Life-cycle assesment and life-cycle costing

Bionova offers life-cycle assessment, life-cycle costing, carbon and water footprinting as a professional service as well as as a software cloud service via the flexible and customisable One Click LCA platform. 

Life Cycle Assessment (LCA) is a method that allows establishing the environmental impacts of a product, a service or an investment good such as a building or an infrastructure project during its entire lifecycle from raw materials to final disposal, or a subset of the lifecycle. Life Cycle Assessment is intended to measure overall environmental performance and avoid burden shifting. This allows improving overall environmental performance, when the essential environmental impacts are identified. Full Life Cycle Assessment takes into account various categories of environmental impact. Simplified LCA can be focused on a single environmental impact category, such as carbon or water footprint.

Carbon footprint means the climate impact of an organisation, product or a service, e.g. the greenhouse gases arising out of the activity. The carbon footprint serves as a measurement and management tool for detecting emission sources and cost saving opportunities. The results can be also used in strategic and operative planning, procurement, personnel management and environmental communication and marketing. Carbon footprint also serves as a value chain efficiency indicator.

Water footprint tells the amount of water consumed in the activity of an organization or consumed and embedded in the production of a product or a service. Water footprint consists of all water used and embedded in the production of raw materials, such as crops, or in processing such as manufacturing and assembly. Different types of water resources and different geographical regions of water consumption are separated; also any water purification is accounted for.

Life Cycle Costing (LCC) is the economical approach to life cycle performance. In Life Cycle Costing all the costs incurred during a lifecycle of a product or a service are identified, accounted and categorized. Life cycle costing can be used in making investment decisions, product development, marketing and in mapping value chain environmental and energy risks.