What is a Life Cycle Analysis?

What is a Life Cycle Analysis?

Life cycle analysis is an assessment method used to identify, report and manage the environmental impacts of a product or service at every stage of its life cycle, starting from raw material procurement, through production, shipment, use and waste disposal after use.

Used in complex decision-making processes, life cycle analysis is an analytical-based and inclusive method that takes into account components such as the use of natural resources and causing environmental problems, as well as parameters such as cost, performance, etc. in the development process of a product, process, investment, project or strategy.