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Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:50:32am WEST

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Daily Overview

Session

Egg-Timer: Environmental Valuation and Sustainability
Location: D-111
Session Chair: Max Harleman, Villanova University

Presentation 1

Life Cycle Costing in sustainability assessment: review of cost analysis and monetary valuation methods and methodological framework proposal for its integration with Life Cycle Assessment

Jesús Ibáñez¹, Julieta Díez-Hernández², David Blanco-Alcátara², Sonia Martel-Martín¹, Rocío Barros¹

1: International Research Center in Critical Raw Materials for Advanced Industrial Technologies (ICCRAM), Universidad de Burgos, Centro de I+D+I, Plaza Misael Bañuelos, s/n, 09001 Burgos, Spain; 2: Economy and Business Management Department, Faculty of Economics, Universidad de Burgos, Plaza Infanta Doña Elena, s/n, 09001 Burgos, Spain

The evaluation of sustainability considering the lifecycle of products is gaining importance in recent years. Life Cycle Costing (LCC) is a key tool for assessing the economic pillar of sustainability and has the potential to support integration with environmental and social impacts for a comprehensive sustainability assessment. However, the lack of standardisation and the variety of methods available for economic analysis limit the development of a common framework. This study reviews the main cost analysis methods used in LCC and the different monetary valuation methods considered to monetise externalities. The results reveal that there is not a consistent pattern in the selection of methodologies or in the integration of LCC with Life Cycle Assessment (LCA). To address this gap, a framework is proposed for an integrated environmental and economic assessment applicable to different sectors. The methodology combines cost analysis methods depending on the case study, the monetary valuation of LCA results and its consideration in the financial analysis. The proposed methodology contributes to the standardisation of LCC considering externalities to facilitate the evaluation of emerging technologies and its comparison with conventional processes.