How do you update and validate your LCA and LCC models and assumptions over time?

To update and validate LCA (Life Cycle Assessment) and LCC (Life Cycle Cost) models and assumptions: 1. Regular Data Updates: Incorporate the latest industry data, material databases, and technological advancements. 2. Review Assumptions: Periodically reassess and adjust assumptions based on new findings or project-specific insights. 3. Stakeholder Feedback: Integrate feedback from stakeholders and experts to refine models. 4. Benchmarking: Compare models against current standards and best practices. 5. Software Upgrades: Utilize the latest software versions for improved accuracy and capabilities. 6. Case Studies: Validate models through real-world case studies and empirical data.

Updating and validating Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) is crucial to maintain the accuracy and relevance of the analysis. These assessments rely on data, methodologies, and assumptions that can vary significantly based on the scope, boundaries, and objectives of the study. Over time, data sources may become outdated, methodologies may evolve, and assumptions may require revision due to new information, regulatory changes, or stakeholder feedback.

Each building is a living system with a path characterized by continuous evolution. The LCA represents not only its state of health but it is very a precious source of information on how that building reacts to internal and external conditions. How its inhabitants experience it and how the building itself experience, for example, extreme weather events. Real knowledge of the conditions of a building through LCA represents the ideal conditions on which to base any decision.

We know how crucial it is to have up-to-date data for your projects. That's why we simplified the process for every ESG consultant and building physicist. We build a tool that bridges the gap between them and manufacturers. This way we secure the latest updates on LCA and LCC in real-time and make sure all parties have the newest possible data.

Regarding the LCA and LCC data, it is important to start from the sources which are changed profoundly in a few years and, to be precise, that are increased in numbers and in capacity of data generation. The spread of IoT sensors, building automation systems, security equipment and energy management systems are, to name a few examples, many new sources of data that also play an important role for LCA and LCC analyses.

We provide up-to-date generic data on our tool that is constantly updated by our experts. At the same time, we kindly ask all the manufacturers to update their data on a regular basis so every user of ours can get the latest data out there.

To effectively update your Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) models, it is essential to revise the methods used for calculating and interpreting the environmental and economic impacts of your building project. This involves several key components, including defining the functional unit, establishing system boundaries, allocating impacts, selecting appropriate impact categories and indicators, determining the discount rate, and conducting sensitivity and uncertainty analyses.

Assumptions are necessary in LCA evaluations as it is necessary to define reference parameters for the data that are collected. In particular in the definition of an emissions reduction roadmap, assumptions linked to typical buildings are necessary to carry out assessments regarding sustainability performance in relation to the context

In the validation of LCA and LCC it will be increasingly necessary to rely on third-party companies that carry out objective assessments and evaluations. Data and data analysis are fundamental but an intervention is necessary with assessments also relating to the context in which the building is located.

The tool we build integrates with Madaster, which operates in 13 European Union countries. Our product offers a seamless Madaster integration that allows you to validate the results of your project. It only requires a single click to validate your project and get an LCA passport.

The frequency of updating and validating Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) models depends on various factors, including the analysis's purpose, scope, duration, data availability, required accuracy, and the frequency and significance of changes in the system or context. Generally, LCA and LCC models can be updated and validated periodically—such as annually or biannually—or dynamically, in response to specific events or triggers, such as regulatory changes, technological advancements, or shifts in project goals. Establishing a clear schedule for updates ensures that the models remain relevant, accurate, and aligned with current conditions and best practices in the field.

It is essential to implement forecasting tools and mechanisms for demand planning and loads' efficient control, particularly when capitalizing on dynamic sensory data in LCA and LCC.

LCA passports are crucial for building investors as they can lower the bank interest rate based on the output. This can bring significant savings for your potential clients.