Novozymes uses lca to assess the environmental impact

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Novozymes uses LCA to assess the environmental impact of the solutions covering the entire lifecycle from cradle to grave. Novozymes has topped the Dow Jones Sustainability Index in the biotechnology sector for 11 years. Novozymes provides cost-competitive biore fi ning to produce biofuels and biochemicals, pro- viding a viable, renewable feedstock alternative. The company s bioagricultural products improve crop yields while reducing the environmental impact. Novozymes Taegro is a good example of a bacterial-based biofungicide/bactericide used for suppressing selected soil-borne and foliar diseases on fruit and leafy vegetables. 132 T. Vadicherla and D. Saravanan
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Table 4 SWOT analysis of various sustainability measures practiced by brands, retailers, and manufacturers Sustainble measure/ initiative Strength Weakness Opportunity Threat Supplier rating Evaluates supplier s sustainable practices Frequency of surprise visits by the auditing team to be further increased Training and capacity- building of the suppliers Huge competition with many suppliers/ brands on the market Supplier s ability to deliver fair, healthy, and environmentally- sound workplace conditions Targets can be increased every year All units including outsourcing to be fully audited Incentives for performing suppliers Transparency by the supplier and the auditing agency Sustainable materials Use of organic cotton, better cot- ton, recycled polyester, and recy- cled nylon High cost of organic and better cotton Increased customer awareness Voluntary regulations Incentives for the use of sustainable materials Growing demand for government rules and regulations Lifecycle-based assessment Design tools List of sustainable materials and processes available for the designer Lack of designer knowledge on sustainability and sustainable materials and processes Training programs for designers on sustainability practices Growing understand- ing of sustainable materials Mass market and production Computer-aided design tools that include three-dimensional tools Virtual technology for sample development, mod- i fi cations, and approvals Fast fashion. Virtual technology Minimization of physical samples Customers mindset Surge of e-commerce encourages the use of vir- tual technology Growing security con- cerns regarding designs/ideas Reduce energy, materials, and waste generation Reduction of color pallets Can be used during sam- pling, production, approv- als, and sales Web-based catalog for speci fi c collections Ease of storage, retrieval, and modi fi cation (continued) Sustainable Measures Taken by Brands, Retailers, and Manufacturers 133
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Table 4 (continued) Sustainble measure/ initiative Strength Weakness Opportunity Threat Code of conduct or ethical trading policy Norms a supplier has to meet Frequency of surprise visits by auditing team to be further increased Training programs on code of conduct Huge competition with many suppliers/ brands in the market Incentives for performing suppliers Social compliance, such as fair trade practices
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  • Corporate social responsibility, CSR Practices

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