Executive Summary
Climate Change, Digitalization, Industry 4.0, Internet of Things are drivers of change that generate new challenges as well as new opportunities for producing industries. The Live LCA solution will provide quantified sustainability information and cost transparency for each specific product and any production step. This results in improved economic and environmental performance.
Combining LCA and MFCA
The Live LCA solution will combine the methods Life Cycle Assessment (LCA, product view) and Material Flow Cost Accounting (MFCA, production view) and include live data for energy use, material consumption and waste generation.
Live Data and Full Cost Transparency
This enables full transparency where energy and material costs arise within the production system as well as live and automated LCA. This combination is the basis for energy and material efficiency, risk assessments, sustainability improvements and product development.