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What is the Ecodesign for Sustainable Products Regulation #ESPR and why should companies act now? 🤔 The ESPR is a framework legislation that sets the performance and information requirements for a broad range of physical goods and intermediate materials. It enters into force on 18th July 2024. ⚖📅 The ESPR has a strong focus on product information and introduces the #DigitalProductPassport (DPP). The purpose of the DPP is to increase transparency and ensure that stakeholders have digital access to product-specific information – particularly in relation to circular economy, decarbonisation, and sustainability. The ESPR introduces measures to reduce the unnecessary destruction of unsold consumer goods, it aims to improve enforcement through increased market surveillance, and applies to all products placed on the market in the European Union, whether produced inside or outside the EU. 🌿🏭 The ESPR acts as an overarching guide for establishing specific product regulations, which will unfold gradually and include input from stakeholder consultations via the Ecodesign Forum. Product groups affected by the first working plan are required to be compliant in 2027. Enforcement of the ESPR will result in products becoming subject to a wide range of requirements, including assessment of reliability, energy use, and expected generation of waste materials. This will have a significant impact on companies and could fundamentally alter company-supply chain interaction. Efficient data generation and organisational restructuring might be necessary to ensure compliance in 2027. In Ramboll’s article ‘ESPR: It’s time to take action’ you can learn more about the ESPR, including the timeline, what product groups are affected by the first working plan, and how to start preparing for compliance straight away. 💡 Find it here: https://lnkd.in/e6B5uGQZ #EcodesignForSustainableProductsRegulation #sutainability #circulareconomy #decarbonisation

Ricardo Weigend Rodríguez

Principal Consultant Circular Economy at Ramboll Management Consulting

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