Environmental Product Declaration (EPD) was coined by the International organization for Standardization (ISO) in order to ensure the concern of different companies on the sustainable development of various products and brands within their business. It primarily refers to a comprehensive report mentioning the environmental impact of a particular product during the entire course of its life cycle, prominently assuring the control of greenhouse gas emissions and resultant global warming, ozone layer depletion, and other environmental hazards. The concept of EPD improves the companie’s commitment to the environment, leading to the achievement of Sustainable Development Goals, and making them more civilized through Corporate Social Responsibility.
Environmental Declarations are reports containing detailed information about the environmental impact of the product and collect honest, accurate information that an independent third party has verified. The declarations on environmental products are incorporated into the Ecolabels, and environmental declarations are included within ISO 14020 standard. ISO 14020 standard and related standards. The life cycle study is based on the guidelines for product categories contained in international and national standards.
The companies that adhere to the guidelines outlined in the Environmental Product Declaration are trustworthy businesses with verified environmental credentials and provide proven environmentally friendly items.
Environmental declarations can be classified according to kind, including Type I, Type II, and Type III declarations/labels.
The Environmental Declaration allows the evaluation of the environmental impact of products and services. After verification by an outside entity has been completed, businesses can demonstrate to their clients that they are trustworthy companies with services or products that respect the environment.
The lifecycle analyses are compatible with PEFC Forest Certification, also known as PEFC carbon footprint and environmental certification.