Business Wire

Worldly Launches New Sustainability Data Solution to Bolster Supply Chain Transparency and Regulatory Compliance

Share

Worldly, the leading supply chain sustainability data and insights platform for the consumer goods and apparel industries, today announced the launch of Facility Data Manager (FDM) to help businesses more effectively track ongoing progress towards their decarbonization targets and make decisions that drive environmental improvements faster. As sustainability regulations such as the Corporate Sustainability Reporting Directive (CSRD) emerge globally, FDM helps brands prepare for environmental reporting requirements by providing timely primary data that aligns with regulatory frameworks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240521428850/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

As sustainability regulations such as the Corporate Sustainability Reporting Directive (CSRD) emerge globally, Facility Data Manager helps brands prepare for environmental reporting requirements by providing timely primary data that aligns with regulatory frameworks. (Graphic: Business Wire)

Aligned with Cascale’s industry standard Higg Facility Environmental Module (FEM) — the most comprehensive assessment for environmental performance in the consumer goods industry — Worldly’s new Facility Data Manager enables manufacturing facilities to regularly share key impact data with their brand and retail partners. Brands can access quantitative data on energy, water, waste and other impacts submitted by dozens to thousands of manufacturing facilities, as frequently as monthly. With FDM, brands can see the waste, water and emissions they are uniquely responsible for within a single factory. This addresses a critical industry need for more timely, standardized, high-quality primary data and insights for assessing ongoing risks and opportunities for supply chain improvements and reporting sustainability progress.

"We are pleased to introduce Facility Data Manager as a transformative addition to Worldly’s sustainability solutions," says Scott Raskin, CEO of Worldly. “At Worldly, our goal is to help companies make clear, credible progress against their environmental and labor targets while helping them prepare and comply with important evolving regulatory requirements. This requires more actionable data and deeper collaboration between manufacturers and brands. I’m excited about the improved insights and transparency into performance, targets and progress that Facility Data Manager provides, and the new level of partnership that it enables as companies look to accelerate impact across the supply chain.”

Manufacturing facilities that complete the annual Higg FEM assessment can automatically import monthly data from FDM into Higg FEM, reducing reporting time and avoiding redundancy of work. Additionally, within FDM, facilities can track their own sustainability targets and share progress with their brand and retailer partners, enabling a new level of collaboration and transparency across the complex global supply chain.

"Strong communication with our brand partners is essential to our business,” Cecilia Chan, Chief Commercial Officer of Legend Swimwear Factory Limited, said. “Sustainability innovations like this from Worldly deepen our collaboration with brands and make it much easier for us to not only help them meet their environmental targets, but ours as well."

Facility Data Manager has been developed in alignment with the Higg FEM tool established by Cascale (formerly Sustainable Apparel Coalition) in 2011. As the most widely used standardized measurement framework within the apparel and footwear industry, the Higg Index suite of tools is available exclusively on the Worldly platform and used by 350+ brands and 40,000 facilities around the world for measuring environmental and social impact. Cascale will soon begin to engage its members through a governance process to support FDM’s adoption into the Higg Index.

“We welcome the additional data insights and synergistic opportunities provided by Worldly's Facility Data Manager," said Colin Browne, CEO of Cascale, the global nonprofit alliance empowering collaboration to drive equitable and restorative business practices in the consumer goods industry. "FDM integrates seamlessly with Cascale's Higg Facility Environmental Module to provide a clear and transparent picture of environmental impacts and help our members improve sustainability and align with relevant industry standards. It’s exactly what our industry needs to catalyze impact at scale.”

For more information about Facility Data Manager and Worldly's solutions, please visit worldly.io.

About Worldly

Worldly is the planet’s most comprehensive supply chain sustainability data and insights platform, trusted by 40,000+ major brands, retailers and manufacturers in fashion, outdoor, home goods, toys and more. Worldly uniquely collects high-resolution primary data specific to companies’ value chains, operations and products, providing insight into true impacts across carbon, water, chemistry and labor. Featuring the most comprehensive source of ESG data for global manufacturers and the largest library of materials and product impacts, Worldly empowers businesses to scale responsibility into their global operations, faster and more accurately. Hosting, connecting with, and supporting the leading industry solutions and methodologies including ZDHC, Bluesign and the Higg Index – the most widely-adopted measure of sustainability in the consumer goods industry – Worldly delivers the insights businesses need to reduce their impact, comply with emerging regulatory and financial disclosure requirements and meet the expectations of a new generation of customers. www.worldly.io

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media Contact
WorldlyMedia@finnpartners.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation

Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release

Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private

Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding

Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår

V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release

V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust

Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo

HiddenA line styled icon from Orion Icon Library.Eye