Worldfavor

As we wrap up this past year, we just want to take a moment to say a HUGE thank you all our awesome customers, colleagues, and partners 🌟 Happy holidays from us to you! 🎄🎆

🎁 Unwrap the best of 2024 – dive into Worldfavor’s most read and viewed! ✨ As we bid farewell to 2024, and to help you gear up for an even brighter 2025, we compiled the top resources that made a difference this year – from actionable guides to insightful blogs and can’t-miss webinars. Unbox the treasure trove of 2024! 👇 #YearInReview #Worldfavor

Åpenhetsloven (ÅL) 🇳🇴 up for review! Norway's Transparency Act, Åpenhetloven is currently being reviewed: https://lnkd.in/dkW9Znr8 🌬 We compiled the latest buzz for you 👇 Connect with us if you’re eager to learn the nitty-gritty! #NorwegianTransparencyAct #Åpenhetsloven #ESGDueDiligence

What do our customers say about us on G2 (Pt2)? 🌐 Don’t just take our word for it – swipe through to see what it’s like to work with Worldfavor and our platform, straight from those who use it every day. 👇 #SupplyChainDueDiligence #Worldfavor # CustomerTestimonials

🌍 How far should your due diligence go? Supply chains, value chains, and the EU's 'chain of activities' — do you know the difference? These terms are shaping the future of sustainability regulations, but they often feel like a puzzle. Our latest blog unpacks these key concepts and shows how understanding them can streamline your compliance efforts and set you up for responsible business success. 🔍 Get clarity — master due diligence & ace your responsible business conduct: https://lnkd.in/dxWi52_f #SupplyChain #ValueChain #CSDDD #ResponsibleBusinessConduct

Ease supply chain resilience with Worldfavor 1️⃣ Spot risks in your supply chain with automated risk screening 2️⃣ Engage and empower your suppliers with built-in sustainability knowledge, guidance and templates 3️⃣ Ace supply chain due diligence and pave the path to compliance 🌏 Join a worldwide network of 30.000+ companies today: https://lnkd.in/ddTSXZqH

Why customers signed with us in 2024? Hear directly from them - customers like Vinmonopolet, Meko, Amet & Partners, Djerf Avenue and Promenaden Management. Take a swipe to find out 👇 #SupplyChainTransparency #DueDiligence #CustomerTestimonials

10 December 2024 - Universal Declaration on Human Rights’ 76th birthday 🫶   I wanted to reflect on the subject that is closest to my heart – the nexus between business and human rights   When I started researching the topic in 2003 with Salil Tripathi and had dialogues with Shell in Nigeria on the devastating environmental damage caused by oil spills which affected peoples’ right to health the company frowned upon questions on their adverse impact on human rights.     Since 2011 we have the UN Guiding Principles for Business and Human Rights (#UNGPs), today widely regarded as the authoritative guidelines for companies’ respect for human rights. It refers to the #UDHR as one of the core human rights instruments. Making respect for human rights operative for businesses it requires companies to identify, prevent, mitigate and account for adverse impacts on human rights. The OECD has developed their 6-step interpretation (OECD Guidelines) of the UNGPs and those are very much relied upon by companies for policies and practices. These two have made waves in the business community.     Policy commitment is the first step to implement the UNGPs and the OECD guidelines. A recent review by the World Benchmarking Alliance identifies a positive trend in companies' committment to the UNGPs or the OECD Guidelines for Multinational Enterprises in policies as that has increased by 18% to 44% of all companies assessed since the first review in 2017.     In terms of hardlaw that cements businesses’ respect for human rights we have national legislation in France, Germany and Norway that incorporates requirements for businesses to conduct human rights due diligence (HRDD). Soon we will have 27 in Europe.   In 2024 we saw a monumental change with the adoption of the EU's the Corporate Sustainability Due Diligence directive (#CSDDD). This gamechanger legislation puts the EU in the driver’s seat for increased respect for human rights and the environment. From 2027 onwards some 5600 in-scope companies need to comply and enhance its work on the respect for human rights. And tens of thousands of companies will also need to do so as they will be asked how they respect human rights and mitigate adverse impact as suppliers to those 5600.     I see two positive trends here: the respect for human rights is becoming mandatory through legislation, and the topic is broadened with topics such as living wage, living income, and just transition.    We see an increased demand for how to conduct HRDD, and the demand will increase exponentially as we get closer to 2027. So we have heaps of work in front of us. Especially as the goal of the CSDDD is not to have perfect value chains, or chains of activities, from the start but rather set processes in motion for a successive improvement over time by using risk-based due diligence.    How is your company doing on the HRDD journey? What is most difficult? Reach out to Worldfavor if you want to know how our platform can ease your work.

Sustainability reporting season is on 🔥 Sustainability reporting season is upon us, and with it comes a whirlwind of ESG data requests while navigating the ever-changing ESG landscape. With so much going on, a little guidance can make all the difference! Get all the information, tips, and tricks you need to get ahead of the game with our reporting playbook: ✨ Key challenges and opportunities in this year’s reporting ✨ A clear guide to global ESG due diligence regulations ✨ An ESG development timeline ✨ Practical tips to improve your reporting strategy ✨ Expert interview: Worldfavor’s Head of Sustainability sharing expert insights ✨ Exclusive interview: Fagerhult Group on their award-winning report Psst! Fagerhult Group, a top European lighting manufacturer, took bold steps in 2019 by making sustainability their core focus. Fast forward to 2022, they earned the award for the year’s best sustainability report! 📖 Download the playbook and read the full story: https://lnkd.in/dPt3awzj #SustainabilityReporting #ESGStrategy #ResponsibleBusiness

🚨 The EU is taking yeat another stand against forced labor! The Council has adopted a ban on products made with forced labor, marking a huge step towards fair and ethical trade. This regulation targets both state-sponsored forced labor and forced child labor, making sure that products entering the EU market uphold human rights. Take a sneak peak of the details 👇 #ResponsibleBusiness #HumanRights #SupplyChainTransparency