The Higgs Index enables companies to compare environmental performance outcomes in order to improve their environmental impact and is an example of how rivals work together to resolve complex problems.

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Rival firms like Nike, Walmart, and Patagonia have started working with a number of stakeholder groups through the Sustainable Apparel Coalition in order to improve the environmental impact of their products. They convened a group of 10 apparel companies in the belief that the adoption of a single, standardized index would drive efficiency and innovation across the apparel value chain and reduce environmental impact and supply chain risks. The so-called Higgs Index enabled companies to compare environmental performance outcomes in areas such as energy efficiency, material waste, water use, and sustainable raw materials.

The Higgs Index Enables Companies to Compare Environmental Performance Outcomes