Ecublens/Préverenges VD – The Enterprise for Society Center (E4S) and tech consulting firm OriginAll have jointly developed “The Index.” The project, under academic leadership, is designed to measure transparency and traceability in the luxury industry.
The Enterprise for Society Center(E4S) and OriginAll are calling on all luxury sector stakeholders to participate in the world’s first transparency and traceability index. According to a media release from E4S, this is the world’s first academic-led public-private partnership in this industry. It aims to develop solutions for measuring transparency and traceability. The focus is reportedly on technologies to improve product safety and product data.
E4S is a joint venture based in Ecublens between the Faculty of Business and Economics HEC Lausanne, part of the University of Lausanne, the International Institute for Management Development and the Swiss Federal Institute of Technology Lausanne. E4S partner OriginAll is a consulting company in the technology sector based in Préverenges.
“The Index aims to become a sustainable source of verified information,” Margot Stuart, COO and co-founder of OriginAll, is quoted as saying. As such, the Index “aims to become a reference for the luxury industry, technology partners and consumers, and to inspire improved corporate practices and the use of transparency technologies.” The goal, he said, is to “create more transparency in the industry and empower consumers to make better, safer choices.”
Breitling, ID Genève Watche and Movo Partners from Sion VS are among the first supporters of this research project, as are SMCG Wines from South Africa and Authentic Vision from Salzburg. The first edition of the Luxury Industry Transparency Index is scheduled to be published by the end of the third quarter of 2023. gba