Embracing circular economy : a journey seen through the perspective of sustainability maturity
Pigosso, Daniela C. A. and Rodrigues, Vinícius P. and McAloone, Tim C. (2017) Embracing circular economy : a journey seen through the perspective of sustainability maturity. Progetto Re-Cycle, 2017 (4).
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Abstract
Circular Economy has been progressively acknowledged as a promising and consistent approach to maximizing value by increasing resource productivity, while minimizing resource consumption and related waste. Manufacturing companies operating on a linear fashion are faced with a wealth of potential business benefits derived from a circular economy. However, this transition requires a systemic change mindset, encompassing a wide array of organizational processes and functions: from strategy and business models to take-back and end-of-life management. With a view to supporting the transition of manufacturing companies towards Circular Economy, this article presents a maturity-based approach that supports manufacturing companies to develop and implement strategic roadmaps and action plans for the transition. An analysis of twelve key management practices to manage the transition towards Circular Economy is presented and briefly discussed. Industrial applications of the proposed maturity approach indicate that the maturity approach can effectively strengthen companies’ abilities to embrace the beneficial prospects of the Circular Economy.
ORCID iDs
Pigosso, Daniela C. A., Rodrigues, Vinícius P. ORCID: https://orcid.org/0000-0002-6647-9291 and McAloone, Tim C.;-
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Item type: Article ID code: 83337 Dates: DateEvent31 May 2017Published1 May 2017AcceptedSubjects: Technology > Engineering (General). Civil engineering (General) > Engineering design Department: Faculty of Engineering > Design, Manufacture and Engineering Management Depositing user: Pure Administrator Date deposited: 24 Nov 2022 16:56 Last modified: 11 Nov 2024 16:01 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/83337