Finat publishes LCA and PCF calculation guidance

The first phase addressed the fundamental differences between LCA and PCF with an informative video and brochure published accordingly.

Extensive surveys and desk research were conducted to discern the particulars, leading to the conclusion that information comes from different lenses. This prompted the creation of a comprehensive document untangling the complexity of impact measurements and the diverse approaches available.

This new document serves as a guide, explaining the distinctions between standards, methodologies, software tools and databases that are crucial when impact measurements are implemented effectively.

It emphasizes that selecting a methodology and initiating an impact assessment isn't a one-size-fits-all scenario. Instead, it requires a thoughtful consideration of which standards, tools, and databases should be selected.

As a next milestone, Finat's working group wants to play a pivotal role in establishing the Finat guidelines and recommendations and explore offering a harmonized and accessible way for implementing a PCF or LCA in the label industry. The guideline will adhere to specific methods and standards while accommodating the industry's unique needs.

Determining the PCF and LCA involves grappling with various standards, methodologies and tools. To demystify this landscape, Finat has outlined three broad categories to understand the different approaches better:

• Methodologies/Standards: this category includes different ways of approaching the calculations, such as ISO standards and recommendations from global and regional organizations.
• Calculation Tools (software): these are the calculation tools that calculate the PCF based on a model of your process and materials. The software tends to follow one or more standards or methodologies and transform the data into the result.
• Databases: both open and private, store crucial carbon footprint data for PCF calculations. These databases range from generic information on carbon footprint transportation to specific data for raw materials.

To perform a PCF calculation successfully, it is crucial to align the chosen methodology/standard with the correct calculation tool and database. The interconnected nature of specific software, calculation tools, and databases may influence not only the cost and accessibility of these tools but the quality of the information.

Finat's document provides insights into these connections in a comprehensive way of how the different approaches can be interrelated.

Despite the wealth of methodologies, tools, and databases, challenges exist in understanding the 'ranges' of data and ensuring reliable external auditing or 'refereeing'. The brochure emphasizes the importance of acknowledging the variability in PCF measurements and the need for third-party auditing to prevent 'greenwashing' and build trust in the final calculation.

The document is available on the Finat's website.