What is it?
Ecolabels or “Green” Labels consist a way to inform the public or the supplies manager about the environmental performance of a product or a service. Ecolabels assist consumers to make better and more rational choices that are based among others on environmental, qualitative and social criteria.
Why is it important?
The consumer demand for better corporate performance on environmental, sustainability and Social Responsibility issues is expressed via a continuous increase for transparent and quantitative evidence of products and services. Today, the extended networks of modern consumers have the power to reward or punish the corporations through their market choices. In the modern globalized market certified products/services have a strong competitive advantage.
Today there exist over 350 Ecolabels for different companies and organization categories. Close the Loop may help companies/organizations to choose the appropriate Ecolabel that better suits their size, structure and products/services. Appropriate label certification is supported by specialized methodological tools such as Life Cycle Assessment, Carbon Footprint, Water Footprint and Environmental Management Systems.
Ensure access to ecologically conscious/demanding international markets
Guarantee of competitive advantage for you products/services
Actual contribution to Corporate Responsibility Strategy and Reporting
Support of Green Marketing efforts
Safeguard against Greenwashing practices
For the acquisition of an Ecolabel Close the Loop uses methods based on the holistic/systemic study of the life cycle of a product or a service. Life Cycle Assessment (LCA) enables the quantitative determination of all the environmental, economic and social impacts that occur from one or more stages of the life cycle of a product/service. Life Cycle Assessment (LCA) is a basic requirement for the majority of Ecolabels, such as the European Ecolabel and the Environmental Product Declaration (EPD).
Close the Loop follows the International Standards ISO 14025 for Type III Ecolabels, such as EPDs, and ISO14040 for Life Cycle Assessment.