified to be safer for humans and the environment. The fund will identify, fund, scale, and measure impact solutions to embed safer chemistry across supply chains as the standard operating system.
The four core components of the fund include:
DATA TRUST: COMPREHENSIVE DATA UNDERPINS SAFER CHEMISTRY
As a first step toward accelerating and measuring the transition to safer chemistry, the Safer Chemistry Impact Fund has invested in the Chemical Hazard Data Trust managed by ChemFORWARD, a science-based non-profit organization.
ChemFORWARD has built upon established practices for chemical hazard assessment and has pioneered a digital infrastructure for the creation and maintenance of chemical hazard data, as well as a harmonized chemical rating system to facilitate comparison between hazard-based programs. The Chemical Hazard Data Trust is creating broad access to chemical hazard information that can empower the transition to safer chemistry by making it measurable.
IMPACT PROGRAMS: SAFER CHEMISTRY AS THE STANDARD OPERATING SYSTEM
The Fund will create a docket of programs and projects to activate systems change across supply chains. These will be assembled annually for the release of funds.
The Fund will provide grants or contracts via an RFP process to organizations that have the capacity to address these strategic needs.
RFPs can be found HERE
KNOWLEDGE HUB: INSTILLING HOPE, CULTIVATING AGENCY
We believe in our collective ability to systematically reduce, and one day eliminate, chemical pollution.
The Fund will develop a science-based, data-driven communications strategy tailored to sectors that will serve as an engine to frame the opportunity, instill optimism, and create agency throughout the supply chain.
METRICS: ESSENTIAL TO ACHIEVING OUR MISSION
We are making progress in reducing anthropogenic emissions of greenhouse gasses to the environment because most companies have established clear and measurable goals toward reducing carbon emissions and achieving carbon neutrality. In contrast, however, few have established goals for chemical hazard reduction, even in the face of pending chemical bans or phase-outs, let alone moved toward a goal of safer chemistry that transcends regulatory compliance.
The lack of such goals may be explained by the old adage:
“You can’t manage what you can’t measure.”
