Holistic Sustainability Impact Assessment

Holistic Sustainability Impact assessment

• LCA (ISO 14040–44): Life Cycle Assessment evaluates the environmental impacts of a solution across its entire life cycle, helping determine how it can improve sustainability, reduce emissions, and support climate-mitigation and adaptation goals

• Social-LCA (ISO 14075): Social Life Cycle Assessment examines how a solution affects workers, communities, and other stakeholders throughout its life cycle, identifying social risks and benefits to ensure sustainability gains are shared by all relevant actors.

• Economic and financial assessment (TEA, LCC, or CBA – as relevant):
  Depending on the maturity of the solution and the decision-making context, one of the following approaches is applied:

  • Techno-economic assessment (TEA): evaluates technical feasibility, production pathways, scalability, and market competitiveness, with a focus on cost structures and performance parameters.

  • Life Cycle Costing (LCC): assesses all costs incurred over the solution’s life cycle, including capital expenditure, operation, maintenance, and end-of-life costs, from the perspective of one or more stakeholders.

  • Cost-Benefit Analysis (CBA): compares total costs and benefits, including socio-economic and environmental externalities where possible, to determine the net value of the solution for society or specific decision-makers.

• Trade-offs and synergies analysis:
  An integrative analysis identifies trade-offs and synergies across environmental, social, and economic dimensions, supporting transparent decision-making and helping align sustainability performance with strategic and policy objectives.