Strategic Focus: Engaging The Value Chain On Product Stewardship

Report
EHSQ Corporate Leaders
Yaowen Ma
Yaowen Ma
Rodolphe d’Arjuzon
Rodolphe d’Arjuzon
13 Aug, 2020

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Executive Summary

Over the last decade, product stewardship initiatives have expanded from safety obligations to also contain circular economy, recycling and environmental footprint considerations. By some estimates, the circular economy and associated product stewardship activities could unlock up to $4.5 trillion of economic growth. This report helps corporate EHS and product stewardship executives understand the diverse stakeholders involved in product stewardship information management and how technology can be used to better manage product stewardship initiatives and programmes. New and diverse technologies can offer firms the ability to overcome the resource-intensive challenges associated with engaging product supply chains.

A Focus On Product Stewardship Is Increasingly Important In The 21st Century  
Product Stewardship Has Expanded From Safety To Include Circular Economy Initiatives
Stakeholder Engagement Plays A Critical Role In Successful Product Stewardship Initiatives

EHS Technologies Can Support Engagement With Product Supply Chains  
EHS Digital Ecosystem Offers Essential Tools To Automate Supplier Product Compliance Processes
LCA Software Enables Firms To Appraise Product Supply Chain Environmental Impacts
How To Use Various Point Solutions To Better Engage Multi-Tiered Supply Chains And Suppliers

Figure 1. Defining Product Stewardship
Figure 2. Engaging Stakeholders On Product Stewardship Issues
Figure 3. Example Solutions That Help Executives Engage The Supply Chain
Figure 4. Product Stewardship Information Management Software Solutions
 
US Consumer Product Safety Commission (CPSC), VF Corporation, SiteHawk, Quentic, Chipotle Mexican Grill, IKEA, Accenture, Airsweb, Aptiv, Task Force on Climate-related Financial Disclosures (TCFD), Henkel, HTX Labs, JanSport, OneClickLCA, EY, Sourcemap, Resilinc, Mattel, Napapijri, Sustainable Apparel Coalition, TechniSoil, UPS, Welltower, Alcumus Group, Solvay, Triax Technologies, Covestro, Adidas Group, Veriforce, Blackline Safety, Vans, NYU Center For Sustainable Business, Drom Fragrances, Poland Spring, Avetta, European Chemicals Agency (ECHA), GlaxoSmithKline (GSK), Allstate, AMGEN, US Occupational Safety And Health Administration (OSHA), UL, Bosch, DAQRI, Biogen, BASF, Verisk 3E, thinkstep, Enhesa, Parley For The Oceans, Industrial Scientific, EarthShift Global, SAP, Cority, Circul8, Antea Group, Everlane, SBN Software, VelocityEHS, Ellen MacArthur Foundation, Arcadis, European Union (EU), ERM, Achilles, Bertel O. Steen, CGI, Royal Dutch Shell, IsoMetrix, EcoOnline, Prudential, Responsible Business Alliance, Health and Safety Institute (HSI), Electronic Industry Citizenship Coalition, SimaPro, Sphera, Nestlé, NRG Energy, Medtronic, MSDSonline, IBM, Enablon, Valvoline, ISN, Interface, Siemens, Gensuite, Reese’s, SAI Global, Colgate-Palmolive, NVIDIA, GM, iPoint-systems, Governance & Accountability Institute (G&A), BROWZ, EcoVadis, Patagonia, ChemAdvisor, VitalMetrics, Snap Inc, US Environmental Protection Agency (EPA), Alcatel-Lucent, Unilever, Anthesis Group, PG&E, Intelex, Esri, PwC, Toyota

About the Authors

Yaowen Ma

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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Rodolphe d’Arjuzon

Rodolphe d’Arjuzon

Chief Product Officer and Co-Founder

Rodolphe co-founded Verdantix in 2008 and directs the firm’s research strategy across all practice areas. Rodolphe has over 20 years of experience in technology research…

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