Outlook: Role of Environmental Life Cycle Costing in Sustainability Assessment

2008 ◽  
pp. 191-196
2021 ◽  
Vol 13 (7) ◽  
pp. 3856
Author(s):  
Rebeka Kovačič Lukman ◽  
Vasja Omahne ◽  
Damjan Krajnc

When considering the sustainability of production processes, research studies usually emphasise environmental impacts and do not adequately address economic and social impacts. Toy production is no exception when it comes to assessing sustainability. Previous research on toys has focused solely on assessing environmental aspects and neglected social and economic aspects. This paper presents a sustainability assessment of a toy using environmental life cycle assessment, life cycle costing, and social life cycle assessment. We conducted an inventory analysis and sustainability impact assessment of the toy to identify the hotspots of the system. The main environmental impacts are eutrophication, followed by terrestrial eco-toxicity, acidification, and global warming. The life cycle costing approach examined the economic aspect of the proposed design options for toys, while the social assessment of the alternative designs revealed social impacts along the product life cycle. In addition, different options based on the principles of the circular economy were analysed and proposed in terms of substitution of materials and shortening of transport distances for the toy studied.


2011 ◽  
Vol 3 (11) ◽  
pp. 2268-2288 ◽  
Author(s):  
Erwin M. Schau ◽  
Marzia Traverso ◽  
Annekatrin Lehmann ◽  
Matthias Finkbeiner

2021 ◽  
Vol 13 (4) ◽  
pp. 1607
Author(s):  
Najat Omran ◽  
Amir Hamzah Sharaai ◽  
Ahmad Hariza Hashim

The Malaysian palm oil is an important source of social development and economic growth in the country. Nevertheless, it has been accused of conducting unsustainable practices that may affect the sustainability of this industry. Thus, this study aims to identify the level of sustainability of crude palm oil (CPO) production. Environmental impacts were assessed using the International Organization for Standardization (ISO) standardized life cycle assessment (LCA). Economic impacts were evaluated using life cycle costing (LCC). Social impact assessment was identified based on the UNEP/SETAC Guidelines for social life cycle assessment (S-LCA). Life cycle sustainability assessment (LCSA) was used to combine three methods: LCA, life cycle costing (LCC) and S-LCA using the scoring system method. Finally, a presentation technique was developed to visualize the LCSA results. The results show that crude palm oil production requires more improvement to be a sustainable product. The study feasibly enables the decision-makers to understand the significant environmental, economic, and social hotspots during the crude palm oil production process in order to promote palm oil production.


Author(s):  
Godwin Adie Akeke ◽  
Melody Sunday Osok ◽  
Clifford Ugochukwu Nwoji

This work presents a study of sustainability assessment of building life cycle (LCC). The analysis was conducted, information model developed. The LCC analysis was forecast for 50 years with the following discount rates 4%, 5%, 6%, 8%, 10%, 12% and 13%. The result showed, the lower the discount rates the higher the cost value and via vasa. The product of net present value (NPV) is > 0, indicating a significant benefit at the end of the study period. The construction cost was 73% of the total forecast costs of the building while operation, maintenance/repair, replacement and decommissioning cost ranks 2%, 8%, 13% and 4% respectively of the building costs. The total forecast life cycle costs ranked 30.24% of the construction cost. The energy costs contributed 54.78% of the total forecast cost. The energy costs were the most cost incurring factor, the use of alternative sources of power supply such as solar will serve as the best and more cost friendly alternative source of energy. The decommissioning costs at the end of CICC building life cycle stand at ₦355,807,000. The study explains a practical analysis on how a life cycle costing of Calabar International Conference Center project was analysed and forecast for a period of 50 years using different discount rates.


Solar Energy ◽  
2019 ◽  
Vol 192 ◽  
pp. 238-262 ◽  
Author(s):  
Alex Ximenes Naves ◽  
Camila Barreneche ◽  
A. Inés Fernández ◽  
Luisa F. Cabeza ◽  
Assed N. Haddad ◽  
...  

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