Life cycle assessment (LCA) in strategic risk management

抄録

LCA as standardized methodology offers information which is very helpful besides the environmental analysis. The strategic management system in companies needs enormous amounts of different types of information to realize corporate risks and chances in very early stages. The following approach combines the approved methodology of LCA which mostly is used as an operative tool, with strategic economic models from the market perspective. The process of using LCA in strategic risk management starts with the identification of risks based on material and energy flows, the risk analysis and evaluation figures out the relevance of the substance flow risk for the product and the company. The risk management process leads to decisions to control the risk with respect to the product—market—strategy of the specific product. The combination of LCA from the environmental perspective on the one hand with native economic models like portfolio analysis on the other hand offers a completely new interdisciplinary approach. Interdisciplinary approaches will be the most relevant approaches for companies to handle the highly dynamic and extremely complex markets of the future.