Environmentally Preferable Purchasing Series: Getting Started with the Greenhealth Cost of Ownership (GCO) Calculator

Session Description

Join us for Part I of the three part training series on how to use the Greenhealth Cost of Ownership Calculator.

This webinar will share the business case for using the Greenhealth Cost of Ownership (GCO) Calculator and what product types are the best ones to target for an assessment. The GCO Calculator provides a standard framework for evaluating and comparing the total costs to an organization of the products under consideration in the procurement process. Discover the data needed in order to use the tool efficiently and the sources for this data. Watch a demo of a GCO Calculator screening assessment to enhance your ability to use the tool quickly and effectively. Understand how to share the tool results with leadership and know additional resources for users.

This Part I webinar is highly recommended for anyone who intends to use, manage or understand the GCO Calculator functions. This is the first part of a three-part training series on the Greenhealth Cost of Ownership Calculator.

Part II and Part III of the training series share how to do a Detailed GCO Assessment. These webinars offer a more comprehensive review of the calculator that includes special considerations for types of products. Part II will focus on consumable/reusable goods, and Part III will target durable goods, including supplemental consumable parts.

  • Learn the business case for using a GCO Calculator and how it can support organizational priorities for cost saving, improving the health of patients, and reducing environmental impacts.
  • Understand the key product types that are best for a GCO analysis
  • Be able to articulate the six steps in using the GCO Calculator.
  • Recognize the outcomes and metrics possible with a GCO Calculator

Dr. James Salo

Senior Vice President, Strategy and Research, Trucost

James is the senior member responsible for Trucost's research efforts in North America. Since joining Trucost in 2007, James has led hundreds of client and public projects including Trucost’s collaboration with GreenBiz on the annual State of Green Business report.

James led Trucost’s research team that worked with Practice Greenhealth in the benchmarking and scope development of a Total Cost of Ownership (TCO) tool for the health care industry.

James holds a Doctor of Philosophy from Oxford University's Centre of the Environment, where his work focused on the measurement of corporate environmental performance and this data’s use within financial markets. He also holds a BA and an MA in Environmental Science and Policy from Clark University.

Libby Bernick

Vice President, North America, Trucost

Libby manages Trucost's North American business, and leads the regional team responsible for Financial Institution services and Corporate services in the North American region. She also manages large key accounts and is part of Trucost's senior management team. She has worked for over 25 years helping businesses to integrate environmental information into their decision-making processes, and has led the development and implementation of numerous decision-support tools and programs at multinational corporations. Her business experience includes multi-year assignments on new product development teams commercializing the launch of greener products and as the environmental manager within a production facility. An author of numerous articles and frequent speaker at international industry events and forums, Libby is a recognized expert in environmental reporting, greener product development, and environmental supply chain issues. Prior to joining Trucost, Libby was Vice President at UL Environment responsible for its global sustainability services business, and Director of PE International Five Winds' Consumer Products & Retail Sector. Libby holds a M.A.S. in Civil (Environmental) Engineering and a B.A. in Chemistry and Biology from the University of Delaware. She is a licensed Professional Engineer and is LEED AP accredited by the U.S. Green Building Council.

Miriam Tarin

Senior Research Analyst, Trucost

Miriam is a Senior Research Analyst at Trucost and she works with organizations to help them understand, manage and reduce their impacts on natural capital. For example, she has led Trucost's involvement for TEEB's study on global animal husbandry practices.This study quantified and valued the costs and benefits of different livestock commodities and identified opportunities for improving food security. Miriam contributed to a Brazilian study that determined the natural capital risk exposure of its financial sector, which was commissioned by GIZ and CEBDS - representative of the World Business Council for Sustainable Development (WBCSD) in Brazil. Miriam has also has expertise on life-cycle analysis, environmental input-output modelling and environmental profit and loss accounting.

Miriam has a Masters degree in Economics for Natural Resource and Environmental Management from Cranfield University, and a Bachelors degree in Agricultural Engineering from the Polytechnic University of Valencia, Spain, which included one year at the Swedish University of Agricultural Sciences. Before joining Trucost, Miriam worked on a research project for Unilever regarding the sustainable intensification of agriculture.

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Getting Started with the Greenhealth Total Cost of Ownership (TCO) Calculator
60-minute presentation Live event: 09/13/2016 at 1:00 PM (EDT) You must register to access.
Recording of Part I
Recording of Getting Started with the Greenhealth Cost of Ownership (GCO) Calculator webinar. You must register to access.
Presentation Slides
Presentation slides in PDF You must register to access.
Infographic - Rethink Supply Cost
Infographic - Business Benefit