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Circular Economy and Sustainability
Number of Followers: 4  Hybrid journal (It can contain Open Access articles)ISSN (Print) 2730-597X - ISSN (Online) 2730-5988 Published by Springer-Verlag  [2468 journals]
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- Closing the Loop: Valorization of Industrial Fats, Oils, and Grease as a
Biodiesel Source-
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Abstract: Abstract Guided by circular economy principles, this research presents a novel approach to biodiesel production. We explore the use of fats, oils, and grease (FOG) extracted from a food processing plant’s grease trap as a biodiesel source. The FOG underwent treatment using sulfuric acid (H2SO4) obtained from discarded lead-acid batteries, effectively reducing its acidity level from 8.4 mg NaOH/g to 0.65 mg NaOH/g. The transesterification process, optimized using Central Composite Design (CCD) with Design Expert 7.0 software, identified optimum conditions for biodiesel production: an 8:1 ratio of methanol to oil, a catalyst loading of 0.3 g, and a reaction time of 40 min, resulting in a yield of 84.21 ± 1.54%. Analysis revealed promising characteristics such as a density of 0.86 g/cm3, a high heating value (HHV) of 41.9 MJ/kg, and a viscosity ranging from 1.5 to 1.9 mm2/s. FTIR spectroscopy confirmed the presence of functional groups suitable for biodiesel production, and the fatty acid methyl ester (FAME) composition analysis indicated substantial amounts of oleic and stearic acids. These findings demonstrate a 5–10% increase in biodiesel yield over conventional methods, underscoring the study’s advances in resource efficiency and sustainable energy production.
PubDate: 2024-07-29
DOI: 10.1007/s43615-024-00407-0
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- Distribution of Power and Value Crucial for a Successful Circular Economy
Transition-
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Abstract: Abstract The circular economy (CE) is heralded as reducing material use and emissions while providing more jobs and growth. We explored this narrative in a series of expert workshops, basing ourselves on theories, methods and findings from science fields such as global environmental input-output analysis, business modelling, industrial organisation, innovation sciences and transition studies. Our findings indicate that this dominant narrative suffers from at least three inconvenient truths. First, CE can lead to loss of GDP. Each doubling of product lifetimes will halve the related industrial production, while the required design changes may cost little. Second, the same mechanism can create losses of production jobs. This may not be compensated by extra maintenance, repair or refurbishing activities. Finally, ‘Product-as-a-Service’ business models supported by platform technologies are crucial for a CE transition. But by transforming consumers from owners to users, they lose independence and do not share in any value enhancement of assets (e.g., houses). As shown by Uber and AirBNB, platforms tend to concentrate power and value with providers, dramatically affecting the distribution of wealth. The real win-win potential of circularity is that the same societal welfare may be achieved with less production and fewer working hours, resulting in more leisure time. But it is perfectly possible that powerful platform providers capture most added value and channel that to their elite owners, at the expense of the purchasing power of ordinary people working fewer hours. Similar undesirable distributional effects may occur at the global scale: the service economies in the Global North may benefit from the additional repair and refurbishment activities, while economies in the Global South that are more oriented towards primary production will see these activities shrink. It is essential that CE research comes to grips with such effects. Furthermore, governance approaches mitigating unfair distribution of power and value are hence essential for a successful circularity transition.
PubDate: 2024-07-29
DOI: 10.1007/s43615-024-00379-1
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- Analysis of the Aquaponic System Sustainability via System Dynamics
Modelling – FEW Nexus Approach-
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Abstract: Abstract Aquaponic systems integrate aquaculture and hydroponics, recycling nutrient-enriched water from fish tanks to grow plants, significantly reducing carbon emissions, water use and production costs compared to other methods. It is considered a sustainable solution for food production, addressing issues such as climate change and eutrophication. Particularly valuable in family farming, it increases the diversity and quality of food, while reducing its environmental impact. However, despite its potential, aquaponics lacks recognition in public policies, making its widespread adoption difficult. Quantifying its benefits is crucial for strategic planning and the formulation of policies to support family farming and the transition to sustainability, in line with global objectives. Therefore, there is a need to comprehensively quantify the benefits of aquaponics, particularly in terms of the Food-Energy-Water (FEW) nexus, to support decision-making and policy formulation for sustainable agriculture. The nexus concept encompasses highly complex systems requiring robust tools capable of analysing the interrelationships between multiple components. Aiming to analyse the degree of sustainability of aquaponics systems on family property in the FEW nexus context, a System Dynamics Modelling (SDM) coupling Socio-economic and environmental indicators was developed. The results obtained demonstrated the efficiency of using SDM as an analysis and support tool for decision-making. Additionally, they prove the environmental viability of food production via aquaponic systems.
