Description
This work is part of the Mistra funded project BioPath, which is set up to promote financial and trade industries to have biodiversity as an integral part of decision making. Life cycle assessment is a standard and well established methodology to quantitatively assess the impacts of products or services in the supply chain. While the calculation of carbon footprints, acidification or eutrophication impacts are well established, impacts on biodiversity are less tangible due to the complexity of supply chains and of the complexity of biodiversity measurements itself. In this study, existing models for assessing biodiversity impacts of products in their supply chain will be assessed and applied, to evaluate potential to equip companies with the knowledge to reduce negative impacts on biodiversity. During the project, we will collaborate with stakeholders to understand when and how life cycle methodology is useful. We expect to encounter a wide spectrum of possibilities to improve companies’ performance on biodiversity. By using a quantitative measure, the result is greater awareness and supply chain control for companies in the agriculture, forestry and energy sectors. These can be transferred to other companies resulting in more sustainable supply chains.| Period | 2023 Nov 7 |
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| Degree of Recognition | National |