 Strategic sustainability: Creating business value with life cycle analysisHolger Buxel, Gökçe Esenduran and Scott Griffin Business Horizons, 2015, vol. 58, issue 1, 109-122 Abstract: Markets are increasingly demanding more sustainable products and services, as well as more information about the environmental qualities of the products and services they use. To meet market expectations, modern management needs powerful tools that can create an understanding about the environmental traits of products and services and how these products and services can be made more sustainable. The environmental life cycle assessment (LCA) approach is one such powerful tool that can evaluate the environmental aspects and impacts of a product or service from cradle to grave. While LCA was originally designed to support decisions in the environmental engineering area, it is a tool that can also be used managerially to develop valuable and fact-based sustainability strategies within the company regarding its products and services. Recent examples from industry leaders report exciting evidence of the power of LCA. This article introduces the LCA method as a management decision tool, and illustrates its value creation potential through multiple industry examples. Keywords: Strategy development; Sustainability; Product management; Life cycle assessment; Business development tools (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:58:y:2015:i:1:p:109-122 DOI: 10.1016/j.bushor.2014.09.004 Access Statistics for this article Business Horizons is currently edited by C. M. Dalton More articles in Business Horizons from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.