Abstract
This paper describes the basic idea of Material Flow Cost Accounting (MFCA) and explores its usefulness for environmental and life cycle engineering. It argues that a better understanding and assessment of costs related to waste flows incentivizes engineers as well as managers to constantly increase resource and energy efficiency. The paper proceeds to explore MFCA beyond its current methodological limitations by highlighting its potential benefits for life cycle and carbon footprint assessments as well as its usefulness for assessing the financial and environmental consequences of material flow loops in production.
| Original language | English |
|---|---|
| Title of host publication | Glocalized Solutions for Sustainability in Manufacturing : Proceedings of the 18th CIRP International Conference on Life Cycle Engineering, Technische Universität Braunschweig, Braunschweig, Germany, May 2nd - 4th, 2011 |
| Editors | Jürgen Hesselbach, Christoph Herrmann |
| Number of pages | 5 |
| Publisher | Springer Verlag |
| Publication date | 2011 |
| Edition | 1 |
| Pages | 652-656 |
| ISBN (Print) | 978-3-642-19691-1 |
| ISBN (Electronic) | 978-3-642-19692-8 |
| DOIs | |
| Publication status | Published - 2011 |
| Event | 3rd International Conference on Life Cycle Engineering - LCE 2011 - Braunschweig, Germany Duration: 02.05.2011 → 04.05.2011 Conference number: 3 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 12 Responsible Consumption and Production
Research areas and keywords
- Environmental informatics
- Energy and resource efficiency
- Life cycle engineering
- Material Flow Cost Accounting
- Sustainability sciences, Management & Economics
- Energy and resource efficiency
- Life cycle engineering
- Material Flow Cost Accounting
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