The benefit: apply LCA and the EVR
It does make sense to apply the data, that have been compiled for CSRD, for sustainable innovation of the products and services of the company.
In corporate discussions on LCA, the argument to refrain from LCA is that LCA requires a lot of effort in terms of data acquisition. But when the CSRD data have been gathered, 95% of the data acquisition for a cradle-to-gate LCA has been done. The only work that is left is the allocation of the company wide environmental burden to the specific products and services. For manufacturing companies, this allocation should be done on the bases of the financial revenues of the product portfolio (‘economic allocation’), to avoid greenwashing (see webpage Idemat excel files ,Legal).
For trading companies (wholesale as well as retail), it makes more sense to apply the specific Scope 3 purchases of that product and combine that with economic allocation of the Scope 2 purchases plus the Scope 1 CO2 emissions. Scope 1 hazardous toxic emissions should always be allocated to the specific products that cause the emissions. See Fig 8.4.