The sustainability and regulatory landscapes for the apparel, footwear, and consumer goods industries are changing dramatically. We’re moving from a period when impact disclosures are voluntary to one of mandatory reporting. 

For instance, compliance with the Corporate Sustainability Reporting Directive (CSRD) will soon be a requirement for many businesses that operate in the European Union. Compared to prior rules on sustainability reporting, CSRD is more complex, comprehensive, and rigorous. 

In the face of these rapidly changing expectations, we’ve heard that many of our customers are not sure where to start — which is why Worldly is currently working on a white paper that analyzes CSRD requirements. This full peer-reviewed document assesses the regulation and maps all 10 of its topical sections to tools and data available on Worldly. 

We’re excited to share a preview that is free for you to download.

Inside this preview guide, you will find: 

• An overview of CSRD and its requirements
• Details on who is impacted by the law
• Summary of how the Higg Index and tools developed by the SAC available on Worldly can support compliance 
• Key takeaways for c-suite leaders at your organization

As you may know, CSRD covers a wide range of sustainability topics — from emissions and water impacts, to biodiversity, circularity, and corporate governance. Under CSRD, businesses will be required to determine which of these topics are material to their business; to set targets for impact improvement for each of those topics; and then to release annual updates on progress across multiple time horizons. Certainly, this will be a major endeavor, particularly for consumer goods brands for whom much of their impact lies in their supply chain. 

At Worldly, we know that primary value chain data that is consistent, comparable, comprehensive, and verifiable will be necessary to justify targets set and demonstrate progress. The SAC’s Higg Index tools, hosted on Worldly, can help businesses with all of this. For instance, the Higg Brand and Retail Module (BRM) offers sector-specific content guidance to support companies in their disclosures, while the Higg Facility Environmental Module (FEM) and Higg Facility Social and Labor Module (FSLM) collect the primary data from manufacturers needed to show progress towards their goals. 

Start preparing your business for CSRD and download the preview guide. 

Ready to learn more? Get in touch with our team to review the full white paper in depth. We’re here to support you as you chart a path forward under these new requirements.