Innovation Offers

Worldfavor

Worldfavor
Sweden
Solution Type: Ready Product/ Solution
Collaboration: Business Collaboration (Joint Venture), Others
Worldfavor

1. Technology overview

Worldfavor enables organizations worldwide to access, share, and leverage ESG data across global value chains. Through the platform, the Worldfavor network, businesses collaborate with suppliers to identify and mitigate risks, thereby securing sustainable growth.

With over 30,000 organizations in 130 countries and trusted by leading companies, including several Fortune 500 companies such as Nudie Jeans, Hultafors Group, Oatly, Systembolaget, O’Neill, Vinmonopolet, Troax, Fagerhult, and Medicover, Worldfavor fuels action and supply chain resilience.

Founded in 2016, Worldfavor’s mission is to make sustainable business mainstream, connecting passionate people with a shared vision of creating a world where people, planet, and economy thrive together.

2. Highlighted features & specifications

Sustainability Management and Reporting Platform: A platform for companies to monitor and report on environmental, social, and governance (ESG) metrics, including SFDR, CSRD, ESRS, and HRDD compliance.

Scope 1, 2, and 3 Emissions Tracking: Tools for measuring and reducing a company's climate impact across all emission scopes towards achieving net zero.

Sustainable Sourcing: A service for gaining visibility into supply chain tiers, conducting product mapping, and identifying risks to improve sustainability.

Automated Data Collection: Digitizes the process of collecting sustainability data across an organization, eliminating manual entry and enhancing data accuracy.

Actionable Insights: Provides dashboards for tracking and comparing sustainability performance, offering clear insights for informed decision-making.

Seamless Collaboration: Facilitates teamwork by centralizing data access on a single platform, simplifying the reporting process for all users.

Worldfavor

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TechFest VietnamIOM – UN MigrationGIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)APED – Cục Phát triển doanh nghiệp tư nhân và kinh tế tập thểSIHUB – Startup and Innovation Hub of Ho Chi Minh CityHợp tác Đức (Deutsche Zusammenarbeit)SCE & Investment PromotionStartup Vietnam Foundation (SVF)National Startup Support Center (NSSC)01BoosterQuest VenturesBộ Tài chính (Ministry of Finance)ITPC – HCMC Investment and Trade Promotion CentreJICA – Japan International Cooperation AgencyNational Innovation Center (NIC)UK GovernmentBCG – Boston Consulting GroupHAWEEHeineken VietnamTalentnetMB BankVIREA – Liên chi hội Bất động sản Công nghiệp Việt NamJobTestGlobal Supply Chain Support Fund / Aavishkaar CapitalKDANPSE / JPS – Phúc Sang MinhG-AsiaPacificBlueScopeLPBankUlsan Center for Creative Economy & InnovationĐại học Bách khoa Hà Nội – Trường Điện - Điện tửVINK – Vietnam Innovation Network in KoreaTencent WeStart (Shenzhen)Ulsan CollegeK-StartupFaslinkShinhan Future's LabShinhan SecuritiesShinhan FinanceShinhan BankShinhan Life

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