Benefits for companies, consumers and regulators

Introduction

Benefits for companies, consumers and regulators is a central theme of the European sustainability strategy. The Digital Product Passport (DPP) is intended to provide information on materials, origin, reparability and recycling of a product digitally and transparently - along the entire life cycle.

What exactly do benefits mean for companies, consumers and regulators?

Benefits for companies, consumers and regulators include aspects such as data standards, regulatory requirements, technical integration and organizational and strategic challenges for companies. The aim is to create transparency in value chains and promote sustainable business practices.

Relevance for companies

The DPP imposes new obligations on companies - but at the same time also offers opportunities for differentiation. Those who prepare processes, IT systems and data structures at an early stage can minimize regulatory risks and secure competitive advantages.

Typical challenges

• Lack of clarity about data requirements & formats
• Complexity in global supply chains
• Lack of interoperability between systems
• IT infrastructure and governance not prepared

Practical example

An automotive supplier launched a pilot project to integrate the Digital Product Passport into its PLM system. Master data, sustainability information and product labels were bundled - for better traceability and compliance.

Our consulting approach

1. Understanding regulation & evaluating scope for action
2. Analyze data requirements & system landscape
3. Developing a roadmap for DPP integration
4. Support with pilot projects & tool selection
5. Scaling & training for all relevant units

Conclusion

Benefits for companies, consumers and regulators are becoming an obligation - but also an opportunity. Companies that act now can not only fulfill the product passport, but also use it strategically.