Financial benefits from corporate announced practice of industrial waste recycling: Empirical evidence from chemical industry in China

Zhang, Bin; Lai, Kee‐hung; Wang, Bo; Wang, Zhaohua

doi:10.1016/j.resconrec.2018.07.019

Cited by 31 publications

(11 citation statements)

References 40 publications

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“…The waste management practices of Australian construction materials testing laboratories were evaluated by Dejkovsky (2016), with a particular focus on the practices of companies reporting compliance with ISO 14001 standards and those that did not in terms of diverting waste away from landfills and/or recycling. Along similar lines, Zhang et al (2018) investigated the effects of recycling as a tool of waste reduction found that implementation of recycling systems for managing waste was positively linked with improved financial and environmental performance. Waste management is closely linked with the concept of reverse logistics, which can be used as a means of complying with ISO 14001 standards (Khor et al , 2016).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Ferrón-Vilchez (2016) found that companies that were strongly compliant with ISO 14001 standards in terms of a number of environmental aspects showed improved profitability as well as environmental performance. Another study by Zhang et al (2018) found that firms that adopt recycling as a waste management strategy to comply with ISO14001 also reported improved profitability, as well as improved sales growth and cost savings. Similarly, Hazarika and Zhang (2019) reported that eco-innovation measures have a positive relationship with profitability.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Hojnik and Ruzzier (2017) found that compliance with ISO14001 led to increased competitiveness but the effect of ISO 14001 compliance had a non-significant positive relationship with the overall firm performance. Zhang et al (2018) suggested improved economic performance of Chinese chemical industries who complied with ISO14001 standards because of the increased amount of sales that occurred after the adoption of recycling systems for waste management.…”

Section: Literature Reviewmentioning

confidence: 99%

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An integrated AHP and ISO14000, ISO26000 based approach for improving sustainability in supply chains

Talib

Josaiman

Faisal

2020

IJQRM

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PurposeTypically, adoption of sustainability in organizations are often done in an unstructured way without the consideration of other partners in the supply chain. The purpose of this paper is to suggest a coherent plan to improve sustainability in the supply chains utilizing ISO standards for environment and social responsibility.Design/methodology/approachThis paper draws on literature on ISO14000 and ISO26000 to derive a set of variables applicable to supply chains, which are then prioritized for real organizations utilizing analytic hierarchy process.FindingsThe findings highlight that not all the variables of environmental, social and economic responsibility are equally important. Besides, the work reported in this paper justifies the application of multi-criteria decision-making (AHP) to prioritize elements of sustainability in context supply chains. The suggested method is illustrated using inputs from large manufacturing companies in Qatar.Practical implicationsISO14000 and ISO26000 are well known standards; however, there was no effort to integrate these standards to improve sustainability in supply chains. The suggested methodology provides invaluable help to the managers to implement sustainability in a coherent manner across the supply chain.Originality/valueThe research contributes to the extant literature by proposing a new methodology based on the integration of three-approaches: Analytic Hierarchy Process, ISO14000 and ISO26000 systems.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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An integrated AHP and ISO14000, ISO26000 based approach for improving sustainability in supply chains

Talib

Josaiman

Faisal

2020

IJQRM

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“…Currently, the generated waste, which for a long time was called industrial waste, is now commonly called industrial by-product because of its reuse potential. Thus, these materials have received attention from researchers and companies, who are aiming to improve ecological awareness and economic gains by replacing natural mineral resources 2 .…”

Section: Introductionmentioning

confidence: 99%

Chemically-Bonded Magnesium Phosphate Ceramics from Magnesium Oxide-Graphite Refractory Brick Waste

et al. 2021

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In Brazil, the production of each ton of steel generates approximately 621 kg of waste and direct co-products. One of the components that generates a high amount of waste is the refractory material used in the steel process. So, in this study, the possibility of using MgO-C refractory waste from steel casting pots after their deterioration for the formation of chemically bonded phosphate ceramics was investigated. This work aims to study the recovery of industrial solid waste from MgO-C refractories by determining the processing conditions necessary to obtain magnesium phosphate ceramics. Three mean particle size of the waste and three potassium monophosphate:MgO ratio in the mixture were adopted. All mixtures showed the formation of the K-struvite phase and a strong relationship between the compressive strength and porosity properties. The highest compressive strength value obtained, 7.51 ± 0.24 MPa, is sufficient for use in several areas of engineering. It was also possible to statistically represent, using a quadratic model, the variation in porosity in relation to the phosphate content and particle size of the waste, obtaining porosities ranging from 14% to 25%. Taking into account this study used a waste, the evaluation of its environmental impact assumed an important role. The waste showed no appreciable toxicity, while some samples W3-20 showed toxicity to Allium cepa L. and Artemia salina. Considering the presented properties, the obtained material could be used as a structural block, filters, support for catalysts, and repair element for cement-based structures and roadways.

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“…Industry federations in some Brazilian states have adopted this system, which also generates financial movement in these locations. Studies indicate that there is a potential for reuse and commercialization or exchange of waste between industries, demonstrating environmental and economic benefits, including the reduction in the removal of raw materials from nature and in the usage of energy and benefits for the image of companies (Chen and Ma, 2015; Liu et al, 2018; Wang et al, 2018; Zhang et al, 2018). In the present study, there is no commercialization of chemical wastes, only donation of materials to public educational institutions.…”

Section: Introductionmentioning

confidence: 99%

Minimizing laboratory waste and improving material reuse through chemical waste exchange: Case of a Brazilian institution

2020

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Concern over the management of chemical wastes from laboratories has been gaining importance since the 1990s. For a good management of chemical wastes generated from laboratories, it is recommended that managers encourage an environment of cooperation and exchange, thus reusing chemical reagents. The institution under study implemented the Chemical Waste Exchange, whose objective is to capture reagents past their expiry dates that would be discarded and make them available internally to other areas or even to other institutions. A total of 1075 reagents were reused internally and 4382 items were donated for external institutions. As for financial data, between 2011 and 2018, the internal economy was US$16,700.70 and for external institutions it was US$62,633.11. When comparing the waste reuse according to the destination, an internal address showed a significant difference when compared with the external use. Some categories of reagents have greater added value and provide even greater benefits when reused. The strategy of capturing and making available expired reagents through the Chemical Waste Exchange is positive; it helps the management of the waste generated; the economic benefit will depend on the market value of the material; the adopted strategy avoids the need to remove raw material from nature for the production of new reagents and reduces the costs related to treatment and environmentally appropriate final destination.

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Financial benefits from corporate announced practice of industrial waste recycling: Empirical evidence from chemical industry in China

Cited by 31 publications

References 40 publications

An integrated AHP and ISO14000, ISO26000 based approach for improving sustainability in supply chains

An integrated AHP and ISO14000, ISO26000 based approach for improving sustainability in supply chains

Chemically-Bonded Magnesium Phosphate Ceramics from Magnesium Oxide-Graphite Refractory Brick Waste

Minimizing laboratory waste and improving material reuse through chemical waste exchange: Case of a Brazilian institution

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