The Role of LCA in Industry
LCA serves several purposes in industry. It is a good learning process and a method of systematically handling and processing environmental information related to products. The application of LCA to accounting may also be used for decision-making in various situations, such as purchasing, product development, or the development of a company’s environmental strategy.
The use of LCA for communicating environmental achievements to interest groups is an important option. In many practical situations, LCA requires much time and effort, and more simple “rules of thumb” are needed. Some of these use Environmental Performance Indicators, the so-called EPIs. LCA can be used to full advantage to develop EPI-based “rules of thumb.”
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