What are Environmental Product Declarations and why are they important?
If you're in the construction industry, then you know that sustainability is a hot topic. More and more, customers and clients are interested in working with companies that share their values of minimizing impact on the environment. One way that construction companies can show their commitment to sustainability is by obtaining environmental product declarations, or EPDs. But what are EPDs? And why are they important? Here's a breakdown.
An EPD is a report that provides transparent and standardized information about the life-cycle environmental impact of a product. In other words, it's a way for companies to measure and declare the environmental impacts of their products throughout the entire product life cycle, from raw material extraction to manufacture to distribution and disposal.
EPDs are important because they provide customers with comprehensive, unbiased information that they can use to compare products and make informed decisions about their purchases. They also help companies track their progress over time and set goals for continued improvement.
There are many benefits of working with suppliers who share your commitment to sustainability. For one, it's good for business: companies that focus on sustainability often outperform their peers financially. What's more, sustainable sourcing can help you build strong relationships with your suppliers. After all, you're both working towards the same goal: a healthy planet. And finally, sustainable sourcing is simply the right thing to do. It's good for people and good for the planet.
In the construction industry, EPDs are becoming the standard for measuring environmental performance. More and more contractors are specifying products with EPDs in their bids, and manufacturers are responding by making more of their products available with EPDs. B Corporation-certified manufacturers are leading the way in this area, as they are committed to using business as a force for good. B Corporations set the benchmark for innovation and excellence in the construction industry, and their leadership is helping to create a more sustainable built environment.
Environmental product declarations are becoming increasingly important in the world of business as consumers demand more sustainable products. EPDs provide transparent and comparable information about the environmental impact of products throughout their lifecycles, making it easy for businesses to compare the sustainability of different products and make informed decisions about what to source. Sourcing products with EPDs is good for business, good for relationships with suppliers, and simply the right thing to do—so it's no wonder that they're becoming the standard in the construction industry.