With a life cycle assessment, you can improve your environmental footprint and report on it

The issue of sustainability is increasingly becoming a focal point in society. Our experience shows that the financial sector is also increasingly taking center stage. A good example of this is the financing of startups, as a sustainability report must be prepared even during the initial phase (Stage 1) of production. The sooner systems such as sustainability management—coupled with environmental management—are implemented within the company, the easier it will be to meet all political and societal requirements as the company grows.

We are happy to assist you in preparing a life cycle assessment, which serves as the basis for a sustainability report and is a component of certification according to DIN EN ISO 14001. Life cycle assessment ensures transparency within your own company by collecting key performance indicators, evaluating them, and developing countermeasures. The results are then incorporated into the sustainability report.

A phased approach is recommended for preparing a life cycle assessment. In Phase 1, specific goals are formulated and defined within the scope of the study. In the subsequent phase, the life cycle inventory is compiled. This involves collecting all data related to emissions and resource extraction that occur or have occurred in operational processes (inputs, outputs, intermediate products, or residues). The impacts of the emissions are assessed in the third phase. This requires the correct selection of an appropriate impact assessment method, through which all emissions are converted to CO₂ equivalents. The final, fourth phase is the evaluation. Assessments of completeness, sensitivity, and consistency are key components. In life cycle assessment, agile approaches are also a fundamental requirement, enabling the phases to be repeated, refining the content in the process and gaining new insights.

Please contact us—we’d be happy to advise you!