Sustainability & Compliance
Due diligence in fashion supply chains will become more and more complex. More data from your supply chain will be required, more transparency needs to be achieved, and more assessments will be expected.
To ensure that everyone keeps the overview and has a clear path towards full compliance and effective sustainability management, we have developed our Corporate Sustainability Due Diligence (CSDD) Framework.
Retraced CSDD Framework
The Retraced framework helps companies to holistically tackle all Corporate Sustainability Due Diligence regulations
01. Set goals
Define what is important to your company’s external stakeholders and how high is the impact on your company’s future success.
02. Explore
Map and trace your supply chain to gain a comprehensive understanding of all stakeholders involved, enhancing your grasp of the flow of goods.
03. Collect
Gather comprehensive supply chain data to empower informed decision-making grounded in factual information.
04. Evaluate
Identify potential risks, pinpoint areas for enhancement, and uncover information gaps.
05. Engage
Establish clear actions to be executed in response to the insights gleaned from the data gathered.
06. Disclose
Share your discoveries and initiatives aimed at enhancing supply chain practices with internal and external stakeholders.
Set Goals
Work with our sustainability experts and success managers to identify your company's most relevant activities and set your sustainability goals.
Explore
Identifying your suppliers provides the foundation of an effective Corporate Sustainability Due Diligence.
- Request, manage and validate proofs and transaction records in your supply chains.
- Explore your suppliers and map your supply chains down to the source of your raw materials.
- Trace and verify your supply chain steps for your products and orders at scale.
Collect
Connecting with your suppliers and efficiently collecting data provides transparency for taking effective decisions towards more sustainable supply chains.
- Digitalize your communication with your suppliers for all sustainability and compliance information.
- Manage and overview audits, certificates and documents of your suppliers and products on one platform.
- Automate your communication processes with your suppliers through reminder and notification systems.
Evaluate
Automatically assessing the collected data helps to determine and prioritize risks along your supply chains.
- Monitor your global risk for 22 different social and environmental risk classifications based on numerous indices (ITUC, GRI, GSI, etc.).
- Automatically digest your collected information through risk rules and receive a comprehensive risk profile overview for each supplier in your network.
- Understand and prioritize your biggest risks along your supply chain to be ready to take effective actions.
Engage
Making decisions and taking actions positively transforms your supply chains and underlines your effort for sustainable change.
- Create, overview and manage your corrective and preventive actions derived from our audits or risk assessment.
- Collaborate with your supply chain partners to efficiently work on your corrective and preventive actions.
- Prove your sustainability efforts and responsibility to business partners and regulators.
Disclose
Sharing your sustainability efforts with your stakeholders to create transparency and prove your sustainability efforts.
- Communicate your supply chain and sustainability efforts to your clients via QR-Codes.
- Report your compliance to relevant stakeholders (NGOs, government, or clients) and minimize your compliance risks.
- Build trust among clients through your commitment and impact to increase the value of your supply chain and final garments.
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