PubDate: 2024-07-24
DOI: 10.1007/s43615-024-00408-z
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- Striving for Business Sustainability: Understanding the Interplay and
Impact of Sustainable Finance, Environmental Social Governance Strategy,
and Information Technology Integration on Sustainable Enterprise
Performance-
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Abstract: Abstract Sustainable financing, environmental social governance strategy and information technology integration can play a strategic role in the financial success of an organisation. In light of this, the present study attempts to investigate how sustainable finance, environmental social governance and information technology integration impacts sustainable enterprise performance. Further, it also examines how organisational commitment and support moderates the relationship between environmental social governance and sustainable enterprise performance and information technology integration and sustainable enterprise performance. The primary data collected from 290 manufacturing industry employees was analysed using structural equation modelling. The study results indicate that sustainable finance, environmental social governance strategy and information technology integration have a significant positive impact on sustainable enterprise performance. The results further ascertain that organisational commitment and support positively moderates the relationship between environmental social governance and sustainable enterprise performance and information technology integration and sustainable enterprise performance. The findings imply that in order to improve financial performance, the company should embrace robust environmental social governance policies and put in place an efficient information technology integration adoption and implementation plan.
PubDate: 2024-07-23
DOI: 10.1007/s43615-024-00405-2
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- Product Quality in the Circular Economy: A Systematic Review of its
Definition and Contexts in Scientific Literature-
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Abstract: In the context of the Circular Economy (CE), quality is one of the most widely used keywords, but generally perceived as an ambiguous term without further definition or explanation. The present paper analyzes the use of the term product quality in the context of the CE through a systematic literature review including 132 peer-reviewed journal articles. The results reveal that the term quality, although not always explicitly defined, is associated with a variety of topics, namely market value, customer perspective, functionality, technical attributes, longevity, R-strategies and design, and environmental aspects. The aforementioned topics are used in different application contexts and partly show reciprocal relationships amongst each other. They further refer to the three sustainability perspectives (environmental, economic and social). The quantification of quality is observed to be rather limited and mainly based on assumptions. When it is quantified, technical properties, functionality and longevity are most frequently mentioned aspects, which are used within circularity or environmental impact assessment. While acknowledging the limitations arising from the scope of the included studies, which may be influenced by the keywords chosen, the review revealed that quality in the CE literature is complex and ambiguous. Therefore, for future research, we recommend authors to clearly define quality and its characteristics in the context of their respective research. By doing so, a better interpretation and comparability of the results can be achieved. Graphical
PubDate: 2024-07-22
DOI: 10.1007/s43615-024-00396-0
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- Exploring the Landscape of Contemporary Sustainability Philosophies:
Origins, Synergies and Corporate Applications-
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Abstract: Abstract Recent decades have seen substantial increase in efforts to appease environmental challenges and to foster sustainability in business and society. As a direct result, numerous philosophies for sustainability have emerged, including Circular Economy, Sustainable Development Goals, Natural Capitalism, amongst many others. All of these are movements set to inspire, set goals, and guide towards improved sustainability performance, and as such, they can be described as a sustainability philosophy. Whilst each has its own origins and reason for emergence, plus its own target group(s), it is becoming increasingly difficult to tell the philosophies apart and, therefore understand their nuanced differences. The chosen philosophies influence strategies, tools, and initiatives chosen by organisations. Particularly when these are seen from a corporate perspective, it is often difficult to know which one(s) to adopt and how to relate a company’s efforts to a particular sustainability philosophy. This study sets out to identify and review the current sustainability philosophies in an attempt to understand their origins, the similarities, and synergies between and across them and to identify gaps. By performing a systematic literature review divided into three phases, this study systematises fifteen sustainability philosophies based upon their key characteristics, such as the dominance and prevalence of sustainability dimensions, fulfilment of societal needs and integration of philosophy elements into company business processes. Additionally, it identifies patterns of geography, industry sector, and general application area to provide an overview and question the extent to which the philosophies can guide the transition to sustainability.
