ISO 14051 [SEP] standards body
ISO 14051
ISO 14051 is part of the ISO 14000 family of standards relating to environmental management codified by the International Organization for Standardization. The purpose of ISO 14051:2011 is to provide principles and generic guidelines on material flow cost accounting. The norm seeks to provide a universally recognized paradigm for practitioners and companies employing material flow cost accounting. It is not intended for third parties certification.
Introduction.
ISO 14051 was published as a standard on the 2011, and provides a standard on the implementation of material flow cost accounting (
are measured in physical amounts (i.e. mass, volume, liters, etc.) and the costs related with these flows are also taken into account and assessed.
ISO 14051 is a tool of environmental management accounting and it provides information for internal use.
Cost estimation under ISO 14051:2011.
In MFCA are estimated three kind of costs:
(1) Material cost
(2) System cost
(3) Waste management cost.
Energy costs can be added to material costs or be quantified separately.