To guide eco-design internally, yes: €5,000 to €10,000 excl. VAT and a few weeks suffice to identify product hotspots. To publish a comparison with other products, ISO 14044 requires a full LCA with critical review (€12,000 to €25,000 excl. VAT, 3 to 8 months). Regulatory schemes have their own method: textile labelling is calculated using the public Ecobalyse tool, battery carbon footprints according to rules set by EU regulation.
Read the source article: LCA or Bilan Carbone®: how do they differ, which to choose?