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With our Life Cycle Research Highlights we are putting a spotlight on open access papers we feel deserve special attention! Each month, we highlight four papers that we consider innovative, insightful and well written. Support us in identifying great research and submit a paper for consideration by our selection committee here. Subscribe to our dedicated project newsletter and receive our summaries each month directly in your mailbox!

Economic Indicators for Life Cycle Sustainability Assessment: Going beyond Life Cycle Costing

Authors: Vivek Arulnathan, Mohammad Davoud Heidari, Maurice Doyon, Eric P. H. Li, Nathan Pelletier,

Journal: Sustainability

Our Summary:

The article emphasizes the need to establish a broader framework for addressing the economic dimension of LCSA. Accordingly, the Environmental LCC approach is incorporated to assess all internal and external costs associated with a product's life cycle, including monetized externalities. The review resulted in 21 indicators, with a high level of measurability and usability, grouped into six economic impact categories: profitability, stability, autonomy, productivity, customers, and innovation. Therefore, this catalogue provides decision-makers with a diverse representation of economic performance.
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