Product Life Cycle

Many of our products are built to operate for 15 to 20 years. Designing them to meet current and future regulations adds value for our customers today while helping them prepare for the more stringent regulatory environments to come. By 2020, our goal is to perform a life cycle assessment (LCA) on 100% of new products to understand and look for ways to reduce their environmental impact.

The Ingersoll Rand Product Development Process (IRPDP) standardizes life cycle considerations in product development to ensure we are meeting customer needs, assessing risk, embedding sustainability and developing intellectual property. IRPDP modules can be applied at various product development stages. In 2018, IRPDP has generated or improved more than 115 product development projects.

In phase 2 of IRPDP, the product team identifies environmental, health and safety (EHS) risks or sustainability considerations in complying with related codes that affect the product. Both our extensive (full) LCAs and our streamlined LCAs cover product impacts from cradle to end-of-use, including all stages – raw materials, manufacturing, use phase and end of use.

Product Life Cycle/Product End-of-Use Data

% of new products receiving LCA by EOY 2018

21%

 

Management Approach

2020 Target

Perform an LCA on 100% of new products.

Oversight

Our senior vice president and chief technology officer oversees the product development process including engineering, innovation, product development and growth strategy.

Approach

As part of the IRPDP, our Product Footprint Study tool – a streamlined LCA – addresses material use and allows for a comparison between design scenarios. By incorporating the life cycle considerations during the design phase, we identify and implement other environmental impact reductions that include packaging, recycling, and manufacturing improvements.