Digitalization helps companies do more than measure their environmental impact. Discover how everyone can assess the sustainability of different decisions, even before they’re implemented.
Discover in these on demand events business transformation strategies to integrate eco-design methods and lifecycle assessment.
With growing environmental concerns and sustainability requirements, progress towards net-zero is underway – but more can be done, faster. To accelerate sustainable innovation, companies can start by implementing eco-design principles.
A product or service’s design determines 80% of its environmental impact throughout the lifecycle. When companies integrate eco-design into their product and service development, they can weave sustainability into the entire value network and drive a circular economy. Despite 56% of executives knowing this, many struggle to take action, as revealed by a Financial Times (FT) Focus report. Here’s how integrated lifecycle assessment capabilities can help.
How Manufacturers Are Planning for a More Sustainable Future
Lifecycle assessment (LCA) quantifies the environmental impact of end-to-end business products and services, from sourcing raw materials to delivering finished goods. Relying on data about a company’s processes and from thousands of sources, LCA aims to answer questions such as:
Conventional LCA measures the impact of what has already been done and stands apart from day-to-day business activities. But with advanced digitalization, LCA can do so much more.
LCA brings the metrics needed to evaluate environmental impacts across the product lifecycle. Integrating that with virtual twin technology opens new possibilities to address those impacts very early on.
Virtual twin experiences are precise science-based computer models and simulations to virtually test products, service ideas or designs. Then to engineer, manufacture and market them computer based — all without any physical prototype or operations. LCA as part of virtual twin technology makes environmental assessments available from as early as the ideation stage, and then to every member of the innovation process downstream.
Embedding LCA within the virtual twin — as Dassault Systèmes’ Sustainable Innovation Intelligence solution does – introduces a host of new possibilities for a net-zero economy. To consistently deliver accurate insights, Dassault Systèmes has partnered with ecoinvent, an environmental database provider with a diverse repository of high-quality lifecycle information.
Equipped with complete LCA data and a unique virtual twin offering on the 3DEXPERIENCE® platform, companies are better poised to innovate towards circular product lifecycles, gain a competitive edge and win the climate fight.
View our infographic to see how the Sustainable Innovation Intelligence solution powers your environmental efforts.
ecoinvent is a not-for-profit association founded by five Swiss research institutes with the purpose to promote and support the availability of environmental data worldwide. ecoinvent publishes the ecoinvent database, the world’s most consistent and transparent background database, which provides well documented process data for thousands of products.
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