PubDate: 2024-07-22
DOI: 10.1007/s43615-024-00399-x
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- Analysing the Indicators and the Associated Recommendations of Household
Emission Calculators-
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Abstract: Abstract Climate change and the related greenhouse gas (GHG) emissions are an evident threat to Europe and the world and have been at the forefront of environmental policy for decades. Carbon footprint calculators provide a valuable approach when it comes to informing people about GHGs and specifically to CO2 equivalent (CO2-eq). These calculators estimate the carbon footprint by converting emissions or energy data to the equivalent amount of carbon dioxide (CO2) related to a person - its everyday profile. They are considered as “household calculators” as they are based on information provided by the user that is related to various activities and behaviours (transportation, housing, food consumption, waste management, consumption etc). Some of the calculators also provide recommendations to the users, based on their results, on how to change their habits and reduce their carbon emissions. This study provides a comparative analysis of the indicators used to calculate the carbon footprint in available household calculators, as well as the recommendations provided for the users to reduce their footprint. The aim of this paper is to present the current state of household carbon footprint calculators regarding; the data they require to calculate the carbon footprint and the recommendations they provide based on the results/household performance. The paper provides an analysis of a group of carbon footprint calculators that are freely available online, focusing on the domains and indicators used by each calculator, along with the associated proposed recommendations.
PubDate: 2024-07-22
DOI: 10.1007/s43615-024-00401-6
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- Economic Policy for Sustainable Development: Role of Monetary Policy,
Fiscal Policy and Regulatory Policy-
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Abstract: Abstract This study empirically examines the effect of economic policy on sustainable development using annual data for 22 countries from 2011 to 2018. The study also proffers some economic policy strategies for increasing the level of sustainable development. In the empirical analysis, a sustainable development index was constructed comprising of SDG proxy indicators: healthcare expenditures to GDP ratio (SDG3), percentage of people using safely managed drinking water services (SDG6) and the share of renewable energy to final total energy consumption (SDG7). The results show that the economic policy index has a significant positive effect on the sustainable development index particularly in non-European countries and in developing countries and a negative effect in European countries and developed countries. Changes in monetary policy, fiscal policy and regulatory policy have a significant impact on the level of sustainable development. Expansionary monetary policy via increase in broad money to GDP ratio increases the attainment of SDG6 while contractionary monetary policy via increase in central bank interest rate increases the attainment of SDG7. Expansionary fiscal policy via increase in consumer spending leads to the attainment of SDG3 and SDG7 but it adversely affects the attainment of SDG6. Effective regulatory policy via increase in institutional governance quality increases the attainment of SDG3 and SDG6. There is uni-directional causality between economic policy and sustainable development. Monetary policy and regulatory policy also have a uni-directional relationship with sustainable development, implying that changes in monetary and regulatory policies cause changes in the level of sustainable development. This study is the first to empirically examine the contribution of economic policy to sustainable development using composite indices.
PubDate: 2024-07-10
DOI: 10.1007/s43615-024-00406-1
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- Integrated supply chain plan under multiple distribution networks: an
implementation of mixed integer linear programming-
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Abstract: Abstract The study aims to minimize the cost of operations, storage, penalties, and dispatch in one of the largest paper and board manufacturing industries in Asia. The real-world data is obtained for cases underneath mixed products' in integrated and non-integrated supply chains. The cost minimization problem is formulated by developing the mixed integer linear programming (MILP) model constraining the multiple origins and destination ports in Pakistan. The metaheuristic optimization technique, such as the multi-objective genetic algorithm (MOGA), is applied based on epsilon dominance. The study results demonstrate that the cost of an integrated supply chain is minimal under various circumstances compared to the non-integrated supply chain, which provides a difference of 37% in both. Further, this study integrates the supply of paper and board products with the intermodal and multimodal transportation networks to investigate the most feasible supply chain network in the South Asian region.
