Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach
Circular economy is gaining considerable attention among global business professionals, organisations, and academia. Industry and governments realise the fast depletion of resources & environmental degradation and a need for sustainable development. Despite this, there is a scarcity of literatur...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2021-05-01
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| Series: | International Journal of Sustainable Engineering |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/19397038.2020.1871442 |
| _version_ | 1797678307790028800 |
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| author | Shahbaz Khan Abid Haleem |
| author_facet | Shahbaz Khan Abid Haleem |
| author_sort | Shahbaz Khan |
| collection | DOAJ |
| description | Circular economy is gaining considerable attention among global business professionals, organisations, and academia. Industry and governments realise the fast depletion of resources & environmental degradation and a need for sustainable development. Despite this, there is a scarcity of literature related to the circular economy, the circular economy is effectively adopted through circular practices. Therefore, this study’s primary objective is to investigate the circular economy practices to transform an existing linear model into a circular economy model. In order to accomplish this objective, this research identified fifteen circular economy practices through the literature review and experts’ input. These circular economy practices are evaluated using CoCoSo and prioritised the circular economy practices based on their importance. Results show that the significant circular practice is ‘consumer awareness’, ‘legislation and policies’, ‘develop the circular culture’, ‘awareness among the supply chain partners’ and ‘designing products for circularity’. These are the practices that are essential to adopt for an organisation to adopt the circular economy effectively. This study facilitates managers to make an action plan for executing circular practices. By considering the prioritisation of circular practices, managers and professionals can optimise their organisational resources to adopt the circular practice effectively. |
| first_indexed | 2024-03-11T22:57:48Z |
| format | Article |
| id | doaj.art-ac61db84f28f4255a3e8e6ce1f60c48b |
| institution | Directory Open Access Journal |
| issn | 1939-7038 1939-7046 |
| language | English |
| last_indexed | 2024-03-11T22:57:48Z |
| publishDate | 2021-05-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | International Journal of Sustainable Engineering |
| spelling | doaj.art-ac61db84f28f4255a3e8e6ce1f60c48b2023-09-21T15:17:04ZengTaylor & Francis GroupInternational Journal of Sustainable Engineering1939-70381939-70462021-05-0114335736710.1080/19397038.2020.18714421871442Investigation of circular economy practices in the context of emerging economies: a CoCoSo approachShahbaz Khan0Abid Haleem1GLA UniversityJamia Millia IslamiaCircular economy is gaining considerable attention among global business professionals, organisations, and academia. Industry and governments realise the fast depletion of resources & environmental degradation and a need for sustainable development. Despite this, there is a scarcity of literature related to the circular economy, the circular economy is effectively adopted through circular practices. Therefore, this study’s primary objective is to investigate the circular economy practices to transform an existing linear model into a circular economy model. In order to accomplish this objective, this research identified fifteen circular economy practices through the literature review and experts’ input. These circular economy practices are evaluated using CoCoSo and prioritised the circular economy practices based on their importance. Results show that the significant circular practice is ‘consumer awareness’, ‘legislation and policies’, ‘develop the circular culture’, ‘awareness among the supply chain partners’ and ‘designing products for circularity’. These are the practices that are essential to adopt for an organisation to adopt the circular economy effectively. This study facilitates managers to make an action plan for executing circular practices. By considering the prioritisation of circular practices, managers and professionals can optimise their organisational resources to adopt the circular practice effectively.http://dx.doi.org/10.1080/19397038.2020.1871442circular economy (ce)circular economy practicescocosostrategysustainability |
| spellingShingle | Shahbaz Khan Abid Haleem Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach International Journal of Sustainable Engineering circular economy (ce) circular economy practices cocoso strategy sustainability |
| title | Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach |
| title_full | Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach |
| title_fullStr | Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach |
| title_full_unstemmed | Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach |
| title_short | Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach |
| title_sort | investigation of circular economy practices in the context of emerging economies a cocoso approach |
| topic | circular economy (ce) circular economy practices cocoso strategy sustainability |
| url | http://dx.doi.org/10.1080/19397038.2020.1871442 |
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