The aim of this study is to present and apply a quick screening method and to identify the most promising bioethanol derivatives using an early-stage sustainability assessment method that compares a bioethanol-based conversion route to its respective petrochemical counterpart. The method combines, by means of a multi-criteria approach, quantitative and qualitative proxy indicators describing economic, environmental, health and safety and operational aspects. Of twelve derivatives considered, five were categorized as favorable (diethyl ether, 1,3-butadiene, ethyl acetate, propylene and ethylene), two as promising (acetaldehyde and ethylene oxide) and five as unfavorable derivatives (acetic acid, n-butanol, isobutylene, hydrogen and acetone) for an integrated biorefinery concept.