Bioworld Merchandising taps Good.Lab to accelerate ESG impact
Good.Lab propels apparel and accessories manufacturer, Bioworld Merchandising, through the first phases of its ESG program to build a data-backed foundation for expanding impact over time.
SAN FRANCISCO | FEBRUARY 16, 2022
Good.Lab, an Environmental, Social, and Governance (ESG) data company, today announced that Bioworld Merchandising, a leading apparel and accessories manufacturer, successfully completed the first phase of its ESG program launch.
Bioworld aspires to be a leader in ESG performance and sought out external expertise to help them optimize their investments and improve ESG performance across a range of ESG issues relevant to their industry and operations, which span over 20 product categories and complete retail distribution and direct-to-consumer sales.
Bioworld engaged with Good.Lab’s network of ESG and sustainability consultants for this first phase of its ESG journey to prioritize among the many ESG issues by conducting a materiality assessment. Good.Lab also conducted an external benchmarking analysis to assess Bioworld’s positioning relative to industry peers and competitors, and a progress assessment to evaluate the impact of their efforts to date and determine where to focus to drive improved performance moving ahead.
We aspire to be a leader in the sustainability space and found a partner in Good.Lab to help us implement a quantitative approach to our ESG efforts. Good.Lab helped us to focus and prioritize our efforts around key impact areas, and to build a data-backed foundation for tracking our ESG progress.
Jason Mayes, Director of Marketing & Intellectual Property, Bioworld
The next phase of the client engagement tapped into Good.Lab’s industry benchmarking database to assess and set ambitious yet achievable ESG targets with considerations for what’s being done already by industry leaders and to meet the expectations of Bioworld’s customers.
Bioworld was an ideal client, given that they were serious about their ESG ambitions from the start and reaching a position of leadership. I’m particularly eager for the next phase of helping them measure progress against their targets so they have the data trail to back up all the good work they’re investing in.
About Good.Lab Good.Lab was started to create a more equitable and sustainable economy by unleashing the power of Environmental, Social and Corporate Governance (ESG) data. As companies are increasingly evaluated on a long-term commitment to delivering positive outcomes in their communities, on the environment, to their workers, customers and shareholders, sustainability has become a competitive advantage. Good.Lab empowers its clients to act on ESG issues through ESG performance management & compliance software and professional services. Our solutions transform our clients’ ESG data reporting engine to deliver actionable insights to management, reliable data to investors, and transparent data to customers. Visit us online at getgoodlab.com
About Bioworld Bioworld Merchandising has been a pioneer in lifestyle pop-culture apparel and accessories for over 20 years. We look at the licensing industry differently. Our priority is connecting consumers globally by creating richer connections between the fans and the things they love. It’s goes beyond merch. Beyond commerce. We help cultivate self-expression. We partner with the biggest brands in the world. With over 20 product categories and complete retail distribution in all tiers including Amazon and direct-to-consumer, we put the right product, into the right hands at just the right time. Headquartered in Texas with 10 offices worldwide, we own the supply chain—from manufacturing to distribution and every step in between. Our partners know we aren’t just one solution. We’re THE solution. Visit us online at Bioworldmerch.com
Disclaimer: Good.Lab does not provide tax, legal, or accounting advice through this website. Our goal is to provide timely, research-informed material prepared by subject-matter experts and is for informational purposes only. All external references are linked directly in the text to trusted third-party sources.
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