PubDate: 2024-07-02
DOI: 10.1007/s43615-024-00404-3
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- Sharing and Repairing at University: On Student Practices, and the Future
of the Circular Campus-
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Abstract: Abstract For decades, Higher Education Institutions (HEIs) have added their names to multi-scale environmental declarations and programmes for action, such as UNESCO’s ‘Education for Sustainable Development’. More recently HEIs have incorporated key facets of the Circular Economy into their norms and practices. While such agendas often focus on waste management regimes and infrastructural issues, this paper argues that on-campus borrowing and repairing practices are pivotal to any ‘circular campus’ goals, particularly the practices of students. Yet, little is known about the current borrowing and repairing attitudes and behaviours of HEI attendees. In response, this paper discusses the results of a project at Cardiff University (Wales), which surveyed students about what they currently borrow and repair; what they would like to borrow and repair; and what stands in the way of them doing more. The results show that, despite popular discourse that young adults—in particular Generation Z—are the ‘sustainability generation’, results suggest their attitudes and practices align quite closely to the broader population trends as drawn from the extant literature, in terms of barriers to action and low engagement with formal sharing and repairing platforms and spaces. As such, this paper argues that forms of circular practices need to be incorporated into on-campus ‘activist learning’ to increase skills and confidence amongst students: and to work towards displacing the norms of high consumption lifestyles that students are starting to display.
PubDate: 2024-07-02
DOI: 10.1007/s43615-024-00403-4
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- Sustainable Living: Young Adults Prolonging the Material Life Cycle of
Objects Through the Appreciation of Used Furniture, Interiors, and
Building Design-
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Abstract: Abstract Young adults acquire furniture from retail stores, second-hand shops, flea markets, and online marketplaces; they also inherit items from family members. While scholars have focused on consumers who acquire second-hand objects and appreciate inherited furniture, limited attention has been paid to the meanings of second-hand and inherited objects as elements of sustainable home interior decoration. Based on qualitative data, we analyze how young adults living in three northern European cities value used interior-decoration objects and how this enhances sustainable ways of using goods. Our study shows that young people appreciate architectural structures and interior-design aesthetics as well as inherited and recycled items in their homemaking. The building and home-decor style of the era shape the way consumers acquire used interior-design materials and objects. Moreover, young adults engage with inherited and purchased second-hand furniture by incorporating narratives about social ties during their acquisition. The durability of materials is valued in both inherited and second-hand furniture. Thus, young adults prolong the life spans of home-decor items, and they contribute to a sustainable, low-speed circular economy linked to homemaking.
PubDate: 2024-07-01
DOI: 10.1007/s43615-024-00378-2
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- Strategy for Circularity Enhancement in Bioeconomy Sector: A Case Study
from Biogas Sector of Nepal-
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Abstract: Abstract The circular bioeconomy (CBE) aims to enhance the value of renewable biowaste by recovering resources, and the biogas sector, in particular, is a promising area within CBE. Despite the availability of diverse waste types, developing countries have mainly focused on circulating domestic waste. This study aims to formulate a strategy to enhance Nepal’s biogas-based circular bioeconomy (BGCBE) using the widely employed PEST-SWOT methodology. The biogas sector was analyzed from political, economic, social, and technical (PEST) perspectives, drawing from relevant literature, primary and secondary data, and international practices observed within the BGCBE. Key drivers and barriers in terms of strengths, weaknesses, opportunities, and threats (SWOT) were identified to enhance circularity within the sector. Key drivers supporting the BGCBE include a state-sponsored regulatory body promoting the biogas sector through financial incentives, the availability of various waste resources, and the involvement of local elected bodies as facilitators for municipal solid waste (MSW)-based biogas plants. However, several barriers were identified, such as a lack of community awareness about the importance of waste segregation and the environmental benefits of BGCBE, limited technical skills among household biodigester (HBD) users, the unavailability of technically skilled manpower, and the underutilization of waste resources for valorization. Stakeholder perspectives were integrated to validate the SWOT analysis and develop comprehensive strategies. Key proposed strategies include incentivizing bio-based product competitiveness through premium pricing policies, extending carbon trading opportunities, and raising community awareness about the ecological benefits of waste-based products. Policy interventions such as mobilizing unused waste resources, strategically locating biogas plants, and fostering stakeholder collaboration are recommended to advance the BGCBE in Nepal.
