O'Neill centralizes due diligence data points with Worldfavor
Stockholm - Worldfavor, a global sustainability platform that enables companies to access, manage and share sustainability data, has helped O'Neill to centralize and automate all due diligence data points, using Worldfavor's Sustainable Sourcing and Supply Chain Visibility module.
For O'Neill, a performance sportswear retailer for the active and adventurous consumer, sustainability is a core aspect of the business. The company makes responsible choices in the products that are created, the materials being used and the location and method of production. In addition, the company considers the environmental impact of a product at every step of the supply and production process. However, with 104 factories in 11 different countries, mapping out the due diligence data points is not easy.
Since sustainability and good working conditions are so central to the company, a sustainability platform that provides insight into the conditions in the factories and the impact of production on the climate is essential. The need for an automated and integrated system was very clear for O'Neill.
After searching for the right sustainability platform, O'Neill turned to Worldfavor. Since Worldfavor offers many opportunities to set up sustainability management systems as, the decision to enter into a partnership with Worldfavor was quickly taken for O'Neill. During the summer of 2021, O'Neill started using Worldfavor. Already, 523 products have been mapped and 104 factories have been placed in sustainable sourcing.
Renske Lambert, Global Manager Ocean Mission at O'Neil says: "Worldfavor is part of the commitment we made when we signed the Transparency Pledge. By centralizing and automating all the due diligence data points we need, we can map out more efficient action plans."
The use of Worldfavor gives O'Neill a major expansion of its due diligence activities, which should lead to more responsible corporate policies. Risk and performance analysis in both the social and environmental domains has become broader and better as a result of Worldfavor's support. 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.
O'Neill currently uses the Worldfavor Sustainable Sourcing and Supply Chain Visibility modules. O'Neill will also launch the Sustainable Management module to map all internal processes and get a holistic view of the sustainability of the entire operation. Using Worldfavor, O'Neill now has full visibility of all direct tier 1 suppliers and a direct connection with 70% of its tier 2 suppliers. The company continues to collect relevant data points with Worldfavor and aims to have full visibility of all tier 1 and 2 suppliers by 2025.
For questions, interviews or additional information, please contact: My Morinder , PR, Communications & Event Manager +46 (0) 704-98 14 62