Strategic Focus: Engaging The Value Chain On Product Stewardship

Published 13 August 2020 by Yaowen Ma & Rodolphe d’Arjuzon &

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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.

Table of contents

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

Table of figures

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

Organisations mentioned

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

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 growth strategies across EHS, product stewardship, sustainability performance and ESG risk management. Yaowen has more than seven years of experience managing and delivering EHS and ESG research and consulting engagements to corporates, vendors, investors and industry associations. He holds a dual major bachelor’s degree in environmental management and international relations from the University of Pennsylvania.

Rodolphe d’Arjuzon

Global Head of Research and Finance Director

Rodolphe co-founded Verdantix in 2008 and directs the firm’s research strategy across all practice areas. He also leads the Smart Buildings practice on an interim basis. Rodolphe has over twenty years of experience in technology research and strategy consulting. He previously worked for Barclays Bank and L.E.K. Consulting. Rodolphe holds a PhD in Physics from Cambridge University.

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