Seeking Safer Packaging: Ranking Packaged Food Companies on BPA
Executive Summary
Bisphenol A (BPA) is a chemical used in the epoxy lining of canned
foods and beverages and in polycarbonate, a hard, clear plastic. The
chemical mimics estrogen in the body and researchers have found links
between BPA and numerous health problems including heart disease,
diabetes, cancer and metabolic disorders.
A recent study by the Centers for Disease Control and Prevention found BPA in the urine of over 90% of Americans tested.
Seeking
Safer Packaging: a project of Green Century Capital Management, Inc.
(Green Century) and As You Sow sent letters to 20 companies in the
packaged food industry to identify the actions the companies are taking
to address concerns regarding BPA. Fourteen companies replied. Seeking
Safer Packaging grades those companies based entirely on their
responses to these letters.
Investors found that all but four had failed to develop safer alternatives, and only one company had begun using a substitute.
Main findings include:
- All companies surveyed use BPA and are taking insufficient steps to move toward alternatives.
- Hain Celestial, Heinz, and Nestle received the top scores because
all three companies are involved in researching and testing of
alternatives to BPA and all have plans to phase out the chemical in
some products.
- Heinz stands out as a leader as it is the only company surveyed
that is currently using an alternative to BPA in some of its can
linings.
- Three of the companies that responded to our questions, Del Monte,
Hershey, and J.M. Smucker, are not taking action beyond monitoring the
industry to identify or implement alternatives to BPA as a packaging
material.
Seeking Safer Packaging includes a scorecard which reviews
how leading packaged food companies are responding to increased
consumer and investor concern about BPA and ranks companies on three
factors: 1) efforts to find and implement alternatives to BPA, 2) plans
to phase out BPA in products for which alternatives exist, and 3)
transparency on the issue.
Consumers are paying close attention
to BPA and many are advocating for the use of alternatives. State and
local governments have moved to ban the chemical from certain products,
and federal legislators have introduced bills to regulate or ban BPA.
Alternatives to the chemical exist for plastic products and, on a more
limited basis, for can linings.
The baby bottle industry and
packaged food companies such as Eden Foods and Heinz have already begun
transitioning to these alternatives. The continued use of BPA in
products where a feasible alternative exists presents both financial
and reputational risks to companies in the packaged food industry.
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