The session recording:
In a circular economy products need to be designed for closed loops, but also to be used for longer and more intensively. The Sustainable Product Initiative (SPI) will set minimum design requirements to eliminate inbuilt obsolescence, and promote durability, reparability and upgradability. Why do products fail and how will SPI make a difference? What circular business opportunities will SPI generate? This session will provide some answers, looking particularly at the world of fashion and textiles.
The SPI will also launch a new European Digital Product Passport (DPP), setting data requirements to enable value chain stakeholders to access information essential for managing and maximizing product value in the circular economy. How will the DPP unlock transformative benefits to our society, economy and environment? How will it work? The session will also take a look at examples of existing voluntary product passports and consider the added value of the DPP.
Further reading (free download):
Jan Jonker, Niels Faber: Organizing for Sustainability. A Guide to Developing New Business Models (2021)
Jan Jonker, Niels Faber and Timber Haaker: Quick Scan Circular Business Models. Inspiration for organising value retention in loops (2022).
- circular economy
- Bruxelles, Belgium
- SQUARE Brussels Meeting CentreMont des Arts, 1000 Bruxelles, Belgium
- Generaldirektoratet för miljö