diff --git a/UNRELEASED-v8.md b/UNRELEASED-v8.md
index afd14a36ea7..1285815f0db 100644
--- a/UNRELEASED-v8.md
+++ b/UNRELEASED-v8.md
@@ -11,6 +11,8 @@ Use [the changelog guidelines](/documentation/Versioning%20and%20changelog.md) t
 - Removed custom and unnecessary font weight properties ([#4687](https://github.com/Shopify/polaris-react/pull/4687))
 - Removed miscellaneous css custom properties ([#4686](https://github.com/Shopify/polaris-react/pull/4686))
 - Removed `skeleton-shimmer` mixin ([#4462](https://github.com/Shopify/polaris-react/pull/4462))
+- Remove `color-multiply` function ([#4714](https://github.com/Shopify/polaris-react/pull/4714))
+- Remove `$color-palette-data` global variable ([#4714](https://github.com/Shopify/polaris-react/pull/4714))
 
 ### New components
 
diff --git a/src/styles/foundation/_colors.scss b/src/styles/foundation/_colors.scss
index 7b7bf87b1d9..ad49d437a21 100644
--- a/src/styles/foundation/_colors.scss
+++ b/src/styles/foundation/_colors.scss
@@ -1,62 +1,3 @@
-// stylelint-disable-next-line scss/partial-no-import
-@import '../polaris-tokens/colors.color-map';
-
-///
-/// Color data
-///
-/// Shopify color palette, extended specifically for polaris-react.
-///
-/// @type map
-$color-palette-data: $polaris-colors;
-
-// Add state colors to the palette
-$color-palette-data: map-extend(
-  $color-palette-data,
-  (
-    'state': (
-      'hover': rgba(223, 227, 232, 0.3),
-      'focused': rgba(223, 227, 232, 0.3),
-      'active': rgba(179, 188, 245, 0.1),
-      'selected': rgba(179, 188, 245, 0.15),
-      'subdued': rgba(249, 250, 251, 1),
-      'disabled': rgba(249, 250, 251, 1),
-      'hover-destructive': rgba(251, 234, 229, 0.4),
-      'focused-destructive': rgba(251, 234, 229, 0.4),
-      'active-destructive': rgba(220, 56, 37, 0.03),
-    ),
-  )
-);
-
-/// Darkens the foreground color by the background color. This is the same as
-/// the "multiply" filter in graphics apps.
-///
-/// @param {Color} $foreground - The color to darken.
-/// @param {Color} $background - The background to base darkening on.
-/// @return {Color} The modified color.
-
-@function color-multiply($foreground, $background: null) {
-  @if $background {
-    $background: rgb(255, 255, 255);
-  }
-
-  $red: red($background) * red($foreground) / 255;
-  $green: green($background) * green($foreground) / 255;
-  $blue: blue($background) * blue($foreground) / 255;
-
-  $opacity: opacity($foreground);
-  $background-opacity: opacity($background);
-
-  // calculate opacity
-  $bm-red: $red * $opacity + red($background) * $background-opacity *
-    (1 - $opacity);
-  $bm-green: $green * $opacity + green($background) * $background-opacity *
-    (1 - $opacity);
-  $bm-blue: $blue * $opacity + blue($background) * $background-opacity *
-    (1 - $opacity);
-
-  @return rgb($bm-red, $bm-green, $bm-blue);
-}
-
 ///
 /// Color palette for Windows high-contrast mode
 /// See https://bit.ly/2vN9aGO