As the beauty industry moves towards greater transparency and sustainability, understanding the concept of product passports is becoming increasingly important. But what exactly is a product passport, and why should you start preparing for it now? Let’s dive into the details and explore why immediate action is crucial for your brand’s success.
What is a product passport?
A product passport is a comprehensive tracking system that follows the entire lifecycle of a product. It provides detailed information on:
- CO2 emissions: Tracks the carbon footprint of a product from production to disposal.
- Ingredient origins: Records where each ingredient is sourced and how it’s handled.
- Sales channels: Monitors where and how the product is sold, including any changes in distribution.
This level of transparency and traceability ensures that consumers and regulators can access accurate information about a product’s environmental impact and sourcing practices.
Why we need to start building or hiring ASAP
Currently, product passports (DPPs) are not mandatory, but this will soon change. The EU is expected to adopt mandatory DPP regulations between 2026 and 2030. Here’s why you should start preparing now:
-
Build consumer trust: Consumers are increasingly demanding transparency and sustainability. A product passport demonstrates your commitment to these values, helping to build trust and loyalty.
-
Avoid penalties: As DPP regulations become mandatory, non-compliance could result in fines and market restrictions. Starting now ensures you’re ahead of the curve and protected from future penalties.
-
Showcase commitment to sustainability: Implementing a product passport highlights your dedication to sustainability, which can be a key differentiator in a crowded market.
-
Ensure market readiness: Preparing early means you’ll be ready to meet new regulations without disrupting your operations. It also gives you time to integrate the passport system smoothly into your existing processes.
How Arkive 2.0 can help?
At Arkive, we are dedicated to helping you navigate these upcoming changes. With Arkive 2.0, you can seamlessly manage your inventory and gather all the necessary metrics for product lifecycle tracking, sustainability, and compliance with new standards.
Why register now?
- Instant metrics: Upload your inventory to Arkive starting late September to instantly gather the data needed for your product passport.
- Streamlined compliance: Arkive simplifies the process of aligning with new regulations, saving you time and avoiding potential pitfalls.
- Support circular beauty: By joining Arkive, you contribute to building a circular beauty industry, promoting sustainability and responsible resource use.
Ready to get started?
Register now to get ahead of the regulatory curve and ensure your brand is prepared for the future. Let’s work together to build a more transparent, sustainable, and circular beauty industry.