- The word ‘stewardship’ means to take care of something, and the term ‘product stewardship’ is a principle for equitably sharing responsibility to address negative product impacts – this principle spans across a product’s entire life cycle and value chain, all the way from manufacturing to end-of-life management and material recirculation.
- Product stewardship activity seeks to coordinate fit-for-purpose interventions to address negative impacts and market failures across a product’s life cycle and value chain with everyone who can and should make a difference.