What are the main phases included in a Life Cycle Analysis?
The main phases in a Life Cycle Analysis are goal and scope definition, inventory analysis, impact assessment, and interpretation.
What are the benefits of conducting a Life Cycle Analysis?
Conducting a Life Cycle Analysis identifies the environmental impacts of a product from cradle to grave, improves resource efficiency, supports regulatory compliance, and informs sustainable decision-making. It helps optimise processes, reduce costs, and enhance a product's marketability by demonstrating environmental responsibility.
How is Life Cycle Analysis different from Life Cycle Costing?
Life Cycle Analysis (LCA) evaluates the environmental impacts of a product or system across its entire life cycle, from raw material extraction to disposal. Life Cycle Costing (LCC), on the other hand, focuses on the total economic cost, including initial investment, operation, maintenance, and disposal costs.
What industries commonly use Life Cycle Analysis?
Industries commonly using Life Cycle Analysis include manufacturing, automotive, electronics, energy, construction, and consumer goods. They apply LCA to assess environmental impacts from all stages of a product's life, helping improve sustainability and regulatory compliance.
What is included in the inventory analysis phase of a Life Cycle Analysis?
The inventory analysis phase of a Life Cycle Analysis includes data collection and calculation procedures to quantify relevant inputs and outputs of a product system. This encompasses resources consumed, energy utilised, emissions to air, water, and soil, and any wastes generated throughout the product's life cycle.