Principles of Responsible Product Stewardship.
Pursuing 'product stewardship' as a principle, helps corporates move towards sustainability where all stakeholders involved in the complete life-cycle of a product assume responsibility for its impact on human health and environment. A move to eliminate greenhouse gas emissions entails limiting the use of raw materials within a process and reducing generation of waste in the cycle of production. The principle requires a fundamental change in the product and the way its processes are designed. It includes a complete assessment of all inputs that go into the making of a product and explores the manner in which customers use and dispose of the product at the end of its life-cycle. As an environmental policy, corporates need to appoint experts in conservation and pollution prevention as their board members policy and adopt an Asset Recycle Management program (ARM). The ARM envisages a re-manufacturing process that allows parts and components of a product to be reconditioned, tested and reassembled with minimal environmental impact,
Strategies to attain sustainability include product stewardship, quality management aimed at pollution prevention and investments in clean technologies. Pollution prevention contemplates colocation of facilities that are geographically dispersed, creating industrial ecosystems where the waste from one process becomes the raw material for another, while recycling the waste so generated becomes less expensive. Using geothermal facilities to generate zero emission renewable energy as an alternative to fossil fuel power generation, evolution of products and services using new or enhanced competencies, public policy innovations and alteration of consumption patterns form a valuable part of a country’s sustainability vision. Ultimately, corporations or world's enterprises are the only entities that have the resources, technology and global reach to attain sustainability. This step forward
requires a business sense that moves beyond social, ethical and political constraints in attaining sustainable development.
Seeking Corporate partnership in the upkeep of the environment.