Life-cycle assessment

Life-cycle assessment (LCA) is studying the environmental and social impact of a product or service over its entire life, from "cradle to grave," in attempt to minimize negative environmental consequences throughout the entire lifespan of the product.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Life-cycle assessment (LCA). Studying the environmental and social impact of a product or service over its entire life, from "cradle to grave," in attempt to minimize negative environmental consequences throughout the entire lifespan of the product.