Tool for Environmental Assessment and Measurement

• Control the environmental impact of your products and services: you monitor their various sources of impact and identify which ones to act on to reduce your environmental footprint.
• Avoid pollution transfer: you identify the vectors of pollution transfer in order to act on them.
• Switch to eco-design: you can consider several designs or technical solutions to produce a product and identify the least impacting from an environmental point of view.
• Compare yourself to your peers: you can position yourself against your competitors in terms of environmental footprint.
• Meet or anticipate your customers' needs.​

Monetization allows non-financial reporting to go beyond traditional reporting and to value the impact of the company on society.

A sustainable P&L measures the environmental and social/societal impact of a company's activities through a monetary value. The sustainable P&L account internalizes the externalities of companies, making their impacts visible and comparable, in order to drive sustainable development strategies.

The Environmental Profit & Loss (EP&L), which measures only environmental impacts, is the most common type of sustainable P&L (focus on one pillar).

The benefits of Sustainable P&L are:

• Identify in its value chain where the company has the most impact.
• Facilitate decision making by monetizing impacts.
• Anticipate risks and identify opportunities, as well as actions to be taken.
• Evaluate the company's environmental performance annually.
• Be transparent to stakeholders and raise awareness of impacts.

• Process data related to products or services are essential: energy consumption, raw material consumption, air and water emissions, waste generation,... 
• The data collection stage is the critical stage of the project because it can take time. 
• For secondary data (raw material and energy production, etc.), LCA databases can be implemented in the solution (e.g. Ecoinvent).​

• Clarification of the need, objectives and scope, data collection, modeling, calculations, interpretation of the results, writing of the synthesis or detailed report, potentially a critical review are the key and iterative steps of a life cycle approach. 
• The definition of the objectives is key at the beginning of the project to ensure that the results obtained correctly meet them. ​

Identifying your impacts allows you to have a better vision of your stakes in order to build a relevant strategy, and thus to identify your action plans to be implemented.