Definition Life Cycle Assessment (LCA) has become a major tool for sustainability accounting among businesses and corporations. LCA evaluates the environmental burdens of each product, process, and activity of a business. It quantifies materials and energy used, wastes produced, and their impacts on the environment. It goes from "cradle-to-grave" or "cradle-to-cradle" if recycling and re-use are part of the process. LCA includes extraction, processing, manufacturing, transport, distribution, use, reuse, recycling and final disposal. LCA complements risk assessment and technology assessment in the green business toolkit.
Keywords product stewardship, resource and environmental profile analysis (REPA), cradle-to-grave analysis, cradle-to-cradle analysis, ecobalance (Europe), waste audits, environmental impact assessment, technology assessment, risk assessment, LCA, material goods
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