The life cycle costing (LCC) approach: a conceptual discussion of its usefulness for environmental decision-making

Gluch, Pernilla; Baumann, Henrikke

doi:10.1016/j.buildenv.2003.10.008

Cited by 552Life Cycle Costing AnalysisCapital Investment and Risk AnalysisEnvironmental Impact and Sustainability

The life cycle costing (LCC) approach: a conceptual discussion of its usefulness for environmental decision-making

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Gluch, Pernilla, Baumann, Henrikke·2004·Building and Environment

DOI 10.1016/j.buildenv.2003.10.008

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There is not a linear relationship between cost and environmental impact.
“there is not a linear relationship between cost and environmental impact, as discussed in the literature, e.g., [60][61][62].”
From Is Prolonging the Lifetime of Passive Durable Products a Low-Hanging Fruit of a Circular Economy? A Multiple Case Study (2019) · cites this paper as [62]
Section 3.4, “A monetary unit” (page unavailable), says that monetary calculations omit some environmentally related costs and that a single monetary figure cannot capture every aspect of a complex environmental problem. This supports the broader point that cost is an incomplete guide to environmental impact, but the paper does not establish the specific claim that their relationship is non-linear. (LLM, conf=0.78)
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Authors: Gluch, P., & Baumann, H.
Affiliations: Chalmers University of Technology (SE)
Corresponding author: Gluch, Pernilla
ORCID: Gluch, Pernilla
Baumann, Henrikke
Venue: Building and Environment
Publisher: Elsevier BV
Published: 2004-05
Volume: 39
Issue: 5
Pages: 571-580
ISSN: 0360-1323 (ISSN-L)
DOI: 10.1016/j.buildenv.2003.10.008
OpenAlex: W2003534703
Cited by: 552
References: 58
Citations by year: 2026: 15 · 2025: 41 · 2024: 24 · 2023: 22 · 2022: 31 · 2021: 34 · 2020: 41 · 2019: 44 · 2018: 44 · 2017: 38 · 2016: 33 · 2015: 42 · 2014: 49 · 2013: 28 · 2012: 11
FWCI: 28.02
Type: journal article
Language: en
Open access: green
research.chalmers.se
Licence: www.elsevier.com/tdm/userlicense/1.0/ (tdm)
Locations: Building and Environment (publishedVersion)
Chalmers Research (Chalmers University of Technology) (submittedVersion)
Chalmers Publication Library (Chalmers University of Technology) (submittedVersion)
Funders: Stiftelsen för Miljöstrategisk Forskning
Topics: Social Sciences › Business, Management and Accounting › Accounting › Life Cycle Costing Analysis
Social Sciences › Economics, Econometrics and Finance › Finance › Capital Investment and Risk Analysis
Physical Sciences › Environmental Science › Environmental Engineering › Environmental Impact and Sustainability
Keywords: life cycle cost analysis, environmental decision-making, environmental accounting, construction industry, irreversible decisions, intergenerational equity, decision making under uncertainty

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The life cycle costing (LCC) approach: a conceptual discussion of its usefulness for environmental decision-making

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