The technology company Worldly, one of the world’s leading platforms for sustainability data and analyzes in the consumer goods area based in San Francisco, has launched the new tool World Axion in cooperation with Earthena, a specialist for climate impact. With the help of generative AI, it supports climate and social risks in global supply chains better and faster in order to be able to make sound decisions.
Worldly Axion uses the primary data record from Worldly, which consists of tens of thousands of system reviews in order to provide implementable findings. These help brands and suppliers to anticipate risks, comply with legal deadlines and prioritize measures. For example, Axion helps to identify suppliers that are threatened by water shortages and extreme heat or only slowly introduce renewable energies. Axion can also predict emissions and financial risks based on CO₂ prices, regulations and changing energy sources.
“Conventional sustainability instruments look back. Worldly axion looks ahead,” said Scott Raskin, CEO of Worldly. “We have developed WorldLy Axion in order to not only help companies understand the effects of their supply chain, but also to anticipate where these effects – and opportunities – accelerate. From physical climate risks to emission loads to regulatory changes, Worldly Axion teams helps to act strategically and with confidence.”
Since corporate processes are increasingly disturbed by climate change, geopolitical instability and increasing regulatory requirements, fashion companies are urgently trying to quantify and classify risks while they process data more easily and drive their sustainability goals. Worldly Axion wants to meet this need by combining primary data at the system level with predictive, context -related data about the world. This mixture is intended to give companies unique insights and support them in deciding which sustainability initiatives they should invest in a meaningful way and where they should concentrate their efforts to take risk management.
Worldly was founded in 2019 as a non -profit technology company. The platform for the HIGG Index was originally designed, a number of measuring instruments developed by the global non -profit Allianz Cascale (formerly sustainable Apparel Coalition). Worldly is still an exclusive licensee of this method.