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Sustainability Product Portfolio: A Review
Blekinge Institute of Technology, Faculty of Engineering, Department of Strategic Sustainable Development. (Sustainable product development)
Blekinge Institute of Technology, Faculty of Engineering, Department of Strategic Sustainable Development. (Sustainable product development)ORCID iD: 0000-0002-7382-1825
2018 (English)In: European Journal of Sustainable Development, ISSN 2239-5938, E-ISSN 2239-6101, Vol. 7, p. 146-158, article id 4Article, review/survey (Refereed) Published
Abstract [en]

Many companies have identified the importance of sustainable innovation for long-term competitiveness and recognition but face difficulties in translating sustainability strategies into practical action. Some companies have shown an interest to include sustainability dimensions into their product portfolio, which can be an efficient way to communicate the sustainability performance of the products internally and externally and even speed up the development of more sustainable solutions. Our research aims to determine how a sustainability portfolio can be defined and how to assess portfolios from a sustainability perspective. A systematic literature review on sustainability product portfolio was conducted. The results indicated that a general portfolio setting follows a selection criteria and the company´s strategies, which usually are based on management elements, e.g., time, cost, risk, quality, etc., leaving behind sustainability variables. Most of the tools used for evaluation criteria miss the holistic view. The companies could benefit from a systematic approach to implementing sustainability into their product portfolio. The findings were connected with a previous study to evaluate a sustainability assessment approach used for a technology portfolio. For future work, a descriptive study will complement an understanding on how to guide companies to shape their sustainability product portfolios.

Place, publisher, year, edition, pages
2018. Vol. 7, p. 146-158, article id 4
Keywords [en]
Sustainable product development, sustainability portfolio, product planning, portfolio management, product portfolio
National Category
Production Engineering, Human Work Science and Ergonomics Environmental Management
Identifiers
URN: urn:nbn:se:bth-16970DOI: 10.14207/ejsd.2018.v7n4p146ISI: 000446113700013OAI: oai:DiVA.org:bth-16970DiVA, id: diva2:1245719
Conference
The 6th ICSD International Conference on Sustainable Development, Rome
Note

open access

Available from: 2018-09-05 Created: 2018-09-05 Last updated: 2019-12-18Bibliographically approved
In thesis
1. Integration of Sustainability Aspects in Product Portfolio
Open this publication in new window or tab >>Integration of Sustainability Aspects in Product Portfolio
2020 (English)Licentiate thesis, comprehensive summary (Other academic)
Abstract [en]

Several environmental issues are incrementing systematically, and many of them are linked to manufacturing activities. To mitigate these issues, it is necessary to develop sustainability solutions in the early stages of the innovation process, where there is room for creativity and innovation. The integration of sustainability at the strategic level of the company, where the essential decisions, the strategic plan, and the portfolio are developed, might ensure the implementation of sustainability aspects in products and services. Many companies develop product portfolios to organize and offer services, products, technologies and operations following the company strategy and targets. The portfolio components are assessed and selected using evaluation criteria. The most common criteria include: cost, quality, risk, revenue, time and market position. Usually sustainability is not included in the portfolio evaluation criteria.

The aim of this research is to obtain a better understanding of how sustainability can be integrated in the product portfolio development of manufacturing companies. The main research targets are to: 1) define sustainability product portfolio based on a comprehension of the academic and industry perspectives, 2) identify how companies currently implement sustainability in their portfolio, 3) determine which evaluation criteria and tools are used for portfolio development and 4) how the product portfolio is developed, implemented and managed.

A systematic literature review was performed to understand the state of the art about sustainability product portfolio. The literature review results supported the development of semi-structure interviews with companies and field experts. The interviews outcome provided a better understanding of the industry perspective. Afterwards, a workshop helped to understand what aspects are more significant for the portfolio evaluation criteria. Finally, a strategic sustainability assessment tool SLCA 2.0 was used to assess a technology product portfolio of a specific industry case.

The results from the studies created a foundation to: a) determine the state of art of the sustainability product portfolio field and its relevance for integration and implementation of sustainability in the early stages of the product innovation process, b) define the concept of sustainability product portfolio, c) have a better understanding of the setting and the application of the portfolio evaluation criteria and how to include sustainability in the evaluation, d) identify key factors to integrate and implement sustainability in the product portfolio, e) apply and test a tool for assessing a technology portfolio from a sustainability perspective and f) create a prototype of a model to develop  the product portfolio with a strategic sustainability perspective.

This research provides a knowledge foundation of how sustainability can be integrated in product portfolio. In future research a model will be developed to support companies of how to include a strategic sustainability perspective into their product portfolio to enhance development of more sustainable solutions.

 

Place, publisher, year, edition, pages
Karlskrona: Blekinge Tekniska Högskola, 2020. p. 157
Series
Blekinge Institute of Technology Licentiate Dissertation Series, ISSN 1650-2140 ; 2
Keywords
Product portfolio, sustainability product portfolio, sustainable product development, portfolio evaluation criteria, early design phase, strategic sustainability, strategic plan.
National Category
Other Environmental Engineering
Identifiers
urn:nbn:se:bth-19037 (URN)978-91-7295-398-7 (ISBN)
Presentation
2020-02-14, 09:30 (English)
Opponent
Supervisors
Note

Contact the author to receive a pdf of the full thesis (papers included): dcv@bth.se or telephone +46455385569

Available from: 2019-12-18 Created: 2019-12-18 Last updated: 2020-02-27Bibliographically approved

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Villamil, CarolinaHallstedt, Sophie

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