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2. Stewardship Code of Practice
The Stewardship code describes the expectations of companies to responsibly manage their products beyond their transport to the next entity down the value chain, the supply of raw materials and the sale of services and technologies. It also covers the development of new products and services and their transfer to operations and/or full commercialization. It expects a full understanding and appropriate management of the full life cycle of products, processes and services.
It covers the following aspects of stewardship:
- research and development of new products, applications, services, etc.
- assessment of the hazards, risks and benefits of products and services over their life cycles
- communication of information to other parties along the value chain
- assessment, selection and retention of other parties along the value chain
- waste prevention and management along the value chain
- assessment and appropriate management of the results of historical practices with respect to products and wastes
- packaging management
- security of products and raw materials from deliberate misuse
- promotion of Responsible Care by name along the value chain
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