From LCC to LCA Using a Hybrid Input Output Model – A Maritime Case Study

As companies try to embrace life cycle thinking, Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) have proven to be powerful tools. In this paper, an Environmental Input-Output model is used for analysis as it enables an LCA using the same economic input data as LCC. This approach helps align LCA and LCC while avoiding cut-offs in the LCA. The efficacy of the method is illustrated by a real case study of a tanker ship.