Eliminating Toxic Chemicals
We are exposed to chemicals every day – through the soap we use, the makeup we put on our face, and even through the packaging of our food. Green Century is urging companies to phase out dangerous chemicals and use safer alternatives in their products. These changes can reduce health threats to children and adults while also reducing company liabilities as concerns about chemicals grow.
What we are doing:
• Making cosmetics safer. As scientific and consumer concerns about these chemicals grow, companies may face reputational, competitive, and financial risks. To address these risks, Green Century is engaging leading cosmetic producers to follow the lead of Johnson & Johnson*, a major cosmetic manufacturer, which announced that it would phase out selected chemicals from its products globally by 2015.
• Phasing out BPA in product packaging. Bisphenol A (BPA) is an estrogen-mimicking chemical that has been linked to numerous health problems and is used in hard plastics and can linings. Green Century works with companies throughout the BPA supply chain, including packaged food and beverage companies, chemical companies, and retailers, to phase out BPA and encourage all parties to identify safer alternative packaging materials. Green Century also provides testimony in support of rules that would eliminate BPA from baby food containers, drawing on findings from our report “Seeking Safer Packaging”.
Johnson and Johnson was not held by either the Green Century Balanced Fund or Green Century Equity Fund as of March 31st, 2014. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor