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What is History of Material Flow Cost Accounting about?

This article provides a historical overview of Material Flow Cost Accounting (MFCA), tracing its origins from an environmental management project at the textile company Kunert in the late 1980s to its establishment as an international standard in ISO 14051: 2011. The development of MFCA demonstrated its effectiveness in reducing environmental impacts while simultaneously lowering corporate costs, emphasizing the importance of understanding material flows within companies. The article highlights key insights

Author

migunanisu

Language

EN