Obsoleszenz

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To address planned obsolescence, protect consumers and boost the transition to a circular economy, in 2013 the European Economic and Social Committee (EESC) called for a total ban on products with built-in defects designed to prematurely end a product's life. It recommended that better information to consumers on the lifespan of products should be established. On the basis of this opinion – the first European text on this topic – the European Parliament voted in July 2017 on a resolution for a longer lifetime for products: benefits for consumers and companies.

30/11/2018
Event

The functional economy focuses on the use of a product rather than its ownership. Specifically, with the functional economy model, a company sells the right to use a product of which it maintains ownership. The famous example is Michelin, which no longer sells tires for fleets of company cars, but supplies "mobility services" consisting of repairing, retreading and in some cases exchanging tires. The economic outcome is that the company has an interest in making its products last as long as possible because the price is based on usage (in this case, the number of kilometres driven) and thus in reducing waste.

08/06/2016