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.

Table of contents

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

Table of figures

Figure 1. Driving Forces Behind Focus On Product Stewardship
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

Senior Analyst

Yaowen is a Senior Analyst in the Verdantix EHS practice covering research on digital technologies, best practices and growth strategies. His current agenda focuses on EHS information management and the overlap with product stewardship, supply chain transparency, and sustainability disclosures. Yaowen has more than five years of experience managing and delivering EHS and sustainability research and consulting engagements. He holds a dual major bachelor’s degree in environmental management and international relations from the University of Pennsylvania.

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 social responsibility and other business value topics. Steve received a dual environmental science and public policy Bachelor's degree from The College of William and Mary, a Master of Environmental Management degree from Duke University, and an MBA degree from James Madison University.

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