Number of years of useful life of the product provided by the organization (based on reasonable use).
Product Lifetime (PD4587)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Metric
- Metric Level Product/Service
- IRIS Metric Citation IRIS, 2021. Product Lifetime (PD4587). v5.2.
Footnote
Organizations should footnote the method used for estimating product lifespan. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture the useful life of the organization’s product. Product lifetime refers to the length of time for which it is estimated that the product will perform its intended functions, assuming reasonable use.
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Examples of methods for estimating product lifespan, to footnote, include research and development, field testing, and customer surveys.
Impact Categories & Themes
Cross Category
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
SDG Goals & Targets
Clean Water and Sanitation
- SDG Target 6.3
Decent Work and Economic Growth
- SDG Target 8.4
Industry, Innovation and Infrastructure
- SDG Target 9.1
- SDG Target 9.4
Sustainable Cities and Communities
- SDG Target 11.1
- SDG Target 11.2
- SDG Target 11.3
- SDG Target 11.5
- SDG Target 11.6
Responsible Consumption and Production
- SDG Target 12.3
- SDG Target 12.4
- SDG Target 12.5
- SDG Target 12.6
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
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March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
No change.
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September 2010 - IRIS v2.0 Released
New metric. Product Lifetime (PD4587) was developed via the IRIS Taxonomy Development Group.