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Session Overview
WE-201: Discussion panel - assessment of externalities: Monetisation and social LCA
Wednesday, 06/Sep/2017:
2:00pm - 3:30pm

Session Chair: Marzia Traverso, RWTH Aachen University, Germany
Session Chair: Stéphane Morel, RENAULT, France
Location: Salle de conférences 1
European Convention Center - Ground Floor - "Salle de conférences 1"

Session Abstract

Social and environmental impacts occur along the product life cycle and are measured by different indicators. To assess the sustainability performance of a product life cycle we need to assess social, economic and environmental impacts.

If on one hand, the social life cycle assessment (S-LCA) has even not yet reached a scientific agreement on a set of indicators that should be used, on the other hand, several implementations have been already made at companies and product levels.

The results of a sustainability assessment are often rendered trough out several indicators and their interpretation and of the relative trade-off is often a big challenge. A possibility to interpret is monetizing all impacts.

In the discussion panel the current state of the art in the implementations together with challenges and potentials of those methodologies are going to be discussed with our panellist.

After a short presentation of each panellist (10 min each) the following points are going to be discussed together with further points introduced by the audience:

What about the social LCA current implementation?

How far are we from a standardization of S-LCA?

What about the Monetization of environmental externalities? What do you think of methodologies such as Natural Capital Protocol?

What about the monetization of S-LCA results? What do you think of tool such as Social Capital Protocol?


  • Philip Preiss – Institute for Industrial Ecology (INEC)
  • Richard Van Gelder - BASF
  • Augustin Chanoine – Deloitte
  • Alain Wathelet - Solvay

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