ABOUT THE BENCHMARK


As we all work to improve our sustainability performance, how can we track our progress? Are our accomplishments ahead of the curve, or are others surpassing us? What can we learn from our peers, and on which areas should we focus? It is questions like these that we hope to address through the Preferred Fiber and Materials (PFM) Benchmark.

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. Companies receive confidential feedback on their results and a position in the PFM Index, enbling them to to compare progress with the sector, and to transparently communicate performance and progress to stakeholders.

ABOUT THE PROGRAM

As we all work to improve our sustainability performance, how can we track our progress? Are our accomplishments ahead of the curve, or are others surpassing us? What can we learn from our peers, and on which areas should we focus? It is questions like these that we hope to address through the Preferred Fiber and Materials (PFM) Benchmark.

The PFM Benchmark 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.

PFM
Benchmark

All benchmark questions & consumption volumes. Feedback report includes index scores, rankings, and a gap analysis.

Consumption Tracker

Alternative, lighter option for companies wishing to report progress towards consumption targets.

rPET
Commitment

Brands commit to increase use of rPET by at least 25% by 2020.
Find out more.

Sustainable Cotton Challenge

Brands commit to sustainably sourcing 100% of their cotton by 2025. Find out more.

2017 PROGRAM FINDINGS

The PFM Benchmark and the SDGs

This report provides insight into the collective progress and impacts of our 2017 benchmarking companies in the context of the Sustainable Development Goals (SDGs).

The SDGs give us all a new language to express our sustainability aspirations, and you’ll see they feature prominently in this report. 2018 is the year in which responsible consumption and production under SDG 12 is being reviewed at the United Nations High Level Political Forum, and the timing of this report is an ideal opportunity to focus on this important theme. We’d like to congratulate all of the companies on their commitment to benchmarking progress and on joining in on our fiber challenges. We look forward to another successful cycle in 2018.

Key Findings

★  Participants are improving their scores.
★  Public disclosure is the future.
★  Companies are setting priority SDGs.
★  The materials mix is as important as the individual fiber.

What Should Companies Do Next?

★  Look to 2030 and use the SDGs to anchor corporate strategy.
★  Position sourcing teams center stage.
★  Know where your fiber and materials come from.
★  Set targets to increase your uptake of PFMs.
★  As you grow, make your growth in PFMs not conventional.
★  In a circular economy, recognize your consumers are suppliers.


“Inditex is committed to a sustainable value chain that protects human rights and respects the environment, which is why our work streams fully align with the Sustainable Development Goals. Aware of the need for a benchmark framework that guarantees transparency and comparability, Inditex is part of the Corporate Action Group for Reporting on the Sustainable Development Goals, jointly organized by the United Nations Global Compact and the Global Reporting Initiative. It is particularly helpful that Textile Exchange is also incorporating the SDGs into their PFM Benchmark.
Felix Poza, Director of Sustainability, Inditex
“Inditex is committed to a sustainable value chain that protects human rights and respects the environment, which is why our work streams fully align with the Sustainable Development Goals. Aware of the need for a benchmark framework that guarantees transparency and comparability, Inditex is part of the Corporate Action Group for Reporting on the Sustainable Development Goals, jointly organized by the United Nations Global Compact and the Global Reporting Initiative. It is particularly helpful that Textile Exchange is also incorporating the SDGs into their PFM Benchmark.”
Felix Poza, Director of Sustainability, Inditex

BENCHMARK FRAMEWORK


Our framework follows a systematic approach to integrating PFMs into business strategy. It is divided into four key areas:

Corporate Strategy looks at how fiber and materials are integrated into your business, and the tools your company uses to guide more sustainable sourcing decisions. It also identifies who holds accountability and responsibility to deliver on fiber and material sustainability.

Supply Chain determines the organizational approach to safeguarding the integrity, responsible growth, and supply security of your preferred fibers and materials. This section looks at voluntary standards, supply chain transparency, and investment.

The Consumption section quantifies the volumes of preferred fibers and materials used by your company and captures year-on-year trends in converting from conventional fibers and materials to preferred options.

Consumer Engagement takes a look at the range of products and markets that your preferred fibers and materials are entering. It covers B2C factors such as product differentiation, customer communication, and company return on investment.

“The PFM Benchmark is a great tool and has helped us develop insights and strategies into areas for improvement. It’s not about being first or being last on the chart, it’s more about learning and moving forward as an industry in a positive manner.”
Manu Rastogi, Textile R&D and Responsible Materials Manager, Kathmandu
“The TE Benchmark is a great tool and has helped us develop insights and strategies into areas for improvement. It’s not about being first or being last on the chart, it’s more about learning and moving forward as an industry in a positive manner.”
Manu Rastogi, Textile R&D and Responsible Materials Manager, Kathmandu

Why Is The PFM Benchmark Important?


It Supports a Company’s Transition From Conventional to Preferred Fibers and Materials

Knowing where raw materials come from is key to assessing supply risks and opportunities.

Science-based data (e.g. LCA) is proving that some of the biggest sustainability impacts of textile production occur during the production and mining of raw materials.

It Demonstrates Commitment to Measuring Progress, Transparency & Disclosure

There is growing pressure from stakeholders to measure both management and progress, and for public disclosure.

 The industry at large is seeking reliable means to credibly and consistently account for and communicate progress.

It Links the Textile Industry to the Sustainable Development Goals

The SDGs are universal (for both developed and developing countries), holistic (people-centered and planet-sensitive), and measurable.

Many companies are adopting the framework of the SDGs to plan a long-term approach to sustainability.

This Program is kindly sponsored by:  Tchibo GmbH. CAF logo 2-01