Does Sustainable Value cover the entire life cycle?
Sustainable Value assesses whether a company uses its bundle of economic, environmental and social resources in a value creating way. It thus covers the activities that occur within the boundaries of each company. Methodologically, Sustainable Value is compatible with life cycle thinking. As soon as there is a complete data set on the use of resources and return covering the entire life cycle, Sustainable Value can be calculated. Unfortunately, such data is not available to date. Therefore, in ADVANCE the assessment covers only the resource use within each company. However, the more companies are assessed with Sustainable Value, the more it will be possible to assess entire value chains by also covering a company’s suppliers and customers. Another advantage of Sustainable Value is that it facilitates life-cycle analyses. A client not only buys a product or a service from a supplier but the supplier’s Sustainable Value at the same time. Unlike existing approaches this «rucksack» is expr
