Hultafors Group | Manufacturing | Sustainable Sourcing
Adapting to growing sustainability requirements
Hultafors Group uses Worldfavor to collect environmental, social, and governance (ESG) data from their companies and supply chain, allowing them to monitor their climate impact and report in line with global human rights due diligence requirements.
CHALLENGES
Hultafors Group faced legislative changes and new customer demands, prompting the need for a platform to manage data collection and reporting for scope 1, 2, and 3 emissions. Hultafors Group operates worldwide through a decentralized organization, requiring a solution to gather ESG data and manage supply chain transparency efficiently.
Solution
Worldfavor enables Hultafors Group to collect primary data from their business operations and supply chain to monitor their environmental and social impact, offering insight that helps Hultafors Group to improve in all crucial sustainability areas. Moreover, Worldfavor allows Hultafors Group to effectively track data for emission calculations and human rights due diligence reporting.
Results
By choosing Worldfavor, Hultafors Group has experienced significant time savings in data collection, reporting, and analysis, thanks to centralized data management and the easy-to-use interface. The platform's flexibility allows for current needs can be met, while offering scalability for future ESG needs, like changing customer and legislative requirements.
About
Who is Hultafors Group?
Hultafors Group is a global company known for its premium brands, improving functionality, productivity, and safety for construction professionals. With a commitment to innovation and sustainability, they prioritize meeting diverse customer needs through business development, logistics, product design, and marketing.