Businesses can benefit from Life Cycle Assessments by reducing their energy and waste costs for processes and products. It implies that everyone in the whole chain of a product’s lifecycle, from cradle to grave, has a responsibility and a role to play.
By integrating the life cycle perspective in overall management and bringing product and process development in a more sustainable direction for increased savings.
Life cycle assessment determines the environmental impacts of products, processes or services, through production, usage, and disposal.
Life Cycle Assessment
A systematic set of procedures for compiling and examining the inputs and outputs of materials and energy and the associated environmental impacts directly attributable to the functioning of a product or service system throughout its life cycle.
Consecutive and interlinked stages of a product or service system, from the extraction of natural resources to the final disposal.
By integrating the life cycle perspective in overall management and bringing product and process development in a more sustainable direction, the business can harvest the benefits of environmental, occupational health and safety, risk and quality management, as well as developing and applying cleaner process and product options. Incorporating life cycle and sustainability management will improve image and brand value for both world market players as well as smaller suppliers and producers.