Worldfavor for TRANSPARENCY
Easily share your ESG data
Worldfavor Transparency is the easiest way to promote your sustainability to business stakeholders from one place. Forget tedious reporting in spreadsheets. Reach customers, investors, and more with relevant ESG information in a comparable format – just the way they want it. Join by invitation or sign up today to start promoting your sustainability efforts.
HOW IT WORKS
Promoting your sustainability practices - the easy way
Join the network
Join the network by invitation or proactively promote your sustainability – free of charge. Easliy create your Transparency Profile by sharing your ESG information based on our Sustainability data framework that covers most stakeholders' universal ESG information needs, sustainability frameworks, and regulations.
New to sustainability? No worries. Our dynamic framework is developed to guide any company on what information to share and how to promote its sustainability practices. Let's get started!
SHARE YOUR ESG INFORMATION
Publish your profile
Publish your Transparency profile and it's ready for your stakeholders to access within the Worldfavor network. Easliy reach multiple stakeholders from one place with just a click and reduce your reporting fatigue (we know the pain). Of course, you will always see what company is subscribing to your ESG information.
GAIN INSIGHTS AND BENCHMARK YOUR WORK
Promote your sustainability practices
Proactively promote your sustainability by inviting your customers, investors, and other stakeholders to join the network and subscribe to your Transparency profile for free. As the number of companies similar to yours grows within the Worldfavor network, you can access benchmark statistics to compare and inspire your progress.
Sustainability doesn't work without transparency
We are committed to making sustainable business mainstream – empower organizations globally to access and share standardized and comparable ESG information, benchmark their work and gain the insights they need to make fully informed decisions. Worldfavor Transparency is supported by a movement of sustainability leaders promoting and accelerating transparency and sustainability.
The Transparency Initiative is a unique partnership for change using the power of many. Enabled by cutting-edge technology.
Supported by leading actors
Join them now.
“We are convinced that sustainability doesn't work without transparency, and that’s why we are proud to introduce Worldfavor Transparency solution to the world. We are committed to making sustainable business mainstream and to empower organizations globally to access and share standardized ESG data, benchmark their work and gain the insights they need to make fully informed decisions.”
ANDREAS LILJENDAHL, CEO & CO-FOUNDER, WORLDFAVOR
“Oatly communicates openly and strives to be a transparent company because we want consumers to make informed and conscious choices and to have confidence in us and our products. We also emphasize transparency within the food industry. Worldfavor Transparency solution will make our sustainability data even easier to access. Transparency is a driving force for sustainability!”
Annika Hansson, Sustainability Reporting Senior Manager, Oatly
“All companies, regardless of size and industry, are facing increased demand for ESG-transparency from customers, financial providers, and regulators. It’s in our common interest to speed up the transformation towards a more sustainable society.”
Roger Josefsson, Head of Sustainability at Danske Bank Sweden
“The Transparency Initiative brings us one step further towards an important end goal – comparable and easily accessible ESG data. The number of suppliers, partners, and customers we are evaluating based on ESG data is growing – a trend we also see in our industry. Using the Transparency solution, companies can share fundamental ESG data with their stakeholders once. Thereby, they may avoid receiving time-consuming and re-occurring information requests from multiple B2B relations.”
Katrin Madita Eickers, Program Manager – Sustainable Procurement, Tryg
“We support the Transparency Initiative to encourage and empower sustainable business – across various industries and businesses of all sizes.”
Linda Mannerby, Sustainability Director, Grant Thornton
This is where you’ll find the answers to the most frequently asked questions about Worldfavor Transparency. Can’t find the answer to your question here? Please write to us in our chat or fill out the form here and we’ll get back to you!
How do I get started with Worldfavor Transparency?
You can sign up by adding your contact information here. Once your account has been approved you can start filling out the questionnaires and publish your Transparency profile.
Does it cost to use Worldfavor Transparency?
No. Using Worldfavor Transparency to share your ESG-information is completely free of charge! What’s more, by being transparent and sharing your sustainability information you will be awarded with access to Worldfavor’s Sustainable Sourcing Start solution. It allows you to follow suppliers and other companies of interest and access their sustainability information. Of course also for free!
What type of ESG information is shared through my Transparency profile?
In your Transparency profile your company can share information about environmental, social and governance topics (ESG). You will be asked to share information only about the areas you have defined that you work with. Worldfavor’s Sustainability Data framework is developed for processing data which companies today are expected to report on and be public about.
Do I have to complete the entire profile to share my company’s information with others?
No, you only need to complete the first part, the Sustainability Approach, which covers general information about your company’s sustainability work. This section will also control what follow-up questions you will receive later on. You can always monitor how far you’ve come and which steps you have left to complete.
We haven’t come that far on our sustainability journey. Can we still create a Transparency profile?
Yes! The Worldfavor Transparency profile adapts to your current state and maturity to create questionnaires adapted to your company specifically. The questions are designed for complete transparency; maybe you work with a certain area, but haven’t got everything in place yet. You can disclose that to show that you have started working on that area. For companies in the beginning of their sustainability journey this is an excellent way to get guidance in demands from different stakeholders and what to include in the different ESG topics.
How do I access another company’s profile?
By being transparent and sharing your ESG information, you are rewarded with access to Sustainable Sourcing Start, where you can follow up and gain access to other companies' Transparency profiles free of charge and access their ESG information.
I need support to get started, how do I get it?
When logging in for the first time, you get a guided tour of the platform in a video and with pop-ups that show you how to get started. You can always go back to the video whenever you want.
The support chat: Our knowledgeable support answers your questions directly through the chat, which is available to you when you are logged in to the platform.
The help center: The help center can be accessed through the chat function when logged in. It gives you access to guides and articles on how to create your Transparency profile, general guidance to the solution and other tips & tricks.