As we live in a world of limited resources, the transition from a linear economic model to a circular model is crucial. The Circular Economy (CE) paradigm aims to maintain material continuity through the cycle of production, consumption and recycling. The Digital Product Passport (DPP) is currently recognised as a critical instrument for advancing CE, serving as a comprehensive digital repository for product lifecycle information. The DPP paradigm fosters transparency and traceability. However, so far there is no agreed-upon standard for technically representing and expressing DPPs. This paper aims to provide a comprehensive analysis of the requirements of a general (cross-sectoral) DPP, and to discuss the representation of a core DPP model. We propose to express this in the form of an ontology network, i.e., a formal model serving as a “translation layer” from raw data to interpreted information, along with SHACL shapes for increased data quality and validation. Despite existing research on DPPs, a comprehensive tool enabling this transition into using DPPs is yet to be developed, making this paper a pioneering exploration into the modelling of a DPP core ontology.