Forests are a significant pool of terrestrial carbon. A key feature related to forest biomass harvesting and use is the typical time difference between carbon release into and sequestration from the atmosphere. Traditionally, the use of sustainably grown biomass has been considered as carbon neutral in life cycle assessment (LCA) studies. However, various approaches to account for greenhouse gas (GHG) emissions and sinks of forest biomass acquisition and use have also been developed and applied, resulting in different conclusions on climate impacts of forest products. The aim of this study is to summarize, clarify, and assess the suitability of these approaches for LCA. A literature review is carried out, and the results are analyzed through an assessment framework. The different approaches are reviewed through their approach to the definition of reference land-use situation, consideration of time frame and timing of carbon emissions and sequestration, substitution credits, and indicators applied to measure climate impacts. On the basis of the review, it is concluded that, to account for GHG emissions and the related climate impacts objectively, biomass carbon stored in the products and the timing of sinks and emissions should be taken into account in LCA. The reference situation for forest land use has to be defined appropriately, describing the development in the absence of the studied system. We suggest the use of some climate impact indicator that takes the timing of the emissions and sinks into consideration and enables the use of different time frames. If substitution credits are considered, they need to be transparently presented in the results. Instead of carbon stock values taken from the literature, the use of dynamic forest models is recommended.

The capacity to calculate and communicate the beneficial environmental impact of products and services is lacking in scientific guidelines. To fill this gap, this article presents a new approach for calculating the carbon handprint of products. The core of the suggested approach involves comparing the carbon footprint of an improved product with the carbon footprint of the baseline product, and subsequently calculating the reduction in greenhouse gas emission that can be achieved by utilizing the improved product. The proposed approach is founded on the standardized life cycle assessment methodology for footprints until the use stage, and it provides a framework to recognize the effects of the remaining life cycle stages in the actual operational environment. This calculation is meant to be used by manufacturers that wish to show potential customers the positive climate impacts offered by the manufacturer's product. The carbon handprint approach complements the existing methodologies by introducing new definitions and consistent guidelines for comparing the baseline product and the improved product. This article presents the developed calculation approach and demonstrates the approach with one case study about renewable diesel. Results of the diesel handprint calculation indicate that a driver can reduce greenhouse gas emissions by choosing renewable diesel over baseline fuel. Thus, the producer of the renewable diesel will create a handprint.Organizations can use carbon handprints for quantifying the greenhouse gas reductions their customers can achieve by utilizing the product. Thus, the carbon handprint can be a powerful tool in communications and marketing. By conducting carbon handprint assessments, a company can also find out how their product qualifies in comparison to baseline products. Therefore, carbon handprints can also support decision-making and lifelong product design.

Driven by public awareness and international regulations and standards, sustainability and environmental impacts have become increasingly important distinguishing factors between competing products and services. Circular economy aims to increase economic growth by using natural resources and ecosystems in a more effective way with the aim of maintaining products, components and materials at their highest utility and value at all times. More effective use of materials enables the creation of more value both by cost savings and by developing new markets or by developing existing ones. Reduced acquisition of resources is a driver for innovation for sustainable use of materials, components and products as well as new business models. This chapter introduces methods and tools to assess and reduce environmental impacts, and improve resource efficiency and sustainability management. Life cycle thinking forms one of the basic principles of sustainable development, and Life Cycle Assessment (LCA) is the leading method for assessing the potential environmental impacts of a product, process or service throughout its life cycle (ISO 14040-44). Other methods based on life cycle thinking are also introduced. LCA focusing on the contribution of a product or service to global warming uses methods for Carbon Footprint measurement and facilitates the tracking of greenhouse gas (GHG) emissions (ISO 14067). Water footprint is a tool that assesses the magnitude of potential water-specific environmental impacts of water use associated with a product, process or organisation. It aims at describing the impact of water utilization on humans and ecosystems due to changes in water quality and quantity (ISO 14046 Environmental managementWater footprint-Principles, requirements and guidelines 2014). The concept of handprint has recently been introduced to measure and communicate the positive changes of actions and the beneficial impacts created within the life cycle of products, services, processes, companies, organizations or individuals. A handprint of a product can be created either by preventing or avoiding negative impacts (footprints), or by creating positive benefits. When adopting the circular economy way of thinking, companies need these tools and methods to ensure resource efficiency, cost cuts and improvements in their environmental performance which provide them with more earning opportunities. Fundamental changes throughout the value chain, from product design and production processes to new business models and consumption patterns, support this trend.

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