Logo of Worldfavor

Worldfavor

Website LinkedIn

Last updated on

Company health

Employee growth
15% decrease in the last year
Web traffic
15% increase in the last quarter
Financing
May 2022 - $15M

Ratings

G2
5.0/5
(5)
Glassdoor
4.3/5
(16)

Worldfavor description

Worldfavor is a software platform designed to help businesses of all sizes manage and improve their sustainability performance. It offers tools to collect, track, and analyze data related to environmental, social, and governance (ESG) factors. Worldfavor's focus is on supply chain transparency, helping companies gain insights into their suppliers' sustainability practices. The platform stands out for its collaborative approach, enabling businesses to engage with their suppliers and drive positive change throughout their value chains. Worldfavor promises to simplify sustainability reporting and help companies meet regulatory requirements, such as the Corporate Sustainability Reporting Directive (CSRD).


Who is Worldfavor best for

Worldfavor helps businesses of all sizes manage and improve sustainability performance, especially those with complex supply chains. They offer tools to collect, track, and analyze ESG data, focusing on supply chain transparency and collaboration. Worldfavor simplifies sustainability reporting and helps companies meet regulatory requirements like the CSRD.

  • Best fit for medium to large businesses (101+ employees) seeking to enhance sustainability practices.

  • Suitable for businesses across all industries focused on improving ESG performance and supply chain transparency.


Worldfavor features

Supported

Worldfavor enables comprehensive collection, tracking, and analysis of environmental, social, and governance (ESG) data, streamlining sustainability management.

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The platform facilitates transparency by offering insights into the sustainability practices of suppliers within a company's value chain.

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Worldfavor fosters collaboration by enabling businesses to engage directly with their suppliers and drive positive change throughout their value chains.

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The platform streamlines the process of generating sustainability reports and helps companies meet regulatory demands, such as the Corporate Sustainability Reporting Directive (CSRD).

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Worldfavor provides resources and tools to assist companies in complying with relevant regulations and frameworks, including CSDDD, CSRD, Åpenhetsloven, SFDR, and others related to human rights due diligence and sustainable finance.

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The platform enables companies to create sustainability profiles and share relevant ESG data, promoting transparency and facilitating engagement with stakeholders.

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Provides resources and insights for investors seeking to incorporate ESG factors into their decision-making processes and monitor the sustainability performance of their investments.


Worldfavor pricing

See the Worldfavor pricing page.


Worldfavor alternatives

  • Logo of Sedex
    Sedex
    Supply chain sustainability platform; measure, manage, and improve ESG performance.
    Read more
  • Logo of IntegrityNext
    IntegrityNext
    Supply chain sustainability: ESG risk monitoring and compliance.
    Read more
  • Logo of osapiens
    osapiens
    Streamlines ESG reporting and compliance for sustainable business.
    Read more
  • Logo of ESG Disclose
    ESG Disclose
    Streamlines ESG reporting, simplifies compliance, and boosts performance.
    Read more
  • Logo of Greenly
    Greenly
    Calculate, track, and reduce your business' carbon footprint.
    Read more
  • Logo of Strategy360
    Strategy360
    Streamlines ESG management, reporting, and compliance for large organizations.
    Read more

Worldfavor FAQ

  • What is Worldfavor and what does Worldfavor do?

    Worldfavor is a sustainability management platform helping businesses track and improve their ESG performance. It offers tools for data collection, supply chain transparency, collaborative engagement, and simplified reporting to meet regulatory requirements like CSRD.

  • How does Worldfavor integrate with other tools?

    Worldfavor integrates with other tools through its API and pre-built integrations, enabling data exchange with existing systems. This facilitates streamlined data collection and reporting, enhancing its collaborative approach to supply chain sustainability. It promotes transparency and efficient sustainability management.

  • What the main competitors of Worldfavor?

    Top alternatives to Worldfavor include EcoVadis, FigBytes, and Greenly. EcoVadis focuses on sustainability ratings and benchmarking, while FigBytes offers comprehensive ESG data management and reporting. Greenly specializes in carbon footprint measurement and reduction strategies. These platforms provide similar sustainability management solutions for businesses seeking alternatives to Worldfavor.

  • Is Worldfavor legit?

    Worldfavor is a legitimate platform helping businesses manage sustainability. It's highly rated on G2 and Glassdoor, offering tools for ESG data management, supply chain transparency, and regulatory compliance. This makes Worldfavor a safe and reliable choice for businesses seeking to improve their sustainability practices.

  • How much does Worldfavor cost?

    Worldfavor doesn't publicly disclose its pricing. Contact their sales team for a customized quote based on your specific needs and the features you require.

  • Is Worldfavor customer service good?

    Worldfavor's customer service is highly regarded by users, who describe the customer success team as supportive, helpful, and highly skilled. They appreciate the assistance provided throughout the entire reporting process.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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