CSR and Sustainability Strategy
Future Proof product thinking
In a world where natural resources are getting scarcer, and environmental pollution has led to dramatic climate change effects, every company in product development and manufacturing has to review its approach. TP Vision has developed a principle that will enable TP Vision to further integrate sustainability in its business and products: Future Proof. The focus of this principle is aimed at investments in sustainable packaging, products, supply chains and revenue streams. At the same time, the company’s efforts regarding social impact and governance are part of this principle, making the business, environment and society at large more future proof.
What Future Proof means for our daily way of working
Future Proof is part of TP Vision’s overarching sustainability program and refers to both ‘planet’ as well as ‘people’ aspects of sustainability. While we see the people aspect as a license to operate, the planet dimension of Future Proof – which is about the management of resources – also has the potential to give us competitive advantage as it enables us to enhance customer value through our products and services. Future Proof thinking is an actionable framework to embed a circular way of working in our organization. We do so by bringing a sustainable perspective in the decision-making process around product design, manufacturing and business model evaluation. By thinking about the complete product life cycle early in the product and service development process, we can design our products, packaging, accessories and services in such a way that they have significantly less environmental impact throughout their life cycle, at the same time adding customer value where possible.
The six principles of Future Proof product thinking
Balance must be maintained between business benefits (customer value) and societal benefits (environmental value). Only by continuously making this trade-off, can we build a healthy and growing business at the same time as making a positive impact on the planet. Future Proof thinking follows the principles of the circular economy: an economy that uses resources in a closed loop without value loss. We distinguish six principles that help to minimize unnecessary usage of resources and reduce unnecessary landfill.
