Eco-efficiency analyses

Eco-efficiency analyses determine the relationship between the achievement of objectives (as little environmental impact as possible) and the use of resources (finances). An eco-efficiency analysis thus provides necessary information regarding the efficiency and effectiveness of various alternatives and measures for products and services. While the preparation of a life cycle assessment is described in detail in ISO standards 14040 and 14044, there is no comparable standard or internationally recognized code of conduct for either life cycle cost analysis or eco-efficiency analysis.