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The bioeconomy can be integral to transforming the current economic system into one with reduced environmental and social impacts of material consumption. This work describes a bio-based multi-layer panel that is based on residual coniferous bark. To ensure that the presented bio-based panel positively contributes to environmental protection while remaining competitive with conventional products and meeting high social standards, the development of the panel is accompanied by a life cycle sustainability assessment. This study performs a comparative LCA and LCC of the developed panel to conventional benchmark panels, as well as a qualitative social life cycle assessment. While the panel performs only economically marginally weaker than the benchmarks, the results are more heterogeneous for the environmental dimension with benefits of the bio-based panel in categories such as climate change, acidification, and ozone formation and detriments in categories including eutrophication. The S-LCA analysis shows that all of the involved companies apply social principles in direct proximity; however, social responsibility along the supply chain could be further promoted. All results need to be viewed with the caveat that the manufacturing processes for the new panel have been implemented, to date, on a pilot scale and further improvements need to be achieved in terms of upscaling and optimisation cycles.

The bioeconomy can be integral to transforming the current economic system into one with reduced environmental and social impacts of material consumption. This work describes a bio-based multi-layer panel that is based on residual coniferous bark. To ensure that the presented bio-based panel positively contributes to environmental protection while remaining competitive with conventional products and meeting high social standards, the development of the panel is accompanied by a life cycle sustainability assessment. This study performs a comparative LCA and LCC of the developed panel to conventional benchmark panels, as well as a qualitative social life cycle assessment. While the panel performs only economically marginally weaker than the benchmarks, the results are more heterogeneous for the environmental dimension with benefits of the bio-based panel in categories such as climate change, acidification, and ozone formation and detriments in categories including eutrophication. The S-LCA analysis shows that all of the involved companies apply social principles in direct proximity; however, social responsibility along the supply chain could be further promoted. All results need to be viewed with the caveat that the manufacturing processes for the new panel have been implemented, to date, on a pilot scale and further improvements need to be achieved in terms of upscaling and optimisation cycles. [ABSTRACT FROM AUTHOR]