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The platform digitalises a company's whole supply chain to provide real-time insights
Spotted: The fashion industry has received criticism for its lack of environmental credentials, with the sector accounting for 10 per cent of the world’s annual carbon emissions. Reducing a company’s carbon footprint requires a variety of processes, and with suppliers based around the globe, results can be challenging to track. Add in the fast pace of change related to the annual number of fashion industry collections and their different fabrics and treatments, and the data required to oversee such complexities is of a sizeable volume.
Sustainable Brand Platform has created a solution specifically to bring multiple datasets from suppliers, including company carbon footprint information, together in one place. The platform is easy to understand and navigate, allowing teams to track everything from indirect emissions and compliance with international sustainability standards, to a product’s full life cycle assessment. Information can be added at any time, and goals changed as targets are met or modified.
The platform provides a company with an overarching, single Eco score as a starting point. The score is a qualitative measurement of ESG (Environmental, Social and Governance) performances. With that, management teams can identify hot spots needing immediate attention, and see which areas in the business are doing particularly well in maintaining or growing environmentally healthy practices.
With all metrics brought together, brands can monitor suppliers and processes, and compare across the business. Additionally, the platform provides measurements of potential options, allowing teams to input alternative fabrics, manufacturers, and more to see how different decisions affect the company’s overall sustainability scores.
The complexities of fashion also make it exciting, and the innovations Springwise spots in this industry are many and varied. Recently, a website plugin was introduced that uses AI (Artificial Intelligence) to help reduce customer returns, as well as a sugar-based, chemical-free, biosynthetic indigo dye that is now available for denim.
Written By: Keely Khoury