Sustainable Development and Society - GSA
Sustainable Development and Society - GSA
Sustainable Development and Society - GSA
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<strong>Sustainable</strong> <strong>Development</strong> <strong>and</strong> <strong>Society</strong><br />
a functional unit basis, so that compared<br />
products are true substitutes for one<br />
another. It discounts small amounts of<br />
negative materials in otherwise benign<br />
products; <strong>and</strong> helps to avoid short-lived, low<br />
first-cost products that are often not the<br />
cost-effective choice.<br />
Professional rigor is required for correct<br />
application of LCC analyses. But, the<br />
evolving discipline of LCA is even more<br />
complex. Tom Lent’s article, below,<br />
discusses some of the challenges that still<br />
remain in their use.<br />
Equity <strong>and</strong> Life Cycle<br />
Assessment<br />
Life Cycle Assessment is developing as a<br />
superior tool for incorporating both<br />
economic <strong>and</strong> environmental impacts of our<br />
in our business decisions. But where does<br />
the third leg of the sustainable triad –<br />
Equity – enter the analysis? In order to be<br />
sustainable, we need to address; not just<br />
cost reduction <strong>and</strong> economic opportunity,<br />
<strong>and</strong> environmental protection <strong>and</strong> resource<br />
conservation, but also improving the quality<br />
of life for individuals, communities, <strong>and</strong><br />
society as a whole.<br />
And the private sector is moving in this<br />
direction, too. According to the CoreNet<br />
Global industry research <strong>and</strong> leadership<br />
initiative known as Corporate Real Estate<br />
2010, ninety percent of the Fortune 500<br />
companies will adopt "triple bottom line<br />
reporting," which means that companies<br />
will be measured by social responsibility,<br />
environmental sustainability <strong>and</strong> profit. 9<br />
Once we have made the most economical<br />
<strong>and</strong> environmentally healthy choices, we<br />
need to know the impact of those “green”<br />
products on the communities in which they<br />
were made, on those who fabricate <strong>and</strong><br />
install them, <strong>and</strong> on those who operate <strong>and</strong><br />
maintain them.<br />
Greg Norris’s article, below, describes an<br />
approach for estimating the health<br />
consequences of the development impacts<br />
of sustainable consumption policies <strong>and</strong> the<br />
design of goods <strong>and</strong> services <strong>and</strong> how the<br />
topic fits into sustainable development.<br />
Notes:<br />
1. Circular No. A-94, Revised, (Transmittal Memo No. 64), October 29, 1992, Guidelines <strong>and</strong> Discount Rates for Benefit-Cost Analysis of Federal Programs.<br />
2. The Costs <strong>and</strong> Financial Benefits of Green Buildings, A Report to California’s <strong>Sustainable</strong> Building Task Force, 2003 (October), Life Cycle Assessment (LCA), p.8.<br />
3. Evaluation of LEED Using Life Cycle Assessment Methods, NIST GCR 02-836.<br />
4. For an extensive international listing of green building evaluation tools, see http://buildlca.rmit.edu.au/links.html.<br />
5. Athena Version 2.0 Environmental Impact Estimator. 2003. Available at: http://www.athenasmi.ca/.<br />
6. BEES Version 3.0 is available at http://www.bfrl.nist.gov/oae/software/bees.htm.<br />
7. In German at: http://www.legoe.de.<br />
8. In Dutch, from the Environmental Institute at the University of Amsterdam (IVAM). An older version is available in English at:<br />
http://www.ivambv.uva.nl/uk/index.htm.<br />
9. “Dramatic Changes Predicted for the Corporate Real Estate Function in 2010,” March 5, 2004, Global Press Releases, Press Release 38, CoreNet Global.<br />
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