- The European Commission has introduced the Ecodesign for Sustainable Products Regulation (ESPR) to promote sustainability and reduce environmental impact in product design and manufacturing.
- The ESPR aims to make products more sustainable, durable, repairable, recyclable, and energy-efficient, covering a broad range of items beyond energy-consuming products.
- It introduces the concept of Digital Product Passports (DPP) to track product information throughout its lifecycle, enhancing transparency and enabling informed decision-making.
- Key timelines include the establishment of the Ecodesign Forum, adoption of the first ESPR Working Plan, and implementation in the coming years.
- While the regulation does not explicitly mention e-invoicing or Continuous Transaction Control (CTC), the evolving DPP may impact supply chain practices, potentially requiring integration with product tracking information in documents like invoices. Alignment with digitalization trends is expected.
Source Pagero
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "European Union"
- Comments on ECJ C-232/24 (Kosmiro): Where does credit end and debt collection begin?
- ViDA Public Debate: Summary of Implementation Dialogue with Commissioner Hoekstra (European Commission Website)
- CEN Approves Revised EN 16931: A Milestone for ViDA Implementation
- General Court T-638/24 (D GmbH) – AG Opinion – VAT on Intra-Community Acquisitions Not Precluded by Errors
- Commission Backs Italy’s VAT Derogation on certain vehicles Through 2028
