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Worldly expands Scope 3 emissions calculator for consumer goods
Yahoo Finance· 2026-02-06 10:32
Core Insights - The platform enables brands and retailers to calculate carbon footprints and Scope 3 emissions using primary data across multiple categories, including sporting goods, apparel, and footwear, to support compliance with global emissions reporting regulations [1][5] Group 1: Product Impact Calculator Features - The Product Impact Calculator allows companies to connect data about materials, suppliers, and finished products within a single system, helping to identify emission concentrations and model decarbonisation scenarios [1][2] - Since its launch, the Product Impact Calculator has been utilized to analyze Scope 3 emissions for over 400,000 products, providing specific calculations at scale that differ from traditional models [2][3] Group 2: Data Integration and Connectivity - The system offers a comprehensive view of materials and finished products in the supply chain, enabling companies to identify where impacts occur and how they accumulate during production [3] - The Product Impact Calculator integrates with Worldly's broader data infrastructure, including the Higg Materials Sustainability Index and other modules, ensuring seamless data transfer from suppliers to final product assessments [4] Group 3: Compliance and Regulatory Support - Newly included footwear models comply with the European Commission's Product Environmental Footprint Category Rules, aiding brands in preparing for regulations like the Corporate Sustainability Reporting Directive and Digital Product Passport [5] - The tool generates scores and labels necessary for compliance with France's Environmental Cost labelling system, supporting various corporate and product-level reporting frameworks [5] Group 4: Strategic Benefits - Worldly's CEO highlighted that the Product Impact Calculator eliminates the uncertainty associated with Scope 3 emissions, allowing brands to achieve both speed and accuracy in their reporting and product design [6]
Deeptech Start-ups Sparxell and Haelixa Secure Multimillion Pre-series A Funding Rounds: Sustainable Scene
Yahoo Finance· 2026-02-04 17:50
PARIS – Investor interest in materials innovation appears to be re‑accelerating. Swiss traceability specialist Haelixa and U.K.-based color tech startup Sparxell have both secured new pre‑series A funding, signaling renewed confidence in next-gen materials and supply‑chain solutions. Elsewhere, Cascale’s Worldly is expanding their Product Impact Calculator to cover more product categories, including sporting goods, furniture and footwear. More from WWD Sparxell Raises $5 Million to Scale Plant-Based Color ...