Preferred Fiber and Materials (PFM) Benchmark
Textile Exchange’s PFM Benchmark Program provides a robust structure to help companies systematically measure, manage and integrate a preferred fiber and materials strategy into mainstream business operations, to compare progress with the sector, and to transparently communicate performance and progress to stakeholders.
Companies follow a self-assessment process intended to help identify the strengths and the gaps where future progress can be made. By comparing section scores with those achieved by the whole sector, companies can plan improvement efforts and prioritize action areas.
Key indicators (inputs, outcomes, and impacts) of the PFM Benchmark are monitored through a Barometer of Progress and align with Sustainable Development Goal 12: Ensuring sustainable consumption and production and Goal 17: Partnerships for the Goals – since the SDGs can only be realized with a strong commitment to global partnership and cooperation.