A policy framework for the circular economy: Lessons from the EU

Journal of Cleaner Production, Год журнала: 2023, Номер 412, С. 137176 - 137176

Опубликована: Май 11, 2023

Язык: Английский

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A systematic review of sustainable business models: Opportunities, challenges, and future research directions

Decision Analytics Journal, Год журнала: 2023, Номер 8, С. 100272 - 100272

Опубликована: Июнь 17, 2023

Increased environmental awareness has inspired the industrial community to develop sustainable business models (SBMs). Accordingly, SBM become a trendy topic in research community. This review analyses understand its significance, emerging trends, opportunities, challenges, and future trends benefitting academics practitioners. The literature was performed using Preferred Reporting Items for Systematic Reviews Meta-Analyses (PRISMA) framework. Sixty-three relevant articles were extracted from Scopus database reviewed this study. Bibliometric network analysis conducted construct cluster domains find areas. shows that evolved development innovation. reveals five areas: strategies, challenges developing SBMs, drivers of role innovation digital technologies SBM. Furthermore, indicates most studies on are quantitative, focusing manufacturing industry. Future directions have also been offered based findings

Язык: Английский

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Aero‐Circularity: Charting the Flight Path Between Circular Economy and Sustainability Performance

Business Strategy and the Environment, Год журнала: 2025, Номер unknown

Опубликована: Март 2, 2025

ABSTRACT The aircraft manufacturing industry faces a critical juncture due to the necessity replace ageing fleets and address environmental impact of dimension. high demand for new limited production capacity has driven leaders integrate Circular Economy ( CE ) principles into their maintenance strategies, trying increase lifespan. This study examines specific actions implemented by manufacturers assesses on sustainability performance. Sustainability reports non‐financial disclosures were analysed using taxonomy tailored identify actions. Econometric models then employed analyse relationship between number adopted performance, REFINITIV's performance scores as dependent variables. Results indicate that companies are starting adopt focused product life extension repairability. Furthermore, analysis demonstrates with more declared exhibit higher corporate governance Hence, this empirically validates link adopting improved offering practical guidance informing policymakers, investors, other stakeholders benefits in industry.

Язык: Английский

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Circular Economy a Footstep toward Net Zero Manufacturing: Critical Success Factors Analysis with Case Illustration

Sustainability, Год журнала: 2023, Номер 15(20), С. 15071 - 15071

Опубликована: Окт. 19, 2023

Increasing populations and the extravagant consumption of virgin resources are key issues in developing economies these days. The Paris Climate Accords 2015 have also highlighted importance resource conservation sustainable consumption. Developing economies, which rely on linear practices traditional resources, require urgent attention regarding such issues. Practices circular economy (CE) provide an edge to achieving self-sustainability materials energy lead a guiding path towards net-zero manufacturing. Net-zero manufacturing can significantly reduce environmental impact, conserve contribute more economy. In current research paper, authors studied critical success factors (CSFs) for implementing Indian small medium enterprises (SMEs). identified CSFs through literature review expert opinions. To categorize establish structural model among CSFs, used Fuzzy Decision-Making Trial Evaluation Laboratory (DEMATEL) techniques. model’s robustness bias were checked predisposition analysis. verify validate findings analysis, conducted case study SME using Strengths, Weaknesses, Opportunities, Threats (SWOT) methodology. observed that government policies regulations CE, consumer awareness demand CE products, economic incentives available new global business opportunities due leading cause groups CSFs. A reduction waste-related costs, availability infrastructure practices, improvement information-sharing transparency supply chain members effects influence graph shows ‘Govt. policy regulation CE’, ‘Consumer products’, ‘Economic ‘New opportunity CE’ higher out-degree other factors. From study, strategic implementation green policy, reverse logistics, staff training, technology adoption improved use repaired refurbished organization from 1–2% 2019 9–10% 2023. imply management commitment strategies building ‘Green image’, coordination with suppliers, technological upgrades, workforce skills customer products crucial successfully adopting transitioning

Язык: Английский

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How does the circular economy achieve social change? Assessment in terms of sustainable development goals

Humanities and Social Sciences Communications, Год журнала: 2024, Номер 11(1)

Опубликована: Май 29, 2024

Abstract Achieving sustainable development is today a basic premise for all companies and governments. The 2030 Agenda has outlined an action plan focused on areas interest groups. economic growth technological progress, social development, peace, justice, environmental protection, inclusion prosperity represent the main to achieve change. Furthermore, circular economy capable of improving efficiency products resources, can contribute this change, but there gap in literature regarding whether orientation their strategy lead achievement goals. objective study develop initial economy-sustainable goals (CE-SDGs) framework that considers as precedent consequence implementing economy. With respect methodology, linking relationship between was reviewed first. A Structural Equation Model with Partial Least Squares technique also employed, analyzing two complementary models enterprises involved Social Economy Autonomous Community Extremadura (Spain). Regarding results obtained, link been observed professional profiles training people-oriented activities. same does not occur activities oriented toward planet. Moreover, existence corporate reports obtain data crucial achieving goals, both people Finally, confirm barriers incentives determines results, being aware lack specialized human resources always significant incidence. Using resource capability dynamic capabilities theories, contributes by joining lines research CE-SDGs SE enterprises. Future empirical validations could more deeply literature. As key recommendations, managers must be committed introducing practices people- planet-oriented objectives, proactive fostering frameworks .

