Life Cycle Assessment (LCA) is a technique used to assess the environmental impacts of a product or process across its lifecycle. It involves analyzing a product or process from raw material extraction, manufacturing, transportation, use, and disposal or recycling. The LCA process consists of four phases - defining the goal and scope of the assessment, conducting a life cycle inventory analysis, assessing the potential environmental impacts, and interpreting the results. The goal is to identify opportunities to reduce environmental impacts at each lifecycle stage.