The BASF Eco-Efficiency Analysis is to harmonize economy and ecology. This involves carrying out an overall study of alternative solutions to include a total cost determination and the calculation of ecological impact over the entire life cycle.
The Eco-Efficiency Analysis looks at environmental impact in proportion to a product’s cost-effectiveness. It helps customers decide which products are the best choice, both ecologically and economically. It can also be used to identify ways to make improvements in terms of environmental impact and cost.
The Analysis is developed by the BASF, a German multinational chemical company and the largest chemical producer in the world.