LCA (Life Cycle Assessment)
At Re-bag®, we have conducted Life Cycle Assessments (LCA) on all our products. Our first LCA version was developed in 2012, and version 2.0 was launched in 2023. We provide comprehensive environmental data for all our bags and pouches, enabling our customers to make more informed decisions about climate and environmental impact. These data can be directly applied in customers' Scope 3 carbon reporting.
What is an LCA?
LCA, or Life Cycle Assessment, is a method for evaluating the environmental impacts associated with all stages of a product's life, from:
Raw material extraction – material use – manufacturing – distribution – consumption – waste management.
Our LCA measures:
CO2 equivalents – acidification – nutrient emissions – ecotoxicological effects – particulate pollution.
Why is an LCA important?
With the introduction of the Corporate Sustainability Reporting Directive (CSR-D), many companies will, in the coming years, be required to measure, document, and compare their environmental and climate impact, social responsibility, and governance (ESG). Here, Life Cycle Assessments (LCA) play a key role in reporting factual environmental data. At Re-bag®, we were ahead of our time back in 2012 by providing this data to our customers when they purchased bags, pouches, boxes, and packaging. Today, it is essential for complying with regulations and supporting a climate-friendly and sustainable direction through material selection, composition, and durability.
Whether you choose a Re-bag® cotton tote, a jute shopping bag, a paper bag, or a recycled PP bag with your logo or statement, you will always receive environmental data with your purchase.
What is green data?
Green data refers to environmental data or information that focuses on sustainability and environmental protection. This can include data on resource consumption, CO2 emissions, water consumption, pollutants and much more. It can also refer to the process of collecting, storing and analyzing this data in an environmentally friendly way, e.g. using energy-efficient data centers.
What can green data be used for?
Green data plays a central role in sustainability initiatives. Here are some of its uses:
Informed decisions:
Companies can use green data to make environmentally conscious decisions in their operations.
Monitoring & reporting:
Organizations can monitor their environmental footprint and report on their sustainability efforts.
Product development:
By understanding the environmental impacts, companies can design more sustainable products.
Engagement with stakeholders:
Transparent sharing of green data can strengthen relationships with customers, investors and other stakeholders who prioritize sustainability.
Compliance:
Many industries have specific environmental standards and regulations. Green data helps ensure that companies comply with these requirements.
New climate rules and reporting: CSRD, ESG and GHG
From 1 January 2025, the EU's Corporate Sustainability Reporting Directive (CSRD) comes into force. This requires companies to comply with certain reporting standards defined in the European Sustainability Reporting Standards (ESRS). A key component of these standards is the requirement to report CO2 emissions from Scope 3, which deals with emissions from suppliers.
As a supplier to a wide range of companies, both large and small, Re-bag ® can provide the necessary data regarding the products we supply. This data, which is validated by Force Technology through Re-bag's Life Cycle Assessment (LCA), can be directly incorporated into your reporting.
Timeline for implementation of the new requirements:
2025: Companies in the EU with over 500 employees (those currently covered by NFRD) must report for the 2024 financial year.
2026: Larger companies that meet at least two of the following three requirements - more than 250 employees, 40 million EUR in revenue or 20 million EUR in assets - must report for the financial year 2025. This applies to companies in accounting class C (large) according to the Danish Financial Statements Act.
2027: Listed small and medium-sized enterprises (SMEs) must report for the 2026 financial year, although an exemption for 2028 is possible.
2029: Non-European companies with a net turnover of over DKK 150 million. EUR in the EU and which has at least one subsidiary or branch in the EU must report for the financial year 2028.
With these upcoming changes, it is critical for companies to begin preparation now to ensure they are properly collecting and processing valid ESG data.