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5 November 2020, Lenzing – With the COVID-19 pandemic, more changes have been brought to the already transforming fashion and textile industries. To date, supply chain traceability has become a top priority for apparel and home brands. To address both consumer demand and compliance risks increasingly faced by brand partners, Lenzing is introducing a brand-new blockchain-enabled supply chain traceability platform powered by TextileGenesis™. The platform will go live from 5 November 2020 onwards, accessible by all brands using TENCEL™ and LENZING™ ECOVERO™ branded fibers, and supply chain partners globally across Asia, Europe and the Americas.
Phased onboarding and new digital certificates to ensure traceability and sustainability
A follow-up of a 12-month pilot program and field trials with four leading sustainable brands (H&M, ArmedAngels, Mara Hoffman and Chicks) and supply chain players from 10 countries in three regions, the global roll-out of Lenzing’s blockchain-enabled supply chain traceability platform will be conducted in phases. During the first phase, Lenzing’s supply chain partners based in South Asia (India, Bangladesh, Pakistan and Sri Lanka) will complete the onboarding process within Q4 2020. An estimated 300+ supply chain partners in China and Turkey will also join the program in Q1 2021. It is estimated that by Q2 2021, most eligible Lenzing supply chain partners will be onboarded into the platform, ensuring full supply chain traceability.
One of the core components of the platform powered by TextileGenesis™ is integration with the Lenzing E-Branding fabric certification system, which allows brands and retailers not only to access the full supply chain traceability for TENCEL™ and LENZING™ ECOVERO™ branded fibers but also to view the results of forensic (physical) verification of fabric samples via the digitally signed Lenzing E-Branding fabric certificates.
“Over the past year, during the pilot program and field trials we have been receiving very positive feedback from brands and supply chain partners. Our brand partners have also been encouraging us to accelerate the global roll-out for traceability of Lenzing fibers. With this new system and the integration with Lenzing E-Branding fabric certificates, the entire Lenzing ecosystem will create an unprecedented level of transparency. This will provide consumers with the most sustainable and climate-friendly clothing and home textile products that are made of TENCEL™ or LENZING™ ECOVERO™ branded fibers.”, says Robert van de Kerkhof, Chief Commercial Officer and Member of the Board at Lenzing,
“With increasing compliance and reputational risks, CEOs and Boards of top 100 fashion brands have committed to using 100% sustainable and traceable fibers over the next 5 years, with transparency being a core part of business priorities. Sustainability and traceability are two sides of the same coin, and it’s great to see Lenzing paving the way for the entire fashion industry to follow. Our supply chain traceability platform will create digital accounting for Lenzing’s innovative and sustainable fibers across the entire supply chain using Fibercoins™ traceability technology.” says Amit Gautam, Chief Executive Officer and Founder of TextileGenesis™.
Fibercoin™ technology to ensure traceability across supply chain
Through using the innovative Fibercoin™ technology of the TextileGenesis™ platform, Lenzing and other brand partners are now able to issue digital tokens (blockchain assets) in direct proportion to the physical shipments of TENCEL™ and LENZING™ ECOVERO™ branded fibers. These digital tokens provide a unique “fingerprint” and authentication mechanism, preventing adulteration, providing a more secure, trustworthy, digital chain-of-custody across the entire textile supply chain, and most importantly, ensuring the materials are sustainably produced.
For more information about the Lenzing Blockchain-enabled supply chain traceability platform and the Lenzing E-Branding Service, please visit https://textilegenesis.com or https://brandingservice.lenzin....
Images related to the announcement can be downloaded HERE.
About TextileGenesis™ platform
TextileGenesis™ is a pioneering supply chain traceability platform for the fashion and textile industry, enabled by blockchain technology. Our award-winning Fibercoin™ traceability technology creates real-time digital accounting of sustainable fibers across the entire supply chain from fiber-to-retail creating an entirely new level of traceability for brands and retailers. The platform is custom-built for all sustainable fibers such as man-made cellulosic fibers, wool, recycled polyester and organic cotton. The technology is highly scalable with first of its kind fiber-to-retail traceability data protocol (based on GS1 standard) to drive seamless exchange of data across the textile value chain. The modular design ensures easy integration with various forensic (physical) verification methods used in the fashion industry.
Our global network of leading sustainable brands, fiber producers, textile suppliers, and key industry organizations ensures rapid deployment and implementation of end-to-end traceability. The cloud-based delivery model ensures easy accessibility from any device and is available globally in all major textile producing countries in three different languages. The TextileGenesis™ platform goes beyond traceability to incorporate Scope 3 emissions for full value chain, and creates strong business incentives for textile suppliers to pro-actively share supply chain traceability data.