The innovative software system "myEcoCost" enables to gather and communicate resource and environmental data for products and services in global value chains. The system has been developed in the consortium of the European research project myEcoCost and forms a basis of a new, highly automated environmental accounting system für companies and consumers. The prototype of the system, linked to financial accounting of companies, was developed and tested in close collaboration with large and small companies.
This brochure gives a brief introduction to the vision linked to myEcoCost: a network formed by collaborative environmental accounting nodes collecting environmental data at each step in a product's value chains. It shows why better life cycle data are needed and how myEcoCost addresses and solves this problem. Furthermore, it presents options for a future upscaling of highly automated environmenal accounting for prodcuts and services.
The limited data availability, transparency and harmonisation in environmental assessments of products are bottlenecks for improved environmental and sustainability governance. Despite the progressive developments of information and communication systems, reliable, accurate, up-to-date data for assessing the resource use of products and services is still lacking. Resource accounting systems often have limited scope on single companies, processes or products. This paper presents an approach for an automated bottom-up accounting system for measuring resource efficiency at product and service level. It is based on a global collaborative network of resource accounting nodes connected for the accounting of natural resources use for products and services. Using an Internet-based service-oriented architecture, relevant and timely data is passed from supplier to customer recursively through the whole value chain to produce an "ecoCost" for each product or service. This conceptual paper reflects first experiences from partners of the myEcoCost project funded by European Commission (www.myecocost.com).