The launch of the Digital Product Passport (DPP) presents a valuable opportunity to establish a system capable of storing and sharing all relevant information throughout a product's entire life cycle. This system would enable industry stakeholders, companies, public authorities, and consumers to gain deeper insights into the materials used in products, as well as their overall environmental footprint. In 2020, the European Commission (EC) introduced a new Circular Economy Action Plan (CEAP), highlighting the importance of circular economy initiatives that address the entire life cycle of products, from raw material production to end-of-life disposal. The DPP will serve as a crucial regulatory component under the Ecodesign for Sustainable Products Regulation (ESPR), enhancing product traceability. This, in turn, will provide both consumers and manufacturers with the information necessary to make more informed decisions, considering environmental impacts. This article takes a bibliographic review approach, combined with a systematic bibliographic review, in which articles published in the last two decades were analysed. This study serves as an initiative to identify the environmental impacts that the textile and clothing sector have on the environment; to analyse the measures proposed by the European Commission to change this behaviour; to evaluate the implementation of digital product passports in the textile/clothing sector; to carry out a survey of the advantages and disadvantages that the DPP provides directly to the consumer and to companies and finally to discuss the potential information and data that should be contained in a DPP for a textile product.