Buyer’s Guide For Product Stewardship Solutions
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Executive Summary
This report provides an overview of the technologies for product stewardship information management that currently are available in the market. This report can assist the procurement decision-making of corporate executives who are responsible for selecting, implementing and managing solutions for product stewardship. The analysis provides insight into the product offerings, recent market developments and Verdantix views on the best-fit customers for 14 prominent product stewardship solution vendors. Verdantix anticipates that global spending on product stewardship software will grow from $768 million in 2019 to reach $1.15 billion in 2024, expanding at a 4% compound annual growth rate. Similarly, of the 403 corporate EHS executives that Verdantix interviewed in 2019, 35% of respondents revealed plans to increase their spending on chemicals and hazardous waste compliance activities during 2020,, while 31% of respondents cited plans to increase spending on product safety, compliance or eco-design practices.Corporate Demand For Product Stewardship Solutions Is Growing
Defining Product Stewardship Solutions
Three Archetypes Reflect Current Product Stewardship Management Practices
Vendors Leverage Mobile, Content And Services To Meet Diverse Needs
Effective Product Stewardship Enables Compliance And Risk Management
Buyer’s Guide Inclusion Criteria
Solutions Overview Of 14 Prominent Product Stewardship Vendors
Alcumus Group’s Sypol Solution Is Designed For Control Of Substances Hazardous To Health (COSHH)
Cority Integrates Chemicals And Product Compliance With Industrial Hygiene And Occupational Health
EcoOnline Is A Nordic-Headquartered EHSQ Vendor With COSHH Expertise
Enablon Offers Chemical And Product Compliance Functionality In Tandem With Content Partners
Enviance Integrates Chemicals And Components Compliance With EHS Information Management
Gensuite Enables Product Stewards To Maintain Compliance And Improve Sourcing Practices
HSI Delivers Safety Training And Chemicals Compliance Software And Services
Intelex Enhances Chemical Compliance Using Partnership-Based Model
iPoint-systems Takes On Circular Economy With Product Compliance And Sustainability Solutions
Quentic’s Europe-Dominant HazMat Software Supports Waste And Materials Management
Sphera Provides Breadth And Depth Of End-To-End Solutions For Product Stewardship
UL Offers Software, Content And Services Across All Of Product Stewardship
VelocityEHS Deepens Their Core Expertise With Recent ChemTel Acquisition
Verisk 3E Delivers Software, Content And Services Across Diverse Product Stewardship Needs
Figure 2. Information Architecture For Managing Product Stewardship Activities
Figure 3. Driving Forces Behind Product Stewardship Activities
About the Authors
Yaowen Ma
Principal Analyst
Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and gr…
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Steve Bolton
Research Director
Steve leads the Verdantix EHS research practice, based out of our New York office. He has 25 years of experience advising on sustainability, EHS, circular economy, corporate s…
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