Life cycle assessments are currently primarily used in the context of product evaluations, but have not yet been established in the context of company valuations.
However, various initiatives have recommended working in the business environment and studying the carbon and water footprint. The results serve as the basis for a definition of company-related life cycle assessments. In this context, a project was launched last year by the International Organisation of Standardisation (ISO) with the aim of developing a recognized standard (planned: ISO 14072).
The aim of the flagship project is to show that the application of the life cycle approach is relevant, meaningful and also possible for businesses. The goal is to publish a manual that shows how the value chain for company-related life cycle assessments can be taken into account. The manual should both reflect ISO 14072 and include a practical directive that is applicable to all sectors. Applicability tests are done during stakeholder and expert consultations and in field studies at 10 different organizations.
Further information can be found at the following link:
In cooperation with: UNEP – SETAC and Prof. Atsushi Inaba (Kogakuin University, Japan)
Prof. Dr. Matthias Finkbeiner
Room Z 103
Phone +49 (0)30 314-24341