Applying MFCA in the circular economy – Selected points of criticism as basis for developing a method including revenues

Description

Based on the critique that the material flow cost accounting (MFCA) can – in accordance to the standard ISO 14051 – only be partly applied in the waste and circular economy and assuming that this tool is able to also detect efficiency potentials for those companies, the application of MFCA in the circular economy is examined. The main aim of the presentation is the methodological further development of the conventional MFCA to an ‘enhances MFCA’ which includes the so-called ‘reducts’ and associated revenues. With the help of a singular case study (exemplary waste digestion plant), the enhanced MFCA is tested in terms of applicability and usefulness. The results show that a methodological consistently separate analysis and calculation of reduct flows and associated revenues is appropriate and that the application of this tool in recycling and waste disposal companies is principally possible.

Period	28 Apr 2015
Event title	Fakultätskolloquium der Fakultät Wirtschaftswissenschaften der Technischen Universität Dresden
Event type	Other
Location	GermanyShow on map