Язык: Английский

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Circular Business Model Value Dimension Canvas: Tool Redesign for Innovation and Validation through an Australian Case Study

Sustainability, Год журнала: 2023, Номер 15(15), С. 11553 - 11553

Опубликована: Июль 26, 2023

Circular business models (CBMs) are integral to the concept of circular economy (CE). The aims study (1) redesign a canvas for CBM and (2) validate it through single case study. developed is called “Circular Business Model Value Dimension Canvas”. For validation, semi-structured interview with social enterprise (SE) operating in hybrid (i.e., resource recovery, sharing platform, product use extension) Australia has been performed. Results showed that successful SE necessitates integration forward reverse supply chains partnerships new retailers recovery companies. Other important factors include presence physical stores, an effective return strategy, initial funding support from government, employment young individuals special needs, promotion behavioral change among low-income customer segments. Although was applied enterprise, can also be other organizations as integrates all essential components modeling. proposed serves supportive tool innovation (CBMI) provides framework researchers investigate CBMI process transitioning linear circular.

Язык: Английский

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Circular Business Models (CBMs) in Environmental Management—Analysis of Definitions, Typologies and Methods of Creation in Organizations

Sustainability, Год журнала: 2024, Номер 16(3), С. 1209 - 1209

Опубликована: Янв. 31, 2024

A circular economy (CE) is an economic model that involves more sustainable management of raw materials and waste. Implementation CE assumptions highly recommended in the form dedicated technologies as well business models, so-called models (CBMs), which are integral part environmental organizations. Depending on application type sector or enterprise, CBMs defined differently, focusing various areas waste management. In general, they should create added value for given enterprise meets integrate principles with organization’s practices. This paper aims to analyze different approaches use comparative analysis desk research methods. The scope this includes a CBM definitions their typologies, basics creating enterprises. Moreover, good practices implemented CMBs enterprises presented. general definition developed “a assumes creating, delivering capturing consumer while considering principles”. Furthermore, building using modified Business Model Canvas proposed. consider key assumption, i.e., increased material efficiency. coming years, further increase interest specific sectors activity expected. Various stakeholders could them benchmark compare define best successful adoption future.

Язык: Английский

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Circular value creation: business models and supply chain strategies

Environmental Science and Pollution Research, Год журнала: 2023, Номер 30(47), С. 103898 - 103909

Опубликована: Сен. 11, 2023

Язык: Английский

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Circular Economy Business Model in the Construction Industry: A Systematic Review

Buildings, Год журнала: 2024, Номер 14(2), С. 379 - 379

Опубликована: Фев. 1, 2024

The construction business environment is becoming competitive and intense, Business Models (BMs) are receiving considerable attention as potential sources of sustainable survival growth. Converse to the Linear Economy (LE) model that industry follows, Circular (CE) has create a while also creating in organisations. Nevertheless, traditional BMs, value often concentrated on financial for stakeholders; Model (CEBM), seen more broadly by considering comprehensive range chain partners, environment, society. Hence, implementing CE requires reforms each chain. Thus, aim this paper develop conceptual organisations’ adoption CEBM their To accomplish aim, objectives twofold: (i) define concept (ii) map Canvas (CEBMC) applicable organisational context. This research adopted systematic document review, including content analysis selected papers. study contributes significantly proposing CEBMC where organisations can successfully transform businesses from linear circular environments.

Язык: Английский

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Business model development concept for SMEs in the era of twin transition

Procedia Computer Science, Год журнала: 2024, Номер 232, С. 523 - 532

Опубликована: Янв. 1, 2024

The urgent need to act against climate change is emphasized in many initiatives, such as the Sustainable Development Goals, European Green Deal, and Circular Economy Action Plan. role of industrial sector crucial. Companies, however, have operate a very complex environment driven by digitization are supposed be more sustainable. This paper explores how companies can implement ecological transformation, with focus on digital technologies data enabling twin transition. proposes an approach support SMEs transition through combination sustainable business model development. concept includes interdisciplinary methodology that combines qualitative quantitative approaches, focusing latter. suggested method collection adaptations canvas, value proposition analysis, data-driven decision-making, integration environmental economic considerations using system environmental-economic accounting. In particular, approaches define quantification well will key levers for implementation. By leveraging these navigate challenges transformation sustainability contribute future.

Язык: Английский

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