Application of Life Cycle Assessment and similar methodologies in Asset Management: A multiple case study

Henrike Holwerda*, Willem Haanstra, Jan Braaksma, Tom Coenen, Joao Santos

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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Abstract

Life Cycle Thinking (LCT) methodologies are increasingly adopted by Asset Management (AM) organizations to assess the sustainability impact of decisions in policy-making and strategic planning. Despite the adoption of these methodologies, in particular the Life Cycle Assessment (LCA), operationalization of the outcomes seems to lack attention in industry and research. This research aims to explore and better understand the application of LCT outcomes in AM decision-making. An exploratory literature review shows that the current LCT research strongly focuses on LCT as a method and methodological improvement to advance the adoption of the method, while the application of the LCT outcomes receives less attention. Based on the literature review a number of postulates were formulated and tested in an exploratory multiple case study at various AM organizations in the Netherlands, in which LCT has been adopted. Comparing these postulates with empirical findings indicates fundamental differences between LCT theory and practice, which seem to limit the application of the LCT outcomes. The research reveals that more attention is needed on the assistance in the operationalization of LCT outcomes. Furthermore, practitioners should consider redirecting some efforts from improving the analysis itself towards the operationalization of the
LCT outcomes.
Original languageEnglish
Title of host publication10th International Conference on Through-life Engineering Service
Number of pages6
Publication statusPublished - 18 Oct 2021
Event10th International Conference on Through-life Engineering Service, TESCONF 2021 - Online Event
Duration: 16 Nov 202117 Nov 2021
Conference number: 10

Conference

Conference10th International Conference on Through-life Engineering Service, TESCONF 2021
Abbreviated titleTESCONF 2021
CityOnline Event
Period16/11/2117/11/21

Keywords

  • Life Cycle Assessment
  • Life Cycle Thinking
  • Asset Management
  • decision-making

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