Top 5 Companies Specializing in SBTI
In this article, we’ll review what the SBTi is, the benefits, how the SBTi differs from net-zero, and our top 4 companies specializing in SBTi.
ESG / CSR
Industries
Ecology
Greenly solutions
Sustainability is slowly becoming one of the most pivotal topics for businesses to cover if they want to prove successful worldwide, which means a wide variety of certifications will be required to demonstrate their commitment to eco-friendly practices – such as by acquiring an LCA certification.
However, obtaining an LCA certification may not be as simple as one might think – seeing as there is no universally accepted certification, much like there is no standardised ESG certification.
In this article, we’ll explain what an LCA certification is, why it is important, and the options your company could pursue to prove LCA compliant.
LCA refers to the evaluation method used to determine the environmental impact of a product or service.
💡 The main goal of an LCA assessment is to help companies improve their design process to be more eco-friendly and create a more efficient and environmentally product to reduce the emissions created by said product in the long-term.
Conducting an LCA assessment can allow your business to:
💡 Popular examples of LCA in action include determining how to make the packaging for a product more sustainable by comparing the use of plastic, glass and other materials – in addition to building materials used in construction by determining which materials will equate to a lower carbon footprint.
👉 Almost everyone can benefit from LCA, including the manufacturers, public agencies, and manufacturers – as LCA can provide indispensable information regarding the current sustainability of your products and services to allow for better decision making to improve them in the future.
There are several reasons why conducting an LCA assessment is worthwhile to your business, such as by helping to make more eco-friendly products, reducing emissions long-term, and boosting your brand reputation.
💡 Conducting a LCA assessment is one of the best ways to demonstrate your company’s commitment to environmental reform while also helping to improve your product to appeal to newer, more sustainability-savvy consumers.
Here are some of the reasons why LCA is important:
👉 Overall, LCA is important as it can help companies to appeal to sustainable consumers, comply with environmental regulations, and illustrate a genuine effort to reduce their impact on the environment.
Similar to ESG, there is no single universal LCA certification – but there are many options for your business to be certified for its LCA practices.
💡 Since there is no universal LCA certification, companies and individual professionals will often refer to other LCA trainings or certifications to demonstrate a proficient LCA methodology.
Here are some of the reasons why having no universal certification for LCA could prove challenging:
Since there is no universal LCA certification, professionals and organisations alike rebound to use different methodologies and softwares that could yield various results – making it challenging to determine whether someone’s LCA methodology is proficient or not.
If a universal LCA certification were to exist, it would be easier to provide stakeholders with consistent evidence of a functional LCA methodology in place.
However, since there isn’t, it can be challenging to verify an existing LCA methodology. This can require multiple professionals with expertise in LCA needing to validate the existing plan – which can take both time and money away from the company.
Without a universal LCA certification, a barrier remains in allowing LCA to go global – as multinational companies and industries around the world will lack a standardised certification that can apply for cross-border sustainability initiatives.
In addition to this, globally renowned businesses will often need to acquire more than one LCA certification – as it’s likely that one certification will prove more worthwhile in one region of the world and could deem itself next-to-useless in another.
The table below will further depict the struggles of lacking a universal LCA certification:
Problem | Description |
---|---|
Inconsistent Standards and Methodologies | Without a universal LCA certification, various methodologies are used, leading to inconsistent results. This makes it difficult to compare LCAs across sectors and regions. |
Difficulty in Verifying Credibility | The lack of a universal certification makes it harder to assess whether a practitioner has the necessary expertise, leading to differing levels of quality and credibility in LCA studies. |
Fragmentation of Certifications | Multiple certifications focus on different aspects of LCA without harmonisation, which creates confusion for companies and professionals deciding which certification to pursue. |
Challenges in Global Implementation | Different countries prioritise specific environmental issues, making global implementation of LCA more complex without a standard certification to unify efforts. |
Limited Accountability | Without universal oversight, LCA results may be less reliable, allowing companies to potentially misrepresent their environmental impact or engage in greenwashing. |
Barriers to Wider Adoption | The complexity and fragmented nature of current LCA certifications hinder adoption, especially for smaller companies. A universal certification could simplify the process and encourage broader usage. |
There are a wide variety of certifications and LCA training that your company can pursue in order to demonstrate your compliance with LCA – such as by obtaining an LCACP, EDP, or various ISO certifications.
Here are some of the trainings and certifications your business can use to demonstrate you are LCA certified:
👉 If you’re looking for a more in-depth article on how to conduct an LCA assessment, be sure to read our article here.
💡 It’s important to remember that these various certifications and trainings each focus on different components related to LCA – meaning that it may prove useful to acquire more than one certification to demonstrate your company’s well-rounded approach to LCA.
Ultimately, there is no universal LCA certification – but there are a wide variety of LCA certifications and training available for your company to pursue in order to prove LCA compliance.
Remember, pursuing an LCA certification often requires conducting an LCA assessment to begin with – something Greenly can help you with.
If reading this article on if it’s possible to get an LCA certification has made you interested in reducing your carbon emissions to further fight against climate change – Greenly can help you!
Aligning your business to comply with sustainability initiatives such as LCA can be challenging, but don’t worry – Greenly is here to help. Click here to schedule a demo to see how Greenly can help you find ways to improve energy efficiency and decrease the dependency on fossil fuels in your own company.
Greenly can help you make an environmental change for the better, starting with a carbon footprint assessment to know how much carbon emissions your company produces.
Click here to learn more about Greenly and how we can help you reduce your carbon footprint.