Drive efficiencies. More effective measurement of sustainability performance will uncover opportunities for operational efficiencies in energy, materials, and water use.
Encourage continuous improvement. Benchmarking facility performance against peers and against a range of beyond-compliance performance will create incentives for positive change in practices and technology.
Reduce supply chain risks. Performance on the index will provide deeper insight into supplier management practices and risk areas for mitigation/capacity building.
Reduce duplicative effort. Collaborating on a single index will reduce ‘assessment fatigue’ in the supply chain and minimize resources spent in measuring and reporting.
Drive innovation. Sharing best practices with other industry leaders, and collaborating on industry-wide projects will accelerate innovation in practices and technology.
Share costs. Pre-competitive collaboration will reduce costs for individual companies in developing the index and related tools.
Drive systemic change. By pooling resources the Coalition can address systemic issues that individual companies can’t address on their own.
Aggregate demand. In a highly fragmented industry, pooling customer demand for improvements will accelerate change.
Ensure credibility and adoption. Collaborating on the development of the apparel index in a broad-based multistakeholder coalition will ensure broad acceptance of the framework.
Influence future regulation. Working together at the forefront of sustainability measurement will help the industry to get out in front of and shape evolving regulation on reporting product impacts.
Capability building. Participating in development and use of cutting-edge measurement tools will build internal and supply chain capability for sustainability innovation.
Brand value. Participation in this leading edge effort will strengthen consumer recognition of sustainability leadership.
Industry recognition. The apparel index will place the industry at the forefront of sustainability leadership and will be a model for other sectors.