Sustainable Development Strategy for Business
Sustainable development is currently one of the key objectives of the European Union, national governments and societies as a whole. But how can companies identify the
- environmental,
- social,
- economic
challenges inherent in their daily activities and address these in their development strategy ?
Life Cycle Assessment (LCA) is a powerful tool that enables companies to respond to these challenges by providing insight on the following questions :
- What are the environmental impacts of the company’s activities ?
- How can the company’s activities become more sustainable ?
- How can the company best achieves previously fixed objectives such as the reduction of Greenhouse Gases ?
LCA is a standardized method for the evaluation of environmental performance and quantifying impacts of products or services. LCA guides companies in the set up and implementation of a comprehensive environmental strategy and produces the data necessary to communicate the achieved results.