STANDARD VALUE PROFILE
SHOULD BE USED FOR EVERYTHING
SVPs are needed for many different elements
The TVM framework may be applied for a variety of elements of the socio-enviro-economic system including:
Every item or entity in the socio-enviro-economic system may be accounted for using a TVM standard value profile (SVP), a numerical profile somewhat similar to a balance sheet that describes the cumulative impact of the entity on all the capitals.
- for the individual person or household,
- for a community,
- a place
- a small business,
- a very large business,
- a product and all the steps in the life cycle of the product,
- its supply chain,
- use and
- post use waste chain.