With growing awareness of the environmental impact of business activities, organizations are working to mitigate this impact. ISO 14053 gives practical guidelines for the phased implementation of environmental management with a material flow cost accounting (MFCA) perspective. MFCA can be adopted by all organizations, including small and medium-sized companies, to enhance their environmental performance and material efficiency.
Note: ISO 14053 applies to any organization, regardless of its level of development, the nature of its activities, or the location at which these activities occur.
ISO 14053 on MFCA is useful for:
As a responsible organization, you are seeking ways to understand, demonstrate and improve your environmental performance. This can be achieved by effectively managing those elements of your activities, products and services that can significantly impact the environment.
ISO 14053 provides flexibility that allows you to develop your MFCA activities at your own pace, according to your own circumstances. The resulting information acts as a motivator for organizations to seek opportunities to simultaneously generate financial and environmental benefits by reducing material losses and energy consumption.
ISO 14053 provides basic calculation procedures to analyze saving potential by avoiding material losses and detailed calculation procedures or information on techniques for improving material or energy efficiency.
The Sustainable Development Goals (SDGs) established by the United Nations in 2015 have become a high priority for society. Goal 12 requires both governments and private sectors to ensure sustainable consumption and production patterns. Companies of all sizes need to achieve improvements in material and energy efficiency for sustainable production. ISO 14053 helps you to work towards achieving UN SDG 12.
ISO 14053