Strategic Focus: Realizing New Product Stewardship Opportunities
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Executive Summary
This report provides corporate EHS and product stewardship executives with insights for aligning governance, processes and technology to more effectively move beyond regulatory compliance foundations and realize the opportunities that product stewardship can provide. Firms are driven to focus on product stewardship efforts for a variety of reasons, ranging from regulatory compliance to brand reputation and product competitiveness benefits. This report summarizes some of the objectives that firms adopt and tools that they utilize in pursuing product stewardship, as well as outlines three scenarios that distinguish various maturity levels of product stewardship information management.Firms Seek Brand Competitiveness And Sustainability Benefits Through Product Stewardship
Product Stewardship Executives Set Sights On Moving Beyond Regulations
Risk Levels Are Informed By Industry Vertical Operational Activities
Firms Utilize Varied Product Stewardship Solutions To Achieve Excellence
Firms Should Ensure That Governance, Processes And Technology Are Aligned For Success
Three Scenarios Demonstrate Journey To Product Stewardship Excellence
Figure 2. Important Product Criteria For A Firm’s Product Stewardship Objectives
Figure 3. Industries Categorized By Product Stewardship Risk Levels
Figure 4. Current Utilization Of Commercial Product Stewardship Software
Figure 5. Product Stewardship Information Management Software And Services
Figure 6. Three Scenarios For Product Stewardship Excellence
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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