Amsterdam
Barbara Strozzilaan 1011083 HN Amsterdam
Netherlands+31 10 307 7131info@kruso.nl
The new initiative from the European Union is expected to come into effect at the beginning of 2024, and the new rules will be gradually rolled out towards 2030. Are you ready?
EU's Digital Product Passport is part of a larger movement to promote sustainability and circular supply chains in the region. The textile industry will be among the first to implement this new scheme, which provides detailed information about products' origins, environmental impact, materials, and recycling opportunities. This initiative, anchored in the EU's Ecodesign for Sustainable Products Regulation (ESPR), aims to support Europe in its transformation towards a more circular economy.
The scheme is designed as a kind of digital label, which consumers can scan to access information about the product's origin, its impact on climate and environment, the materials used, and the product's recycling opportunities.
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Initially, the EU is eyeing the implementation of product passports in the apparel, batteries, and consumer electronics sectors by 2026. The rest of the industries will follow suit, except for food, feed, and pharmaceutical products, which are excluded from this rule.Â
Furthermore, any business selling a product in the EU market will need to provide a product passport for both the finished product and its individual parts, implying that this legislation, although specific to the EU, will have a global impact.Â
We have talked about it before, and you might know a thing or two. Nevertheless, there is still many questions to answer... Therefore, we have teamed up with DynamicWeb, to talk about what is going on and how you succeed with the Digital Product Passport.
Niels Brinkø, CTO at Kruso and Lars Holm Byg, Commercial Product Manager at DynamicWeb, are your hosts in this mini series as they provide you everything they know in 5 episodes.
The DPP aims for data transparency, starting with assessing your current supply chain data to ensure it's robust enough for new regulations. Brands are re-evaluating their tech stacks, particularly investing in PIM solutions, to manage and distribute required data effectively and comply with these regulations.
Implementing the DPP will broadly impact your organization, requiring identification and closure of data gaps while ensuring all internal teams are informed and prepared. Each team must understand and plan for the DPP's impact on their functions, from procurement and marketing to IT and finance, to prevent a fragmented approach and achieve data transparency.
Viewing the DPP as an opportunity rather than a regulatory hurdle can help companies enhance supply chain visibility, optimize resource use, and unlock new revenue streams. Embracing the DPP can differentiate your company, align with consumer demand for sustainability, and potentially reveal additional unforeseen benefits as the legislation evolves.
Contact us and let us help you with the Digital Product Passport
Kenneth Ryle Thorsson