Resource management and performance measurement indicators in the circular economy

Abstract

The concept of circular economy involves the use of indicators that help measure performance by looking at the key elements of this concept. Efficient use of resources and responsible behavior towards waste through reuse of materials and recycling of raw materials are one of the basic activities and tasks of the circular economy. It is important to prevent and reduce the production of waste materials and to ensure that resources are used in several production cycles. The aim of this paper is to point out the basic aspects of efficient use of resources, to get acquainted with the basic operational principles of circularity, but also to get acquainted with the indicators that can be used for reporting. The main goal is, therefore, to understand how organizations can choose a group of indicators that will help them measure the performance of the circular economy and its activities, but also to point out the principles that are important for the application of this concept.