Economic Sustainability

Life Cycle Costing (LCC) is the economical approach to life cycle performance. In Life Cycle Costing all the costs incurred during a life-cycle of a product or a service are identified, accounted and categorized. Life cycle costing can be used in making investment decisions, product development, marketing and in mapping value chain environmental and energy risks.

Social Life Cycle Assessment (S-LCA) or social and socio-economic Life Cycle Assessment is a social impact (and potential impact) assessment technique that aims to assess the social and socio-economic aspects of products and their potential positive and negative impacts along their life cycle encompassing extraction and processing of raw materials; manufacturing; distribution; use; re-use; maintenance; recycling; and final disposal. S-LCA assesses social and socio-economic impacts found along the life cycle (supply chain, including the use phase and disposal) with generic and site specific data. It differs from other social impacts assessment techniques by its objects: products and services, and its scope: the entire life cycle. Social and socioeconomic aspects assessed in S-LCA are those that may directly affect stakeholders positively or negatively during the life cycle of a product. They may be linked to the behaviors of enterprises, to socio-economic processes, or to impacts on social capital. Depending on the scope of the study, indirect impacts on stakeholders may also be considered.

Sustainability is not only an environmental matter. We can assess the economic and social impacts of the project through Life Cycle Costing and Social-LCA analysis.

We are currently involved in different circular economy projects, providing strategic consulting and guidance on environmental matters.

We support companies in developing environmental declarations for communications and green marketing. An EPD® is an independently (third-party) verified and registered document that communicates transparent and comparable information about the life-cycle environmental impact of processes, products and services

Carbon footprint means the climate impact of an organisation, product or a service, e.g. the greenhouse gases resulting from their activity. The carbon footprint serves as a measurement and management tool for detecting emission sources and cost saving opportunities. The results can be also used in strategic and operative planning, procurement, personnel management and environmental communication and marketing. Carbon footprint also serves as a value chain efficiency indicator.

Water footprint tells the amount of water consumed in the activity of an organization or consumed and embedded in the production of a product or a service. Water footprint consists of all water used and embedded in the production of raw materials, such as crops, or in processing such as manufacturing and assembly. Different types of water resources and different geographical regions of water consumption are separated; also any water purification is accounted for.

Carbon footprint is the total amount of greenhouse gases emitted by an organisation, a product or a service. We support companies in accounting and reporting their carbon footprint according to all the applicable international standards and methodologies (GHG Protocol, PAS 2050, ISO 14067, ISO 14064).

We provide our experience for the critical review of LCA studies. This is a process intended to ensure consistency between a study and the principles and requirements of the applicable International Standards.