The Eco-Cost And Application Of Life Cycle Assessment (LCA) To Determine Eco-Cost And Sustainable Level Of Enterprises

Abstract

Purpose - The paper researches eco-cost and uses the LCA method to determine eco-cost. The article also demonstrates the factors affecting the application of LCA to assess eco-cost and the factors affecting the sustainability of enterprises through eco-cost and LCA.

Methodology - Through the investigation of 193 manufacturing enterprises, the article analyzed and evaluated the factors affecting the application of LCA to determine the ecological costs and factors affecting the sustainable development of manufacturing enterprises

Findings - By using AMOS software, the article has highlighted the factors affecting the application of LCA to determine eco-cost and factors affecting the sustainability of the business.

Research limitations/implications: The study only reports on manufacturing firms, not all business types.

Practical implications - The article shows the applicability of LCA to determine eco-cost.

Social implications: The article has studied aspects of sustainable development, environmental accounting, and the urgency of saving natural resources. On that basis, the article mentioned measuring natural resource consumption in sustainable development.

Originality/value - This article is unique because it assesses the factors influencing the adoption of LCA to determine eco-cost and assess sustainability in manufacturing enterprises.