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Sign upProduct Sustainability Footprint
Supply chain traceability and transparency in fashion, food and pharma
- About Company
Product Sustainability Footprint
Supply chain traceability and transparency in fashion, food and pharma
Label Date
February 3, 2021
By
TrusTrace
From
Sweden
Maturity stage
TRL 9 / CRI 5-6 - Market competition driving widespread deployment &/"Bankable" grade asset class
TrusTrace helps Consumer (Fashion, Food and Pharma) Brands and Retailers to discover and tell the complete story of the product, right from the source of each of the ingredient to the final product. On top of detailed traceability information, TrusTrace helps consumers brands and retailers collect and validate various environmental, social and ethical data points from thousands of their production and logistics locations across the globe. TrusTrace is a one-stop platform for 100% product traceability where Brands and Retailers can discover the complete "product journey" and calculate a holistic Product Sustainability Footprint across 10 parameters (Water, Climate, Biodiversity, Working Condition, Animal Welfare, Legality, Chemicals, Eutrophication and Soil Erosion). TrusTrace is a deep-tech platform which uses AI, Blockchain and BOTS to reduce manual effort by 80% and using our validation algorithms, we increase the confidence in the data by 60%.
The Environmental Benefits
- •Provide a holistic approach to Sustainability covering 10 different parameters including Water, Climate, Biodiversity, Working Condition, Animal Welfare, Legality, Chemicals, Eutrophication and Soil Erosion
- •Enhance brand perception and product perception by 60% by presenting Product Sustainability Footprint to consumers
- •Reduce effort required for supply chain traceability, transparency and sustainability by 80%, thanks to AI, Blockchain and BOTS
- •Reduce chemical and pesticide usage in the supply chain by 70% from current levels and help reducing water pollution significantly
- •Transition to Climate Positive supply chain in 12 months & increase the number of climate positive products by 60-70% in 12 months
- •Improve biodiversity across the supply chain significantly
The Financial Benefits
- •Enhance the Brand Equity and Product Perception in the minds of customers by at least 50%
- •Help Profit Leaders to become Sustainable Brands thereby increasing their Enterprise Value by 50%
- •Improve profitability of Sustainable Brands by 30%
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Company Profile
TrusTrace
An impact tech company, offering a market-leading platform for supply chain transparency and product traceability
Headquarters
111 57 Stockholm, Sweden
Type
Company
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator TrusTrace has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.