Business Pitch Dictionary by pitch.dog
Nature, resources & circularity · Core

Product life extension

Also called: life extension

ELI5

Increasing the useful life of a product through durability, repair or upgrade.

Used in conversation

“The sustainability report needs the method, exclusions and assurance status for product life extension.”

Pitch context

You will see “Product life extension” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches nature, resources & circularity.

Why it matters: In nature, resources & circularity, the reporting boundary, method, period and evidence can materially change the claim.

Caution

State the reporting boundary, method, period and evidence; standards, regulation and assurance requirements vary.

Sources & evidence · 3

Direct term-level sources and supporting source families.