Thursday, November 7, 2024

Credibl ESG, Green Story unveil one-stop apparel solution in India


The initiative combines Credibl ESG’s advanced ESG data collection, analysis, reporting, and product traceability capabilities 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 their supply chain and product lifecycle from material extraction to disposal.

As businesses face increasing expectations for corporate transparency in ESG reporting and product traceability, the partnership aims to provide tools for businesses to gain deeper insights into their environmental impact while ensuring compliance with global regulations, including stringent European standards.

Through this partnership, Credibl ESG and Green Story hope to offer a combined solution that provides:

  • Comprehensive sustainability insights: The integration of Green Story’s LCA capabilities with Credibl ESG’s analytics offers a detailed view of a company’s sustainability performance

  • AI-powered ESG reporting: Credibl’s platform automates data collection and analysis, reducing data fragmentation and ensuring clear visibility into a company’s ESG performance

  • Product Life Cycle Assessment (LCA): Companies can evaluate, scale and improve their products’ environmental footprints in line with decarbonisation and sustainability goals

  • Responsible impact contributions via 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

  • Standardised reporting frameworks: The solution aligns with recognised reporting frameworks, ensuring consistent and transparent communication with stakeholders

  • Expert guidance and insights: Both companies offer strategic advice and support to assist businesses in developing and implementing sustainability initiatives.

Credibl ESG CEO and co-founder Jitesh Shetty said: “We’re giving businesses a powerful way to ensure that 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 storytelling.”

Katie Shaw of the Open Supply Hub and Sedex’s Clare Fitton revealed why sharing data remains at the heart of sustainability and compliance for the fashion industry while speaking at the Sedex Xplore Sustainability conference in 2023.



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