PubDate: 2024-06-28
DOI: 10.1007/s43615-024-00402-5
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- Circular Economy Matrix Guiding Manufacturing Industry Companies towards
Circularity—A Multiple Case Study Perspective-
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Abstract: Abstract Manufacturing companies struggle with overwhelming expectations, disruptions and trends sweeping over their business environment. The evident climate change, together with rising sustainable development goals, is forcing companies to discover their environmental impact, in addition to the more familiar economic one. The transformation from a linear economy to a circular economy (CE) reduces waste and improves resource efficiency through the deployed R-cycles, such as recycle, reuse and repair. This transformation is feasible for multinational enterprises because they can allocate sufficient resources for their strategic development goals. For small and medium-sized enterprises (SME), any additional investment must be carefully assessed and planned. Thus, SMEs need support and tools to select their next development investments. Generally, maturity models help companies find their status (compared to others) and identify the most important development areas and actions. This paper presents the CE maturity matrix, which comprises five maturity levels mapped with seven linear manufacturing value chain phases. The matrix was piloted with nine manufacturing industry companies, four of which were from Finland, one from Italy, one from Germany and three from Ireland. The CE matrix interview results showed that none of the interviewed manufacturing industry companies remained at the linearity level. The most common levels varied between systemic material management and CE thinking. In the interviews, over 40 CE actions were identified as the argument for a company reaching a CE maturity level. The transition towards sustainable manufacturing has already started but will require efforts to accelerate and to engage companies to proceed.
PubDate: 2024-06-28
DOI: 10.1007/s43615-024-00385-3
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- Clustering the Research at the Intersection of Industry 4.0 Technologies,
Environmental Sustainability and Circular Economy: Evidence from
Literature and Future Research Directions-
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Abstract: Abstract Digital technologies may enable the adoption of Circular Economy models in production and consumption processes, thereby promoting environmental sustainability. Literature on these topics has grown exponentially over the last decades, focusing on the adoption of Industry 4.0 technologies and its implications for environmental sustainability or circularity. However, extant literature reviews failed to cover the vast amount of literature produced, since they either have a narrow scope or focus on a limited sample of articles. To fill this gap, a bibliometric literature review was carried out on a sample of 1002 scientific articles on Circular Economy, Industry 4.0 technologies, and environmental sustainability. Descriptive statistics are coupled with a cluster-based analysis to provide a comprehensive coverage of the broader subject matter. Eight research clusters have been identified, with two general clusters (linkages between Industry 4.0, Circular Economy, environmental sustainability) and six topic-specific clusters (Big Data analytics for supply chain circularity, circular and sustainable additive manufacturing, urban sustainability, sustainable circular and digital (re)manufacturing, blockchain and data integration for a sustainable Circular Economy, miscellaneous and sectorial applications). Clusters are discussed in terms of research themes, methodologies, technologies, and circular strategies. Finally, a research agenda is drafted, pointing out six cluster-specific and four more transversal research directions. Hence, this research offers a detailed and quantitative overview of the research landscape, helping researchers and managers in understanding past contributions, assessing current standings, and identifying future directions of the research at the intersection of Industry 4.0 technologies, environmental sustainability, and Circular Economy.
PubDate: 2024-06-26
DOI: 10.1007/s43615-024-00393-3
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- Circularity Reinforcement of Critical Raw Materials in Europe: A Case of
Niobium-
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Abstract: Abstract Critical Raw Materials attract increasing attention due to their depleting reserves and low recyclability. Niobium, one of the most rare and vital elements, is primarily found in Brazil. This research explores the potential impact of Circular Economy (CE) strategies on mitigating niobium's criticality within Europe. First, a niobium supply chain is designed and analysed by Enterprise Input–Output modelling. Second, the supply risk is calculated based on the criticality matrix proposed by the European Commission under three scenarios associated with resources, technologies, and policies. The results show that urban mining is a potential solution to reduce niobium’s criticality and mitigate its environmental impacts. A higher recycling input rate and/or a mix of recycling and substitution strategies is necessary to offset niobium’s criticality. Aligned with the CE action plan, the research offers a scientific foundation to strategically prevent the risk of niobium supply shortages.
PubDate: 2024-06-22
DOI: 10.1007/s43615-024-00369-3
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- “Investigating Financial Literacy’s Influence on Self-Help Group-Bank
Linkage Programme with Special Reference to the Indian state of
Uttarakhand”-
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Abstract: Abstract Financial Literacy is recognized as the primary policy initiative towards all-inclusive growth. It amalgamates knowledge, behavior, and attitude towards financial inclusion, financial resilience, and financial well-being. This study's primary focus is on examining the impact of financial literacy on the bank linkage programme amongst self-help groups. Using primary data from 967 Self Help Group-Bank Linkage Programme (SBLP) members, this study assesses financial literacy and uses Artificial Neural Network analysis to create a workable model that illustrates how SBLP may empower financial literacy. The SBLP is the biggest microfinance initiative in the world. It has been effectively directing small savings and bank loans for low-income households, intending to foster community advancement for financial resilience—a crucial component in times of economic and financial volatility.These results highlight the critical need to increase SHGs' financial literacy to maximize the effectiveness of the Bank Linkage Programme.
