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Title Life Cycle Sustainability Analysis for Circular Economy
ID_Doc 4309
Authors Ferreira, VGL; López, JIT
Title Life Cycle Sustainability Analysis for Circular Economy
Year 2019
Published
Abstract A Life-Cycle Sustainability Analysis is a complex assessment that requires time, expertise and quality data. Decision-making boards of industries required live data to manage their business. Although planned changes can be made pursuing innovation and sustainability within a wide timeframe, daily decisions are often driven just by economic indicators. However, many industries are already implementing systems, simple or complex, that allow them to obtain some environmental or social information related to their activities aware that not only economic value fosters the circular economy that our planet needs. Key performance indicators are excellent information suppliers that can be defined either in the economic, social or environmental areas of a sustainable analysis. Willing to develop a methodology easy to apply in existing decision-making panels that incorporate social and environmental indicators to fill the gap of sustainability analysis, this research group is exploring new protocols and procedures to define customized key performance indicators. The inclusion of key performance indicators based on Life Cycle Assessment in existing management panels will serve as a tool to make the commitment of our European industries with a circular economy come true.
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