Environmental sustainability

Lifeanalytics for ESG Compliance 

Today, a company is considered sustainable if it can create long-term value through proactive strategies that see sustainability as more than just a competitive advantage. Adopting an environmentally proactive approach goes well beyond compliance: it means the ability to create shared value for all stakeholders, which in turn leads to increased competitiveness, stability, productivity, and overall well-being.

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Environmental Sustainability: Why Is It So Important for the Business World?

Having a sustainable approach is not only a responsible practice but also a moral obligation of any modern enterprise towards citizens, the environment, and future generations. Indeed, an environmentally sustainable approach can also yield economic benefits. Specifically, it lowers both the operational and financial costs of the enterprise by improving resource efficiency, reduces risks associated with environmental and social governance (ESG) regulations, and opens up new markets.

Analyzing the issue, the main advantages that a sustainable approach can provide, especially in the medium and long term, are threefold: competitiveness, stability, and productivity of the company.

• Competitiveness: organizations that pursue sustainable development are more likely to attract customers and qualified personnel, as well as access new markets. Consequently, these companies strengthen their market position and improve consumer perception towards them, making them even capable of dominating the category.
• Stability: from the perspective of long-term benefit for the company, sustainable hiring practices reduce operational and legal risks, which, in turn, improves the organization’s stability. Companies, on their part, reduce the risk of sanctions and legal disputes that could negatively impact the business's reputation.
• Productivity: a company that uses new technologies in a sustainable and strategic manner can expand the aforementioned factors determining operational efficiency: minimizing resource expenses and maximizing waste output can lead to significant savings.

Besides business benefits, adopting a sustainable approach creates value for all stakeholders in the company’s value chain. This phenomenon ensures that business decisions are made considering their long-term impact on the environment, business operations, and the communities involved.

 

How Do We Support You in Proactive Sustainability Development?

Beyond complying with existing regulations, companies have the responsibility to innovate and change over time. This requires planning and implementing environmental sustainability practices and strategies aimed at reducing the company's environmental impact. The company should aim to develop a plan for economic growth, social equity, and long-term environmental protection, which must be analyzed and verified with specific measurement indicators such as Life Cycle Assessment (LCA), Carbon Footprint, and GHG inventory.

Our EHS Business Unit supports you in monitoring these indicators, and consequently, certifying the completion of certain sustainable activities that make your company truly green..

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Life Cycle Assessment (LCA)

The Life Cycle Assessment (LCA) is an indicator that allows for the evaluation of the environmental impacts of a product through all its life stages, from raw material extraction to production, use, and final disposal. This indicator considers a variety of aspects such as resource consumption, energy used, and the amount of emissions produced with the goal of providing a comprehensive assessment.

With a Life Cycle Assessment, companies can gain an overview of all environmental impacts and identify specific problematic areas that, if improved, could significantly change the overall environmental impact and the eco-efficiency of production processes. Adopting the LCA enhances environmental protection and increases economic efficiency by reducing operational costs through better resource allocation.

Carbon Footprint

The Carbon Footprint is an indicator that measures the total greenhouse gas emissions produced both directly and indirectly by a company. This indicator accounts for all emissions generated by business activities, such as energy use in production processes, emissions related to transportation, and those associated with the entire life cycle of products, from raw material extraction to production, right through to final disposal.

Identifying the main sources of emissions allows companies to understand how and where energy is used, facilitating the development of effective strategies for their reduction. Beyond the benefits for the ecosystem, reducing and containing a company's Carbon Footprint brings numerous advantages. Firstly, it allows for compliance with current environmental regulations, thereby avoiding potential sanctions. Moreover, as with the life cycle analysis (LCA), it can generate significant economic savings, thanks to the reduction of operational costs and resource waste: all aspects that contribute to improving operational efficiency.

Greenhouse Gas (GHG) Inventory

The GHG Inventory is a key tool for monitoring and managing greenhouse gas emissions within a company. Organized by type of gas and source of emission, it allows companies to have a clearer view of their ecological footprint, identifying the most significant sources of emissions, facilitating compliance with current regulations, and supporting business sustainability.

Thanks to the GHG Inventory, companies can implement effective strategies to reduce their environmental impact, thus contributing to a more sustainable and environmentally respectful future. It is, therefore, a fundamental tool for managing emissions proactively and responsibly, ensuring compliance with national and international laws and improving operational efficiency. Identifying the main sources of emissions allows companies to understand how and where energy is used, facilitating the development of effective strategies for their reduction. In addition to ecosystem benefits, reducing and containing a company's Carbon Footprint brings numerous advantages. Firstly, it allows compliance with current environmental regulations, thereby avoiding possible sanctions. Moreover, as with the life cycle analysis (LCA), it can generate significant economic savings, thanks to the reduction of operational costs and resource waste: all aspects that contribute to improving operational efficiency.

 

Lifeanalytics EHS: All Our Services for a Sustainable Approach

Today more than ever, sustainability is crucial for the success of companies. Thanks to the consultants of our Lifeanalytics EHS business unit, companies can embark on a clear and measurable path towards sustainability, creating lasting value for all stakeholders. We are here to support you on your journey towards environmental sustainability, offering consulting and laboratory analysis ready to accompany you towards a more sustainable future, proposing innovative solutions for a positive impact on the environment.

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