PubDate: 2024-06-21
DOI: 10.1007/s43615-024-00398-y
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- Correction to: Recycle and Reuse to Reduce Plastic Waste - A Perspective
Study Comparing Petro- and Bioplastics-
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PubDate: 2024-06-20
DOI: 10.1007/s43615-024-00400-7
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- How to Build a Bioeconomic Food System: A Thematic Review
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Abstract: Abstract The circular bioeconomy uses biological systems, material, and energy flows to solve the problems of managing scarce resources and reinventing the economic system. However, the basis of our food production system could be more sustainable, and, in the face of climate change, food security is an issue that requires discussion. Meanwhile, many researchers are exploring ways to promote a sustainable food production system based on the bioeconomy concept. However, specialists are still determining what a sustainable food production system should be. Therefore, this article aims to determine how the bioeconomy can help society to build a more resilient food production system. We applied bibliometric methods to identify the main themes of the research area, which were then interrelated to provide a holistic understanding of the scientific literature. The prominent themes were biomass, biofuels, biotechnology, bioenergy, biomolecules, and biopolymers. Based on the themes raised in the bibliometrics, we propose a circular bioeconomy food production system. Finally, this study consolidates knowledge and points to an important goal that society and researchers should pursue to ensure the sustainability and resilience of the food production system.
PubDate: 2024-06-19
DOI: 10.1007/s43615-024-00387-1
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- Circular Economy Practices and Sustainable Performance of the Textile and
Apparel Industry: The Roles of Corporate Environmental Ethics and Green
Self-efficacy-
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Abstract: Abstract This quantitative study attempts to examine how circular economy practices influence the sustainable performance of the textile and apparel industry in Bangladesh. We also investigate the influence of corporate environmental ethics on circular economy implementation and green self-efficacy as a moderator on the relationship between corporate environmental ethics and circular economy practices. To carry out the objectives, the study offered a research framework according to the social cognitive theory and Resource-based view theory. For the empirical test, an online cross-sectional survey was administered among 300 owners or managers from Bangladeshi textile and apparel companies. The collected data were analyzed using the Structural Equation Modelling approach applying the AMOS software version 21. The study revealed that all the circular economy practices such as internal environment management, eco-design, and investment recovery significantly affect the entire sustainability performance dimension (economic, environmental, and social performance) in the apparel and textile industry in Bangladesh. Also, corporate environmental ethic influences circular economy practices. The study confirmed that the relationship between corporate environmental ethics, internal environmental management, and eco-design is moderated by green self-efficacy. This study provides new results to circular economy practices literature along with numerous managerial implications at the end.
PubDate: 2024-06-18
DOI: 10.1007/s43615-024-00397-z
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- Metrics for Sustainability and Circular Economy Practices in Context to
Modern Manufacturing Environment-
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Abstract: Abstract This study highlights the growing importance of integrating circular economy principles and sustainability metrics within the manufacturing domain. By adopting these practices, companies can minimize resource consumption, reduce waste generation, and promote the efficient use of materials throughout the entire product lifecycle. Despite recognizing the potential benefits, there is a lack of comprehensive understanding and effective implementation strategies. To address these gaps, this work aims to develop methodological implementation of circularity and sustainability metrics for modern manufacturing industries, in order to: (1) identify the circularity metrics used so far and their significance, (2) development of CE definition anchored in the sustainability concept, and (3) provide recommendations on basis of qualitative i.e. case study and quantitative i.e. analytic hierarchy process (AHP) based decisions making method. By identifying challenges and proposing metrics for evaluation, it enriches academic discourse on sustainable manufacturing practices. Moreover, the study likely draws on theories from sustainability, management, and engineering disciplines to develop a holistic understanding of the subject. From a practical standpoint, the study offers valuable insights for manufacturing practitioners and policymakers. It underscores the importance of integrating circular economy principles into business strategies to enhance resource efficiency and environmental stewardship. Moreover, the proposed sustainability metrics provide practical tools for companies to assess and improve their sustainability performance. However, the study also acknowledges the practical challenges hindering the widespread adoption of circular economy practices and suggests the need for innovative management approaches and interdisciplinary collaborations to overcome these barriers.
PubDate: 2024-06-18
DOI: 10.1007/s43615-024-00395-1
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