Abstract : In this paper, a Pareto multiobjective optimization is performed to design new luminaires, finding the optimal forward current, number of LEDs and proper heatsink by taking into account the cost, the energy consumption and the impact on the environment (life cycle analysis from cradle to grave). Three commercialized white LEDs have been studied and modelled in terms of optical, electrical, thermal and aging performances. The multiobjective methodology is also applied to other lamps (incandescent, halogen, fluorescent), indicating that LED lighting has a great potential of energy and cost savings with a minimization of environmental impacts on the long run.