Discuss in brief the following: Life Cycle Assessment.

Life Cycle Assessment tracks the environmental impact of a product from the use of its raw materials to the end of its useful life. LCA is an important tool for developing an environment self-portrait and for finding ways to minimize harm. A good LCA can shed light on ways to reduce the resources consumed and lower costs all along the value chain. A LCA looks at this complete circle and measures environmental impact at every phase. It provides the foundation for understanding the issues a company must address and clues to help find Eco-Advantage.