Market Insight: New Demands Create Opportunity In Product-Level Carbon Management For LCA Software
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Executive Summary
The life cycle assessment (LCA) software market is re-emerging, with new market entrants, evolving technologies, growing regulatory drivers and the standardization of LCA processes, such as through the EU product environmental footprint (PEF) strategy. However, vendors can struggle to identify and rationalize current demand for product environmental impact solutions, and may find it difficult to recognize future market prospects. In this report, Verdantix analyses demand drivers and buyer-aligned needs, and outlines some of the strategies vendors are adopting to capitalize on new opportunities in the market.
Table of contents
Demand for product carbon footprinting drives product innovationFirms face steep and rising demands for better product-level data to suit a bottom-up approach
Innovation in LCA software rests on data sets, integrations and automation
Demand is being shaped by sustainability maturity and industry requirements
Table of figures
Figure 1. Life cycle assessment (LCA) processFigure 2. LCA solution types
Organisations mentioned
AllocNow, ArcelorMittal, BASF, Carbmee, Carbon Trust, European Parliament , International Organization for Standardization (ISO), iPoint-systems, McKinsey & Company, One Click LCA, P6 Technologies, POKKA, PRé Sustainability, Procter & Gamble (P&G), S&P Global, Saint-Gobain, Terrascope, Tetra Pak, Together For Sustainability (TfS), UnileverAbout the authors
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