ENVI1153 Lecture Notes - Lecture 9: Life-Cycle Assessment, Business Case, Risk Assessment
Week 9: An Introduction to Assessment and Monitoring Tools
Socio-environmental management tools:
Inventories and audits for ‘raw materials’, energy, waste
Inventories can reveal hidden or neglected considerations ‘taking stock’
Audits is energy or waste audits of a household enterprise focus on reducing the
environmental or social costs or particular kinds of inputs or outputs
Cost benefit analysis can go beyond economic costs and benefits to include social
and environmental costs and benefits in the overall balance sheet
Risk assessment and management
Life Cycle Assessment/Analysis
Used by coca cola coporation in 1969 and it has become a vital tool for
environmental and social sustainability of production, distribution, consumption and
generation of waste. It is a diagnostic tool rather than a management tool, it poses
many questions requiring attention and action. Use life cycle analysis for product
production
Cost Benefit Analysis
Environmental Impact Assessment (EIA or EIS)
Business case (starting with CBA)
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Week 9: an introduction to assessment and monitoring tools. Inventories and audits for raw materials", energy, waste. Inventories can reveal hidden or neglected considerations taking stock". Audits is energy or waste audits of a household enterprise focus on reducing the environmental or social costs or particular kinds of inputs or outputs. Cost benefit analysis can go beyond economic costs and benefits to include social and environmental costs and benefits in the overall balance sheet. Used by coca cola coporation in 1969 and it has become a vital tool for environmental and social sustainability of production, distribution, consumption and generation of waste. It is a diagnostic tool rather than a management tool, it poses many questions requiring attention and action.
