A Social and Labor Convergence Project led by the world’s most well-known brands, retailers, industry groups and civil society – including Sedex – has been launched...The project seeks to achieve real, sustainable change through the collective development of an industry-wide, standardized methodology for social and labor performance assessment in the apparel and footwear supply chains. The industry believes that through convergence of assessment tools, costs on duplicated auditing will be significantly reduced, and the money saved will instead be used to improve social welfare for millions of people employed in the sector. This collaborative effort is being facilitated by the Sustainable Apparel Coalition (SAC) and supported by leading organizations and companies, both SAC members and non-members. Signatories to the public statement include Nike, H&M, VFc-Timberland, Levi Strauss & Co., PVH Corp., Gap Inc., Target, Columbia Sportswear Co. and adidas Group, standard holding organisation WRAP, the non‐profit supply chain improvement experts Sedex, NGO Solidaridad, auditing firms Bureau Veritas and SGS, the International Apparel Federation and many others stakeholders at all levels in the value chain.