First industrial exposure for ecoCost

ecoCost is the “certificate” used in the myEcoCost method of ecological accounting. This certificate is more than an account of the all the material inputs and outputs associated with getting a product delivered to the customer. The recipient of the ecoCost is an ecological accounting system designed to use this certificate.

The ecologial accounting software had its first exposure to a real world industrial scenario in January 2019 — an abalone farm. The intention behind this exercise was to present the material flow modelling software to one of the most complex scenarios in material accounting — biological processes.

At this early stage of preparation for market we want to share the significance of this event without revealing the specific technological barriers we overcame. The exercise was a hugely successful, adding two significant features to the software.

Our short term objective is to find businesses in ubiquitous sectors such as food, transport, chemicals, energy, packaging and retail to test and validate the modelling function is generic enough to span virtually all industrial scenarios.

If your company operates within one of these sectors and it would like to be involved in a solution that closes the loop between earth’s resources, industrial activity, personal consumption and planetary boundaries, then please visit the website

and make enquiries from there.

ecoCost is a new ecological accounting method that will provide a complete account of human activity related to planetary boundaries.

ecoCost is a new ecological accounting method that will provide a complete account of human activity related to planetary boundaries.