Developing a social impact measuring tool

Luxury fashion brand Chloé from France is developing the fashion industry's first social impact measuring tool. This tool will help brands measure, evaluate and visualize its social impacts across the supply chain. This project began 18 months ago and it reflects Chloé’s manifesto and long-term commitment to uplift women, eradicate gender-based inequalities and promote inclusivity, to create products that have a positive impact on people.

Chloé is working with Institut Français de la Mode and Conservatoire National des Arts et Métiers to develop this tool. Metrics within this tool will be based on sustainable value creation reports published by the World Economic Forum and International Business Council.

 This tool will contain six indicators; gender equality, a living wage, diversity and inclusion, training, well-being and job quality. This will enable brands to visualize their impact on people working on their products in the whole supply chain from sourcing to retail sales and deliveries.

According to the fashion brand Chloé, elements within the ‘job quality’ indicator contains tenure, pay progression, promotion, turnover and use of soft skills including active listening, coordination, responsibility and group work.

Its methodology is currently being reviewed. The fashion brand expects that the finalized tool which is called SP&L methodology will be shared in 2023.