Based on Worldly’s unique ability to gather standardised primary supply chain data at scale, this innovative solution enables apparel and consumer goods companies to quickly get actionable, auditable, and granular Scope 3 measurements of their product lines.
Worldly says that with well over 90% of the apparel and consumer goods sectors’ emissions coming from Scope 3, the Product Impact Calculator comes at a critical time for meeting reduction targets and upcoming reporting requirements.
“Our industry has been striving towards the collection and application of primary data – away from averages, assumptions, or estimates – so we can really improve environmental performance and reduce the industry’s carbon footprint as quickly as possible,” said Alex Lauver, senior director of materials, innovation and sustainability, Outdoor Research. “Worldly has developed a great tool that moves this effort forward at a global scale.”
The organisation explained the Product Impact Calculator enables sustainability teams to automate time-consuming, spreadsheet-based calculations by leveraging Worldly’s technology and in-depth product and materials data.
It empowers them to progressively increase calculation accuracy and actionability by using their own purchase orders, supply chain operations data and product specifications. To further refine each purchase order’s associated emissions, current Worldly customers can easily integrate their primary supply chain data from the Higg Index — the value chain environmental and social impact measurement methodology and suite of tools developed and owned by global nonprofit alliance Cascale (formerly the Sustainable Apparel Coalition) and exclusively available on Worldly. Companies using the Product Impact Calculator for reporting on Scope 3 emissions can have the confidence that they will be audit-ready, since the product’s methodology already has limited assurance from Apex.
Worldly chief product officer Kevin Vranes added: “The Product Impact Calculator gives apparel and consumer goods companies a much-needed foundation for measuring Scope 3 emissions of their product lines. “We have assembled all the ingredients for them to get an accurate reading of their GHG emissions and this tool gives them an easily customisable experience where they do not have to start from scratch, but can use existing primary data from their own supply chain.”
