Measurements
Sustainable development has been defined as the balance of economic success, ecological protection and social responsibility. To effectively manage sustainability, a company must able to measure or otherwise quantify sustainability in each of these pillars.
Many shoppers know the feeling: "I want to buy a decent product that's good quality, worth the money, and manufactured in an environmentally and socially compatible way." Finding a product with that kind of sustainability isn't always easy. But finding such a product is not generally easy. Glass or plastic? Petrol or bio-diesel? Chemical or fermentation processing? The results are sometimes surprising.
| Though
a number of different
measurement and
valuation methods exist,
most of them are focused
exclusively on
ecological aspects, i.e.
impact on climate,
forrest decline or
water. However, methods
developed on that basis
reflect only a small
part of what
sustainability is all
about: balancing
environment and
economics. The aim of
BASF’s analysis
methods is therefore to
quantify and assess
total costs and the
ecological impact e
products or processes
over their entire
lifecycle.
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