Sustainable development and circular economy require balancing between environmental, economic and social benefits and de-coupling the economic growth from resource use. The European New Green Deal highlights the need for reliable, comparable and verifiable sustainability information. Existing sustainability assessment approaches suffer from lack of comprehensiveness, consistency and practical tools for implementation. This results in fragmented and hardly comparable information on product sustainability performance.
The ORIENTING project takes up this challenge and develops a robust and operational methodology for the life cycle sustainability assessment (LCSA) of products and services. ORIENTING contributes to the development of a future Product Sustainability Footprint at European level, evolving existing footprints and designing new indicators for the evaluation of material criticality and product circularity.
The main task of EIFER is to provide the methodology for economic assessment and its integration into the overall LCSA framework. EIFER will also provide an indicator and a related method to assess the criticality of materials.