For businesses today, LCA analysis is an essential part of staying competitive in an increasingly complex global market. By understanding the product’s full environmental impacts from production through end-of-life disposal, businesses are able to identify opportunities for improvement as well as areas where they need to make changes in order to remain compliant with regulations concerning sustainability and emissions.
Businesses must decide what products or services they want to analyse, specific questions they want addressed by the analysis such as “What environmental impacts are associated with this product?”, and the functional unit which is the basis of comparison for all data.
Businesses must decide what products or services they want to analyse, specific questions they want addressed by the analysis such as “What environmental impacts are associated with this product?”, and the functional unit which is the basis of comparison for all data.
Businesses use the Sustainability SaaS platform to convert resource consumption into environmental emissions, quantify potential human health risks posed by hazardous substances released to the environment and rate environmental relevance.
Involves setting up a circular active system of summarizing the findings of the LCA, comparing them to similar products or services and using this information to identify opportunities for improving the product or service’s environmental performance. By understanding how their operations impact the environment, businesses can use LCA as a tool to make informed decisions that reduce their environmental footprint while gaining a competitive advantage in today's sustainability-conscious market.
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