LFX: Connecting Worldly to emerging markets supplier network to upscale its product offerings and accelerate its growth

LFX approaches the relationship as true partners and their understanding of our industry and proactive support have been invaluable. The strategic insights and industry expertise they provide have contributed to our growth, and I am confident they will continue to do so in the future.

- Scott Raskin, Worldly CEO

Worldly, an investment under LFX Venture Partners (a LFX affiliate) is the most comprehensive environmental and social impact data and insights platform to capture sustainability data for the Higg Index, trusted by 40,000+ major consumer goods brands, retailers, and manufacturers.  With LFX as its strategic partner, Worldly leverages LFX and Li & Fung’s supply chain expertise, global network of suppliers, as well as on-the-ground resources in 50 countries to gain access and insights of the suppliers in emerging markets to drive its product innovation and expand supplier network to accelerate its growth and speed up sustainability practice in consumer goods supply chain.

One key initiative LFX has helped champion at Worldly is to create strong relationships with suppliers and drive tangible value to factories. In addition to strategic industry insights, LFX has mobilized its resources in production countries to help Worldly teams gather insights from suppliers. LFX and its affiliate have been actively involved in shaping leading sustainability practices and frameworks, including contributing to the development of the Higg Index, serving on the core advisory committee for Cascale (formerly the Sustainable Apparel Coalition), and evaluating the Facility Environmental Module (FEM) questionnaire quarterly.  The partnership has yielded significant benefits, with LFX actively promoting Worldly's solutions across the network of suppliers and retailers, and currently there are thousands of factories within LI & Fung trading business using the FEM products with data analytics, operational expertise, and domain knowledge feedback provided to the Worldly team on both UI/UX and functionalities.

Worldly’s platform provides unprecedented transparency and accountability, driving a global transformation towards sustainable and ethical manufacturing practices. LFX brings decades of on-the-ground expertise and deep domain knowledge to every partnership.

Note: Worldly is a LFX Venture Partners portfolio company.