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Theory of change and impact metrics for a sustainable technology accelerator in the fashion industry
Client Challenge
The client wished to clean up the world‘s second „dirtiest“ industry by supporting the development of sustainable technologies that would help reduce the fashion industry‘s negative footprint on the environment and society.
VfG Contribution
- Established an impact framework for an accelerator programme to scale up sustainable technology start-ups in the fashion industry
- Developed the theory of change and defined ecological impact indicators related to water, CO2, waste and chemicals as well as social indicators to select start-ups into the programme and to assess their impact over time
Impact on Client & Society
- The sustainable technology accelerator successfully launched a few months after our engagement.
- Currently, various sustainable technology start-ups are being supported to scale their solutions and thus contribute with their positive impact to the environment.