Digital product passports are electronic documents that store information and data about a product throughout its lifecycle, aiming to reduce environmental impacts by making products more sustainable and recyclable
This information includes the product's materials, production, use, repair, and recycling.
The type of information stored can vary:
- Product identity (brand, model, serial number)
- Product materials
- Energy and resources used in product production
- Emissions and waste generated during product use
- Information needed to repair the product
- Information needed to recycle the product
Digital product passports promise to be useful for manufacturers, consumers, recycling companies, and regulators.
Manufacturers can use digital product passports to reduce the environmental impact of their products.
Consumers may use digital product passports to learn more about the environmental impact of products before purchasing them, and recycling companies can use digital product passports to recycle products more efficiently.
Digital product passports are becoming mandatory in the European Union (EU) under the Sustainable Products Initiative (SPG). SPG initiative foresees that all new products will include a digital product passport by 2025.
Digital product passports will likely become mandatory in Turkey negotiating full membership with the EU, an important step to reduce environmental impacts.
There is very little time left for this document to become mandatory, and startups are among the first to address rapidly changing regulations and consumer needs:
Ecycler: Software solution to make recycling products easier. Ecycler collects product data and ensures that the information necessary for the recycling of these products is shared with consumers.
Greenly: App to help consumers live a sustainable lifestyle. Greenly helps consumers track the environmental impact of the products they buy and make more sustainable choices.
Greenmatch: Platform to help businesses create sustainable supply chains. Greenmatch helps businesses monitor and reduce their environmental impact in their supply chains.
Loop: Platform to make recycling products easier. Loop makes it easier to recycle products by selling them in reusable containers.
In our previous articles, we analyzed how corporations are creating innovative recycling processes with startups in Construction & Fashion and Automative industries.
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