Venture Catalyst UniSA - FM Circular Fashion IQ Index
The FM Circular Fashion IQ Index was originally created as part of the IMAGINE CIRCULAR FASHION initiative.
The FM Circular Fashion IQ Index is a consumer-facing circularity rating and validation platform designed to bridge the gap between primary fashion markets (new purchases) and secondary markets (resale, repair, and recycling). Unlike traditional sustainability ranking systems, the FM IQ Index does not rank large brands directly; instead, it aggregates and analyzes independent sustainability certifications, regulatory compliance data and self-reported brand sustainability efforts to generate a final colour-coded circularity score.
The FM IQ Index includes a Validation Pathway for small brands that cannot afford expensive sustainability certifications. Using the FM IQ Index they can self-report sustainability data, undergo AI-powered verification and be benchmarked against industry-wide best practices. This ensures that all brands can participate in circularity verification, fostering greater transparency, accountability, and accessibility.
Are you a small brand? Take the self assessment survey here to see how you score against global industry standards.
You can:
View the Video explaining the FM Circular Fashion IQ Index here
View the FM Circular Fashion IQ Index Business Plan here
View the Workflow OUTLINE here (please be aware that a prototype mock up is being built and will be avaliable by 20/03/2025)
View the Fleurieu Made 2024 Impact Report here