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The aim of this paper is to determine the existence of gaps in the literature, by investigating studies that statistically analyzed the relationship between sustainable development and economic performance. A literature review was conducted in the Web of Science and Scopus databases. The study analyzed the authors, publication years, journals involved, methodologies used, and results obtained. The identified gaps and opportunities were (a) opportunity to create or employ different measurements for financial, social, and environmental performance and (b) to use different kinds of control or moderating variables, in order to further explore the relationship between sustainable development and financial performance.

The scarcity of natural resources and the generation of waste without adequate disposal are a worldwide concern related to the linear production model.These characteristics are present in the wood panel production. Faced with this problem, the present study aimed to identify in the literature, circular economy (CE) practices in the waste management of wood panel production processes and the possibilities for implementing new practices that incorporate circularity concepts. A systematic search was conducted to select the most relevant work on the theme. A search was done using the ScienceDirect, Web of Science, and Scopus databases by combining the following keywords: “Circular Economy” (and its possible variations), “Wood-based Panel”, and “Wood Waste”. The results evidenced circular economy practices on waste management already being used by the wood panel industry, besides potential practices to increase circularity. The changes go towards sustainable manufacturing and responsible consumption, which aims to “ensure sustainable consumption and production patterns”. Opportunities range from the extraction of raw materials to the disposal of wood panel waste at the end-of-life. The circular economy model is still recent and the process of transitioning is in its initial phase, as well as scientific research on the theme, mainly regarding the wood panel industry. Studies addressing the circular economy and wood panels are not yet widespread, pointing to a gap yet to be explored. The bibliographic review allowed identifying the existence of potential applications of circular economy in the wood panel industry; yet, this piece of research points to a broad field of exploration.

Purpose The purpose of this paper is to report on a life cycle assessment (LCA)-based ecodesign teaching practice via university-industry collaboration in an industrial engineering undergraduate course. Design/methodology/approach A new course was designed and taught in the Industrial Engineering undergraduate course of a Federal University in Brazil. The course comprised explanatory lectures and a practical project developed in a partnership between the university and an industry partner where students had to develop Ecodesign proposals based on LCA to improve the environmental profile of both solid and reticulated paint brushes. To that end, students used the LCA software tool Umberto NXT v.7.1.13 (educational version), where they modeled the life cycle of four plastic brushes and assessed it using the impact categories of climate change and resource consumption, and the Ecoinvent v.3.3 database. After course completion, students, professors and industry collaborators were asked to provide feedback on the project performance and expectations. Findings The course design used was welcomed by both students and the industry partner. Students found the novel approach intriguing and useful to their future careers. The results also exceeded the industry partner’s expectations, as students formulated valuable insights. Professors observed that learning was made easier, as content was put into practice and internalized more easily and solidly. The approach was found to be a win-win-win. Practical implications Students acquired a fair share of knowledge on sustainability issues and potential existing trade-offs, which is valuable to industrial practices. The industry noticed the valuable contributions that academia can provide. The university profited from providing students with a real case challenging traditional teaching methods. Originality/value To the best of the authors’ knowledge, this is one of the first case studies to show how LCA and ecodesign teaching practice can support sustainability learning in an industrial engineering undergraduate course.