Measuring Sustainability Flashcards

1
Q

LCA

A

Life cycle assessment or analysis. A systematic analysis of the potential environmental impacts of products or services throughout their entire lifecycle.

Aspects:
- Social
- Environmental
- Economic

Full Lifecycle Assessment is expensive.

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2
Q

SLCA

A

Social Life Cycle Assessment

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3
Q

LCC

A

Life Cycle Costing

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4
Q

Cradle to Grave

A

From Material Extraction, Material Manufacturing, Product Manufacturing, Use Stage to End-of-Life (Waste)

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5
Q

Cradle to Cradle

A

Ecological Loop: From Material Extraction, Material Manufacturing, Product Manufacturing, Use Stage back to Material Extraction

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6
Q

Cradle to Gate

A

From Material Extraction, Material Manufacturing, Product Manufacturing to the Use Stage (Usage is not considered, easier to calculate)

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7
Q

DIN ISO 14040/14044

A

Norm for Life Cycle Assessment.

Lifecycle Assessment can help to identify opportunities to improve the environmental characteristics of products at various stages of their life cycle.

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8
Q

What is ESG?

A

ESG addresses many topics and stakeholders.

ESG represents the company’s efforts to systematically assess, manage, and monitor risks of material potential impact to the strategic and financial decisions of the company

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9
Q

ESG Criteria

A
  • Environment
  • Social
  • Governance
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10
Q

ESG Environment

A
  • Reducing the impact of
    business activities on climate
    change
  • Protection of natural resources
  • Increasing the efficiency of
    resource use
  • Implementation of a circular
    economy

etc.

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11
Q

ESG Social

A
  • Respect for human dignity and compliance with human and employee rights
  • Safe and ergonomic workplace design
  • Non-discrimination
  • Diversity

etc.

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12
Q

ESG Governance

A
  • Publication of the company’s relevant values and guidelines
  • Compliance with the relevant laws and regulations
  • Legally compliant payment of taxes
  • Transparent documentation of the processes for managing and controlling the company

etc.

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13
Q

Certifications

A

Blue Angel, ÖkoTrend ESG, cradle-to-cradle etc.

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14
Q

Braungart’s Cradle-to-Cradle

A

Biological Cycle (Production, Product, Use, Biodegradation, Biological nutrient, Plants)

Technical Cycle (Production, Product, Use, Takeback, Disassembly, Technical nutrient)

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