Sustainability-driven innovation is becoming essential as businesses face rising customer expectations for greener products, investor demands for responsible practices, and regulations supporting a circular economy. Addressing these pressures requires more than commitment – it demands smart strategies and effective tools that help businesses improve existing products, services or processes to align with sustainability objectives.
Stibo Systems Platform helps support sustainable product development across your value chain by bringing all your key datasets – like product data models, supplier details and customer data – into one place, making it easier to gain deeper visibility into product sustainability. With collaboration workflows and intelligent data models, your teams can promote sustainability-driven innovation across products, services and processes, foster supply chain transparency and work more effectively with suppliers.
When everyone in your organization has access to a consistent, high-quality data source through the Stibo Systems Platform, informed decision-making becomes the standard, and sustainability-driven innovation becomes achievable.
Evolving regulations create opportunities for sustainability-driven innovation. Policies like the European Union’s Digital Product Passport and the 2024 Ecodesign for Sustainable Products Regulation go further than waste reduction. They encourage businesses to develop circular products, adopt sustainable materials, and implement eco-friendly design practices to combat climate change.
Stibo Systems Platform supports these efforts by providing a data foundation for sustainability-driven innovation. By enabling access to critical sustainability information – such as materials traceability, product data and supplier impact – businesses can not only adapt to new regulations but also leverage them as a catalyst for developing greener products.
With the right data and insights, organizations can lead the way in sustainable transformation, design for circularity and create products that align with the global push for environmental responsibility.
Stibo Systems Platform provides a solid foundation of accurate and reliable data about products, materials, ingredients and packaging. This is the kind of data you need to power AI-driven innovation. High-quality data creates a strong and efficient data pipeline for AI, ensuring consistent and dependable information to train AI models. With this, your AI systems can become more accurate and reliable, leading to better outcomes and smarter solutions.
Take generative AI (Gen AI), for example. This technology can speed up product innovation in amazing ways. Imagine a beauty product company using a Gen AI model that’s trained on ingredients, raw material usage, research data, patents and past product trials. This AI could quickly identify the best ingredients for a new product, predict its potential benefits and even suggest formulas to try. While physical testing will still take time, research from McKinsey & Company shows that these AI tools can cut the research phase from weeks to just days. Plus, using this approach could reduce raw material costs by as much as 5% when developing products.
Driving innovation in sustainability requires clear insights into complex global supply chains, but this can be challenging with so many stakeholders and limited visibility into supplier practices.
Stibo Systems Platform provides visibility for key data entities such as products, ingredients, materials and suppliers throughout the supply chain, offering a clear view from source to customer. This visibility allows you to track material origins and product journeys, helping you identify potential risks related to suppliers, product categories and sourcing alternatives. With these insights, you can focus on driving innovation and developing more sustainable solutions with confidence.
The platform also strengthens collaboration with suppliers, enabling the co-creation of new ideas and practices. By improving sustainability across your network, you can drive meaningful innovation and build partnerships that align with both sustainability and business objectives.
Stibo Systems Platform drives innovation by centralizing sustainability data management into one system. By gathering key information – such assets, location compliance data and environmental impact metrics such as carbon footprint and greenhouse gas (GHG) emissions – it provides a clear foundation for developing new ideas and solutions.
With tools that provide the necessary data for sustainability reporting, the platform makes it easier to identify patterns, opportunities and areas for improvement. Additionally, it tracks key metrics and sustainability KPIs, helping you measure the impact of sustainability-driven innovation.
By organizing all your data and sustainability metrics in one place, Stibo Systems Platform simplifies processes, improves operational efficiency, and allows teams to focus on innovation rather than data reconciliation, helping your organization achieve its sustainability goals.