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The implementation of Life Cycle Assessment (LCA) and Environmental Product Declaration (EPD) is becoming a common trend in construction and manufacturing industries. The EPD International platform is considered one of the most credible systems, helping businesses publish EPDs according to international standards.
The cost of implementing LCA and EPD is not fixed and depends on various factors, including:
• Product scale and complexity: Products with complex supply chains or requiring detailed data typically need more time and effort investment, leading to higher costs.
• LCA assessment scope: LCA can be conducted in different scopes such as "cradle to gate" ( raw material extraction to factory gate) or "cradle to grave" ( raw material extraction to end of product life). The broader the scope, the higher the cost.
• Data requirements and quality: Collecting specific, accurate data factories, suppliers, and stakeholders can consume significant time and resources.
• Registration and publication fees on EPD International platform: The EPD International system requires businesses to pay registration and publication fees, including initial fees and annual maintenance fees.
LCA Implementation Costs
• Data analysis and modeling: This cost depends on the detail level and accuracy of the LCA model. Professional companies or experts can support analysis with costs ranging several thousand to tens of thousands of USD, depending on complexity.
• LCA software: Costs for using specialized LCA software like SimaPro, GaBi, or OpenLCA...
EPD Verification and Certification Costs
• Third-party verification: Each EPD needs verification by an authorized third party to ensure accuracy and compliance with ISO 14025 and EN 15804 standards. Verification costs depend on the number of EPDs and product complexity.
Publication Fees on EPD International Platform
• Initial registration fee: Starting 1,000 EUR upward, depending on the number of registered products.
• Annual maintenance fee: Usually ranges 500 to 2,500 EUR to maintain EPD on the system, depending on the registering company's size.
Other Costs
• Training and consulting: Businesses may need expert support to understand the process and optimize costs.
• Updates and maintenance: When changes occur in production processes or new market requirements emerge, EPDs may need updates, incurring additional costs...
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