Tuesday 17 December 2024
- Producers selling in the EU will soon be required to integrate Digital Product Passports (DPPs) into their operations under the Ecodesign for Sustainable Products Regulation (ESPR)
- Regulation aims to promote a circular economy and enhance transparency and sustainability across the product value chain
- Given long procurement lead times, producers should start preparing for this now to get ahead of the curve
- Reconomy’s new service with Fabacus will help producers prepare for these changes
Reconomy, the leading international circular economy specialist, in collaboration with Fabacus, a leading data technology business, will be offering a Digital Product Passports service as part of its textile EPR solution to help producers meet expanding regulations.
Textile producers in the EU will soon be required to integrate Digital Product Passports (DPPs) into their operations under the Ecodesign for Sustainable Products Regulation (ESPR), which came into effect in 2024. These passports are set to become mandatory across certain product categories, starting with batteries in February 2027 and textiles later that year.
The ESPR is a cornerstone of the EU’s strategy to promote a circular economy and enhance sustainability across the product value chain, particularly in sectors that are resource intensive and have significant potential for circularity, such as textiles.
DPPs will digitally record essential information about a product’s lifecycle including material composition, weights, volumes, place of manufacture, carbon data, maintenance, ownership, care instructions and documentation. This requirement will apply to any products sold within the EU, regardless of where they are manufactured.
While detailed category-specific requirements are still being finalised, given the length and complexity of procurement processes, producers are encouraged to act now, piloting solutions to assess data readiness and bridge gaps early.
Reconomy has partnered with Fabacus to deliver a robust, data-driven solution. This ensures compliance while enabling scalability and unlocking new opportunities for producers through DPP technology.
This latest offering will form part of Reconomy’s broader end-to-end textile EPR solution launched in April 2024 to help producers understand and meet their global legislative requirements and the timescales of different EPR schemes. This comprehensive one-stop shop offering includes regulatory monitoring, consultancy, data management, environmental compliance, material returns and end of life treatment.
James Beard, Head of Voluntary Compliance at Valpak, a Reconomy company, commented: “We are pleased to launch this additional offering to help textile producers navigate these evolving regulations, get ahead of the curve and ensure they understand and are well placed to deal with their obligations. Together with Fabacus, we look forward to working closely with our customers in this sector to implement Digital Product Passports and help make them make better use of their materials, reduce waste and contribute to the circular economy.”
Andrew Xeni CEO and Founder of Fabacus, added: “This collaboration demonstrates how innovative technology and market-leading expertise can come together to drive meaningful change. We are delighted to be working alongside Reconomy to deliver this solution through our data service and support producers in making significant steps towards a new retail landscape of transparency, sustainability and compliance.”
-Ends-
Contact for Reconomy:
Temple Bar Advisory
Alex Child-Villiers // Sam Livingstone // Alistair de Kare-Silver // Juliette Packard
Tel: 020 7183 1190
Email: reconomy@templebaradvisory.com
About Reconomy
Reconomy is an international circular economy specialist that combines technology, skills and incredible people to build sustainability ‘loops’ that create circular opportunities for business.
This is achieved through a tech enabled, people-powered approach that helps Reconomy’s customers to better manage their resources, reduce waste, optimise their supply chains, and contribute in a meaningful way towards the circular economy.
About Fabacus
Fabacus is a pioneering data technology company working across the brand licensing, manufacturing, and retail industries. The company creates unique product identification credentials that authenticate IP ownership to form proprietary digital product catalogues at scale for retailers and brand owners. Fabacus DaaS (Data-As-A-Service) Xelacore platform facilitates an infinite number of attributes, ensuring strengthened transparency, collaboration, and trust. The company delivers comprehensive and verifiable records across the value chain by streamlining and alidating product information for advanced reporting, brand protection and mitigation against counterfeit goods. Fabacus also enables brands, retailers, and event operators to engage and monetise via dynamic customer engagement channels and live events.
The Xelacore data engine powers the market leading Fabacus’ Digital Product Passport product, a full spectrum customisable and trusted solution that has been architected to capture and collate product journey information and authenticate data claims, as well as disclosing circular economy claims, decarbonisation, and climate credentials against EU regulations and GS1 standards.
Fabacus was founded by successful retail and technology entrepreneur Andrew Xeni and is backed by several leading financial institutions including iNovia Partners, led by former Google CFO Patrick Pichette, as well as New Look founder Tom Singh. Fabacus’ community of blue-chip clients include Paramount, NBCUniversal, Hasbro, Fanatics, Epic Games, Ultimate Fighting Championship (UFC), Activision Blizzard and IMG, part of Endeavor.
For more information and to connect with the team, visit
www.linkedin.com/company/fabacusuk or www.fabacus.com
