Critical success factors for a circular economy: Implications for business strategy and the environment

Moktadir, Md. Abdul; Kumar, Anil; Ali, Syed Mithun; Paul, Sanjoy Kumar; Sultana, Razia; Rezaei, Jafar

doi:10.1002/bse.2600

Cited by 185 publications

(139 citation statements)

References 110 publications

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“…Fuente: elaboración propia con base en los autores consultados Estudios más recientes señalan distintos factores en los sistemas y prácticas de EC, capacidades como las prácticas de desempeño ambiental, responsabilidad social empresarial, políticas de contabilidad ambiental y demandas de los grupos de interés se relacionan con el alcance de EC de las empresas y la eco innovación (Scarpellini et al, 2020a(Scarpellini et al, , 2020b. En efecto, las motivaciones, el liderazgo y compromiso de los directivos, propietarios y accionistas de las empresas y, la influencia de los grupos de interés son los factores que inciden en la implementación de sistemas de EC (Chiappetta, et al, 2020;Moktadir et al, 2020;Singhal, 2020).…”

Section: Prácticas De Economía Circularunclassified

“…Diversas investigaciones buscan proporcionar modelos de gestión y control a las empresas y marcos de políticas públicas para los gobiernos para incentivar y regular los sistemas de EC (Scarpellini et al, 2020b;Singhal, 2020). Así mismo, señalan la necesidad de una capacitación en las empresas, de legislaciones claras y apoyos económicos públicos para la implementación de estos sistemas de EC (Chiappetta et al, 2020;Moktadir et al, 2020).…”

Section: Prácticas De Economía Circularunclassified

“…El estudio encontró que son muy pocas las organizaciones que señalan la implementación de políticas de EC, solo algunas cumplen sus prácticas, pero no de forma sistemática ni como un proceso de innovación (Prieto-Sandoval et al, 2018). Esto también puede obedecer a la falta desarrollo de capacidades medioambientales de las empresas como prácticas de desempeño de sostenibilidad, contabilidad y reporte ambiental liderada por la dirección, así como una falta de influencia institucional y regulación para el desarrollo de sistemas de EC (Chiappetta, et al, 2020;Moktadir et al, 2020;Singhal, 2020).…”

Section: Análisis Multivarianteunclassified

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Análisis de información y factores de desempeño ambiental y de economía circular en empresas peruanas

Pajares

Nishii

2021

Comuni@cción

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Peruvian companies with significant sustainability impact have a significant development in their environmental information. Based on this, this research aims to analyze the level of disclosure of environmental performance information according to the Global Reporting Initiative (GRI) and circular economy (CE) practices. Similarly, determine its relationship with the size and business sector for those companies that published their sustainability report, and analyze the results within the framework of legitimacy and institutional theories. A quantitative investigation was carried out by means of a content analysis of the sustainability reports to determine the indices of the level of disclosure of said information, description and relationship of the variables indicated. This level of environmental disclosure is not met in all aspects of GRI. In fact, the results indicated greater compliance in the dissemination of environmental waste management, water, transport and regulatory compliance indicators, an institutional influence by type of business activity was observed. On the other hand, CE practices also did not show a high degree of disclosure, while input consumption reduction and waste management practices showed greater disclosure. The business sector presented a relationship with the level of environmental information, however, neither the size nor the sector of the companies were related to the CE information.

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Section: Prácticas De Economía Circularunclassified

Section: Análisis Multivarianteunclassified

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Análisis de información y factores de desempeño ambiental y de economía circular en empresas peruanas

Pajares

Nishii

2021

Comuni@cción

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“…The study highlighted various barriers and challenges in the adoption of CE and sustainable practices while suggesting solutions to tackle those challenges. Moktadir et al (2020) presented and analysed critical success factors (CSFs) of CE practices in the leather industry. The study identified CSFs of CE practices from a literature review and in consultation with domain experts.…”

Section: Previous Literaturementioning

confidence: 99%

Analysing the roadblocks of circular economy adoption in the automobile sector: Reducing waste and environmental perspectives

et al. 2020

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The automobile industry is one of the most rapidly growing sectors in our society. The increase in demand for vehicles drives the growth of the automobile sector worldwide. Fabrication of vehicles consumes an enormous amount of water, energy and resources, thereby increasing carbon emissions. Nonbiodegradable and manufacturing waste after the end of life usage results in a significant contribution to incineration, landfills, air acidification and water eutrophication. The adoption of circular economy (CE) initiatives can play a significant role in dealing with increasing waste and environmental pollution. The main goal of CE is to recycle and reuse materials to reduce waste and also to minimise environmental impacts. This article strongly supports the adoption of CE in the Indian automobile industry. For the successful adoption of CE in the Indian automobile sector, first, it is important to analyse roadblocks to the adoption. Twenty potential roadblocks towards the adoption of CE have been identified from a literature review and in consultation with experts in the field. To capture the vagueness of the data and to carry out a robust analysis, a Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method with Fuzzy theory is employed. The results reveal that roadblock ‘lacking ability to deliver high‐quality remanufactured products’ is ranked first among all considered roadblocks. This study will help the Indian automobile industry, decision makers, research practitioners and government officials develop effective strategies for adopting CE in Indian automobile companies. A sensitivity analysis has been conducted to validate the stability of results.

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“…Being aware of the societal need for the fashion industry to move away from a linear to a circular economy (Moktadir et al, 2020; Stewart & Niero, 2018), the industry has recently made tremendous plans and implementation strategies so that the fashion‐related economy can become more circular. In practice, circular fashion (CF) business strategies hinge on three principles (Ki et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Toward a circular economy: Understanding consumers' moral stance on corporations' and individuals' responsibilities in creating a circular fashion economy

Park

Ha‐Brookshire

2020

Bus Strat Env

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For long, the fashion industry has adopted the linear economy's “take‐make‐use‐throwaway” system, an approach that has adverse side effects, such as economic loss, environmental destruction, and threats to human society. To address these adverse consequences from fashion's linear system, governments and business leaders are advocating the societal need for a shift from the linear economy to the circular economy, which endorses the “take‐make‐use‐reuse” system. Despite the growing demand for changing to a circular economy in the fashion business (circular fashion [CF]), two critical issues remain understudied in the current literature. First, although academic research on CF has increased in the past 5 years, the lack of scalable CF research has hindered the industry's ability to increase its adoption of a truly circular economy. Second, although the fashion industry faces complex challenges in instituting CF in that just one supply chain member's (a fashion retailer's) commitment is not sufficient to create a truly CF without the involvement of others (consumers), there is yet no empirical research that investigates whether consumers morally support the idea of a CF and feel obliged to take part in fashion businesses' CF offerings. Thus, we investigate whether and how morally grounded traits—corporate moral responsibility (H1+), consumer moral responsibility (H2+), their interaction effect (H3), and corporate hypocrisy (H4−)—influence consumers' attitudes and engagement (H5+) toward fashion corporations' CF offerings. Our empirical evidence, using a U.S. consumer survey dataset of 351 responses, shows that all of these hypotheses are supported. The results provide important theoretical and managerial implications.

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Critical success factors for a circular economy: Implications for business strategy and the environment

Cited by 185 publications

References 110 publications

Análisis de información y factores de desempeño ambiental y de economía circular en empresas peruanas

Análisis de información y factores de desempeño ambiental y de economía circular en empresas peruanas

Analysing the roadblocks of circular economy adoption in the automobile sector: Reducing waste and environmental perspectives

Toward a circular economy: Understanding consumers' moral stance on corporations' and individuals' responsibilities in creating a circular fashion economy

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