The Environmental Product Declaration (EPD) provides clear and consistent information on the environmental impact of any product or material throughout its life cycle. The Environmental Product Declaration must be drawn up following the standards EN 15804 and ISO 14025, which lays down a common methodology for assessing the effects of products on the environment and human health. The Life Cycle Assessment (LCA), according to the ISO 14040 and 14044, is the tool to have the EPD documentation compliant with the reference standards.
EPD's are very often used in the case of green public procurement (GPP) and building sustainability assessment systems such as BREEAM, LEED or DGNB. EPD sustains the transition to a low carbon market by directly comparing different materials and products. Therefore, the EPD promotes product awareness and competitiveness in local and international markets, supporting a more sustainable market differentiation.
Ekodoma Ltd. performs company's carbon footprint calculation and develops greenhouse gas protocol. Carbon footprint for companies, or any other entities, describes the environmental efficiency of the business, depending on the amount of the total greenhouse gases (GHG) in terms of carbon dioxide equivalent (CO2 eq) generated. An entity is defined as any type of GHG source associated with individuals, companies, organization, areas, products, or projects. Developing a carbon footprint for a company represents an essential step towards setting and reaching its climate neutrality goals.
Ekodoma also performs Product Life Cycle Accounting following the latest standards from the Greenhouse Gas assisting businesses in identifying the complete life cycle emissions of a product and concentrating efforts on areas with the highest potential for GHG reduction.
Moreover, Ekodoma can help business to develop their Corporate Sustainability Reports/ESG reports/Report on Responsible Business Conduct by conducting materiality assessments using specific GRI frameworks and other reporting structures as Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD).
What is the assessment of the product's life cycle?
The Life Cycle Assessment (LCA) is a widely recognised and well-defined methodology to measure the environmental impact of a product or service throughout its entire life cycle. An LCA study identify inputs and outputs at each stage of a product's life cycle in a cradle-to-grave approach from the extraction of all necessary raw materials to the final disposal or re-use (see figure below). Thus, all the potential environmental impacts on the entire product value chain can be estimated.
Today the LCA methodology is a standardized, ensuring its reliability and transparency. Currently, the LCA methodology is standardized by two international standards, namely ISO 14040:2006 and ISO 14044:2006.
The first phase of the E-LCA is the description of the goal and scope, which includes defining the aims of the study and setting the system boundaries. The second phase, called inventory analysis, compiles inputs and outputs for each process in the life cycle and sums them across the whole system. In the third phase, known as life-cycle impact assessment (LCIA), emissions and resources are grouped according to their impact categories and converted to standard impact units to make them comparable. The final phase is the interpretation of the inventory and impact assessment results to answer the study's objectives.
LCA approach provides the instrument to quantitatively evaluate the potential environmental consequences of specific strategic choices and decisions within a product design.
How much will the service cost?
The cost of both services depends, respectively, on the size and type of the product or business, and the amount of materials and services to be covered. Before determining costs, the purpose of the service and the areas to be covered are defined. The offer is then prepared.