IRIEDAILY Brand Performance Check
Brand Performance Check of the Fair Wear Foundation | IRIEDAILY receives Leader Status again
We got some great news: After the Fair Wear Foundation (FWF) has carried out this year’s Brand Perfomance Check (BPC) for IRIEDAILY, we have again received the Leader status! We are very proud of this and look forward to continuing our cooperation with the FWF.
Due to the company’s philosophy, we joined the FWF in the summer of 2016 with the aim of improving the working conditions for workers in our production facilities in Portugal and China. Since 2018 we have been holding the highest award of the FWF – the Leader status, which we received again this year. This is mainly a result of the long-lasting relationships with our partners and factories, as well as the high transparency in our supply chain.
The status is granted anew each year by the FWF after they have carried out a comprehensive Brand Performance Check (BPC). This has the advantage that member companies cannot simply rest on awards or seals they have already received, but instead a continuous process and honest efforts are required. Based on the BPC, the FWF then assigns a score, which is the basis of assessment for the three different ratings “Needs Improvement”, “Good” or “Leader”. By the way, the review always covers the previous year from January to December, in this case the year 2019.
In 2019, we were even able to increase our benchmarking score by a few more points which enabled us to secure our Leader status.
In addition, each member of the FWF must publish an annual Social Report that reports on the goals and successes achieved in its cooperation with the FWF. Information about our current Social Report can be found here.
Here are some facts that make us a Leader:
– 98% of our supply chain has been monitored, visited or audited in the last year
– Established database system for real-time overview of our supply chain
– Small number of long-term suppliers (7 suppliers each in Portugal and China)
– 86% of the production volume is produced by suppliers with whom we have been working for more than 5 years
– 10% of the production volume is produced by suppliers with whom we have been working for more than 10 years
– Longer production phases to avoid overtime in the factories
– Limited number of materials in production, processing of residual materials, timely announcement of new fabrics and materials
– 99% of the factories were visited by us + health and safety checks were made
– 97% of the production sites have actively participated in training courses on the FWF Code of Conduct and the complaint hotline in the last 3 years
– Focus on paying living wages in all production facilities