How organizations can capitalize on digital item passports

How organizations can capitalize on digital item passports

1 minute, 13 seconds Read

GreenBiz Circularity VP Jon Smieja and I have got hundreds of speaking elections for the Circularity 24 occasion coming to Chicago, May 22 to24 Among the propositions, a choose coupleof lines of text remain in my mind that capture concepts with the possible to catalyze systems modification.

The Dutch supply chain traceability start-up Circularise utilized a metaphor comparing dietary labels to digital item passports (DPPs). Nutritional labels empower healthy customers, while DPPs will empower sustainable customers, the business discussed. Both allow clear and available information for making accountable acquiring options.

Defining DPPs

DPPs are extensive digital records of item details, such as origin, production procedures, products, sustainability associates and ownership history. They notify decision-making around recycle, repairability, recycling and disposal. The DPP collection of information on the backend feeds into consumer-facing details that customers might gainaccessto by scanning a QR code with a smartphone.

Companies can usage DPPs to track and validate compliance with voluntary sustainability accreditations and, ultimately, necessary guidelines. Data readilyavailable bymeansof DPPs can assistance extend the life of items, drive sustainable habits modification and assistance circular company designs such as product-as-a-service. 

There is no universal basic for DPPs although standardization efforts have began, led by companies such as the not-for-profit International Data Spaces Association, and industry-specific partnerships such as the Battery Passport Action Partnership. Clear requirements as well as independent confirmation systems will be important to avoid greenwashing and makesure openness and precision. 

Through its blockchain-based softwareapplication, Circularise digitizes important information from

Read More.

Similar Posts