How leading brands are turning to technology to build efficient and sustainable business models
Validify, a vendor management platform that gives consumer brands the tools to source, evaluate and manage the procurement of technology solutions has dropped their report on technology-led sustainability in retail. In the report, Worldfavor is mentioned together with our customer O’Neill.
The report,Technology-Led Sustainability in Retail, explores how leading brands are turning to technology to build efficient and sustainable business models, showcase their green credentials and appeal to ethical buyers. The report takes a look at the driving forces behind the shift to more sustainability in retail and the innovative technologies being implemented by leading brands to build a more sustainable future.
Read more about Worldfavor and O'Neill below:
For O'Neill, a performance sportswear retailer with 104 factories in 11 different countries, mapping out the due diligence data points is not easy. After searching for the right sustainability platform, O'Neill turned to Worldfavor.
Worldfavor gives O'Neill a major expansion of its due diligence activities, leading to more responsible corporate policies. Risk and performance analysis in both the social and environmental domains has become broader and better. Mutual trust and partnership are key to achieving improvements in the workplace. Through the Worldfavor modules and questionnaires, O'Neill centralizes data from and for manufacturers in order to communicate more efficiently.
Since 2021, 523 products have been mapped and 104 factories have been placed in sustainable sourcing. They continue to collect relevant data points and aim to have full visibility of all tier 1 and 2 suppliers by 2025.
Read morehereon how Worldfavor is helping O’Neill with their sustainability journey.