The European Environment Agency defines Life-cycle assessment (LCA) as the process of evaluating the effects that a product has on the environment over the entire period of its life thereby increasing resource-use efficiency and decreasing liabilities.
LCA's key elements are:
IQL - Responsible chemistry, always aims to reduce the environmental loads of its produced products.
Jost, in his published article [Tribology micro & macro economics: A road to economic savings, Tribology and Lubrication Technology] concluded that studies carried out in several industrial countries indicate that 1.0 to 1.4 % of the gross national product can be saved by introducing better tribological practices.
Moreover, professor Holmberg in his article Global Impact of Friction on Energy Consumption, Economy and Environment concluded that 30% of the energy in transport and 15-20% of the energy in industry is used to overcome friction.
Insofar as IQLubricants products are produced to be lubricant ingredients and the main role of lubricants is to reduce friction, the performance of IQLubricants products has a significant effect on energy consumption for a given application.