According to the Capgemini Research Institute, sustainable product design is the need of the hour. They say sustainable product design is a key lever that can help organizations achieve the
transition to net zero, manage resource scarcity and reap benefits such as increased revenue growth and improved relationships with stakeholders.
Also they state sustainable product design does not always need lead to increased cost. For 60% of the companies they’ve surveyed, the costs stayed the same or became less.
One of the biggest hurdles to making products more sustainable is the lack of alternative materials or data to assess the environmental impact of products. Fortunately, more and more LCA software tools are coming to market helping companies to assess the impact of their products and find alternative materials without needing external expertise.
You can download the full report of Capgemini here.
