What is Product Stewardship?
Product stewardship is an integrated business process for identifying, managing and minimizing the environmental, health and safety (EHS) impacts at every stage of a product’s life cycle.
At Huntsman, product stewardship demonstrates our commitment to responsible EHS management through active assessment of our products at every stage in their life cycles, from the sourcing of raw materials, through manufacture and use, to eventual disposal. This involves working very closely with our customers, suppliers and others in the supply chain to ensure that they understand the EHS opportunities relating to our chemicals.
Product stewardship is not new, but it is an important aspect of the EHS management programs launched by many national chemical industry associations worldwide. At Huntsman, product stewardship has been given sharper attention as one of seven strategic focus areas of our 20:20 Vision, a 10-year EHS strategy aligned with our rapidly evolving business needs and the dynamic markets in which we operate.
Why is it Important?
We believe that an effectively managed product stewardship process shows our commitment to EHS management and enables us to meet the increasing demands for safer and more environmentally sustainable products. The product stewardship process adds value to our products by minimizing the risk of harm to both mankind and the environment, reducing the risk of marketing a defective product and, in consequence, reducing potential liabilities.