Composite materials, pioneered by aerospace engineering due to their lightness, strength, and durability properties, are increasingly adopted in the high-performance automotive sector. Besides the acknowledged composite components’ performance, enabled lightweighting is becoming even more crucial for energy efficiency, and therefore emissions along vehicle use phase from a decarbonization perspective. However, their use entails energy-intensive and polluting processes involved in the production of raw materials, manufacturing processes, and particularly their end-of-life disposal. Carbon footprint is the established indicator to assess the environmental impact of climate-changing factors on products or services. Research on different carbon footprint sources reduction is increasing, and even the European Composites Industry Association is demanding the development of specific Design for Sustainability approaches. This paper analyzes the early strategies for providing low-carbon aerospace and automotive composite components by design. The goal is to enable design approaches that consider the material life cycle from product and process design, material selection and fabrication, to eventual recycling and reuse. The investigation includes the design approaches and tools, and the aspects concerning ultimate trends of materials development, shapes generation, and manufacturing processes. Among these, we discuss the potential role of emerging technologies such as digital intelligence, Biocomposites, biomimicry, generative AI, and additive manufacturing. The aim is to identify the framework of possible drivers for Design for Sustainability approaches, rethinking lightweight products lifecycles and highlighting the resulting challenges and future developments. Moreover, as practical examples, a few innovative cases are provided to prove the effective potentials of such guidelines. The conclusive remarks discuss the advantages and disadvantages of the design drivers and the need for assessment and validation through vehicle Life Cycle Assessment approaches.