Digital Product Passport (DPP)
Digital Product Passports (DPPs) are a mechanism for digitally collecting and sharing product data throughout its entire lifecycle, from production to distribution to end-of-life disposal. The EU is the only current regulator of DPP at scale — is your company ready?
What you need to know about Digital Product Passports
As part of the EU’s commitment to make Europe the first climate-neutral continent in the world by 2050, the EU adopted the Circular Economy Action Plan (CEAP). This plan aims to make sustainable products a norm in the EU, focusing on resource-intensive sectors such as electronics and ICT, batteries and vehicles, packaging, plastics, textiles, construction and buildings, food, water, and nutrients. The DPP has been introduced in the following regulations & strategies: Ecodesign for Sustainable Products Regulation (ESPR), EU Strategy for Sustainable and Circular Textiles, EU Battery Regulation.
How BanQu helps you with DPP
END-TO-END VISIBILITY
Thanks to our blockchain-based tech and on-the-ground implementation teams, we help companies map their value chains, gaining cradle-to-cradle visibility and data that can feed into their Digital Product Passports.
PRIMARY SUPPLY CHAIN DATA
While we can integrate with any legacy or operating systems, as well as satellite imagery databases, the supply chain data captured throughout your value chain on BanQu is primary, verifiable, and auditable for the utmost compliant DPPs.
REAL-TIME LIFECYCLE REPORTS
Once you have all of this great, reliable data in one place, you can use BanQu to generate customizable lifecycle reports at the click of a button. As needed, you can easily share your reports with stakeholders and auditors to prove your compliance with DPP-specific regulations, such as ESPR, EU Strategy for Sustainable & Circular Textiles, and the EU Battery Regulation.
Frequently Asked Questions
BanQu’s blockchain-based solutions help companies capture verifiable, unaggregated data throughout a product’s entire lifecycle, making generating reliable, compliant DPPs a breeze.
We start by mapping out the lifecycle and supply chains of the product and its materials/ingredients and connect all players to our platform with on-the-ground implementation. We then offer ongoing customer success support to make sure you’re getting the most out of your DPPs and the BanQu platform.
If your company is affected by one of the following regulations, we highly recommend kickstarting your DPP journey ASAP: Ecodesign for Sustainable Products Regulation (ESPR), EU Strategy for Sustainable and Circular Textiles, and EU Battery Regulation. However, DPPs are a great option for any company hoping to level-up their sustainable efforts, data, and engagement with their products.