Worldly believes the integration of FFC's social and labour assessments into its social, labour and sustainability data and compliance solutions will position it as the fashion and footwear industry's most comprehensive ESG impact intelligence platform.
Worldly explains FFC's social and labour assessments complement its Higg Facility Social & Labor Module and will provide factories, brands and retailers with a more robust, integrated solution on Worldly’s ESG impact intelligence platform.
FFC builds scalable software that facilitates continuous improvements in social, environmental and security issues. This is said to lead to safer, more humane working conditions for workers in consumer goods production supply chains.
FFC's platform also enables brands to customise social impact assessments for facilities or verifiers and maps this content to both internal and common codes of conduct or standards.
The system generates actionable insights and improvement plans. This enables brands to identify areas for enhancement and track remediation activities efficiently.
Worldly believes that by evolving FFC's non-profit enterprise with extra capital and resources it will be able to better serve the industry and its customers.
Scott Raskin, who was appointed CEO of Worldly last month says: "Companies urgently need primary data to inform their social, labor and sustainability programs. We believe that the work of NGOs, like FFC, will benefit from the capital and technology Worldly can offer, enabling them to scale and deliver impact faster. Having access to that intelligence in one place increases the efficiency and lowers the cost and overhead of administering their Environmental, Social and Governance (ESG) programs. By coming together, we offer the industry’s broadest and deepest primary ESG data solutions.”
Peter Burrows, executive director of FFC, notes the compatibility of the two companies adding: “Worldly has deep roots in the social and labour space within fashion and footwear, and it is acutely aware of how to develop best-in-class assessment technology, collect the primary data and generate the insights from it that our users need to run their social and labour programmes.”
