The compilation and evaluation of the inputs, outputs and potential environmental impacts of a product system throughout its life cycle. Life cycle thinking is based on the analogy that products and services have their own life cycles from cradle to grave, consisting of resource acquisition. It covers production/processing, distribution, use and end-of-life (recycling/upcycling).
Product life cycle analyses generally aim to provide benefits in four areas.
LCA is an accounting or operational tool that collects product and process input and output data. Either way, through the insights and data generated, LCA creates added value in the following ways:
In addition to the outputs you will obtain for products and services as a result of Product Life Cycle studies, you can document compliance with international standards and share them with your beneficiaries. The contents of these standards are determined as ISO14040 and ISO14044 in the world.
You can probably name everyone if you think they might be interested in learning more about your company’s impact.
For example, HR managers might argue that potential candidates find it interesting to learn more about the environmental footprint of their future employer.
But LCA is a very specific analysis. It provides the groundwork for any sustainability or CSR strategy within a company. This is because you can only make decisions about what you have already measured.
According to our data, the following 4 departments in your company can take immediate action based on an LCA.
departments should be involved in this process.
In the first phase of our LCA, we define exactly what we want to analyze and how deep we want to go with our analysis.
Life Cycle Inventory Analysis (LCI) is essentially the data collection phase of our LCA. It looks at the environmental inputs and outputs of our product or service.
So far, we have defined what we want to measure and collect in phase 1. We then collected and structured the data in phase 2.
In phase 3, we assess how significant the impacts are. This is based on our Life Cycle Inventory flows from phase 2.
As mentioned earlier, we can always interpret our results during the evaluation.
This means that interpretation does not necessarily have to take place at the end.