The initiative combines Credibl ESG’s advanced ESG data collection, analysis, reporting and product traceability with Green Story’s expertise in Product Life Cycle Assessment (LCA).
Green Story’s LCA capabilities allow companies to measure the environmental footprint of their products, providing actionable insights across the entire supply chain and product lifecycle, from material extraction to disposal.
As companies face increasing expectations for corporate transparency around ESG reporting and product traceability, the partnership aims to provide companies with tools to gain deeper insight into their environmental impact while ensuring compliance with global regulations, including stringent European standards to be guaranteed.
Through this partnership, Credibl ESG and Green Story hope to offer a combined solution that provides:
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Extensive sustainability insights: Integrating Green Story’s LCA capabilities with Credibl ESG analytics provides a detailed view of a company’s sustainability performance
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AI-powered ESG reporting: Credibl’s platform automates data collection and analysis, reduces data fragmentation and provides clear insight into a company’s ESG performance
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Product Life Cycle Analysis (LCA): Companies can evaluate, scale and improve the environmental footprint of their products in line with decarbonization and sustainability goals
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Responsible impact contributions through offsets: Green Story provides access to a vetted marketplace of carbon credits from Verra and Gold Standard, along with access to plastic credits, RECs, iRECs and biodiversity credits
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Standardized reporting frameworks: The solution is consistent with recognized reporting frameworks and ensures consistent and transparent communication with stakeholders
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Expert guidance and insights: Both companies provide strategic advice and support to help companies develop and implement sustainability initiatives.
Credibl ESG CEO and co-founder Jitesh Shetty said: “We provide companies with a powerful way to ensure their sustainability reports are not only compliant, but also backed by rigorous environmental impact assessments. Together we help companies tell a more credible and transparent sustainability story.”
Green Story CEO and co-founder Akhil Sivanandan added: “This partnership with Credibl ESG allows us to offer manufacturers and brands a powerful combination of data-driven insights and sustainability stories.”
Katie Shaw from the Open Supply Hub and Clare Fitton from Sedex revealed why data sharing remains at the heart of sustainability and compliance for the fashion industry, while speaking at the 2023 Sedex Xplore Sustainability conference.
