Lifecycle Assessment (LCA) is a systematic method used to evaluate the environmental impacts of a product or service throughout its entire lifecycle. This includes all stages, from raw material extraction, production, and distribution to use and disposal. By analyzing these stages, LCA helps identify areas for improvement and promotes sustainable practices. The process typically involves four main phases: goal and scope definition, inventory analysis, impact assessment, and interpretation. LCA can be applied to various products, such as packaging materials, electronics, and food items, providing valuable insights for businesses and consumers aiming to reduce their ecological footprint.