Consumer expectations are driving the prioritization of sustainability in product management. Over 60% of consumers are willing to pay more for eco-friendly products.
Sustainable practices lead to cost savings, regulatory compliance, and risk mitigation. Designing products with circularity in mind reduces dependency on scarce raw materials.
Products that harm the environment have negative impacts on communities, ecosystems, and climate change. Product managers have the power to make choices that positively impact the world.
Several companies, such as Patagonia, IKEA, Tesla, Unilever, Tata Power Solar, Jaipur Rugs, Bare Necessities, Forest Essentials, and Coconut Shell Crafts, have embraced sustainability as a core part of their product strategies.