A True Cost Accounting standard for agriculture
A practical TCA Handbook that results in direct, monetary, results
A new TCA Handbook for agriculture has recently been developed by the German True Cost Initiative, based on the eco-costs system. It describes the first standard on TCA for company accounting as well as for benchmarking specific agricultural products.
This LCA-based TCA standard has already been tested on 14 specific global production chains, so it goes far beyond the TCA philosophy: it is a practical solution for TCA to be applied for the product portfolio of companies. It provides direct monetary results.
This handbook can not only be used for products, but also for accounting on a company level (annual sustainability report), or for investment companies.
Policy makers and NGO can apply it as well.
For details, click on the TCA Handbook