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Towards a more circular economy: exploring the awareness, practices, and barriers from a focal firm perspective

Garza-Reyes, Jose Arturo; Masi, Donato; Kumar, Vikas; Godsell, Janet

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Authors

Jose Arturo Garza-Reyes

Donato Masi

Janet Godsell



Abstract

© 2018 Informa UK Limited, trading as Taylor & Francis Group. The circular economy (CE) proposes an economic framework based on circular flows of products and materials. Transition towards a CE is underway, therefore, understanding the nature and state of this transition is important for creating effective policies and business strategies. Some studies have focused on specific contexts and pockets of good practice. This exploratory, survey-based study of 77 companies investigates the shift towards the CE using a taxonomy of practices and barriers. Results show that firms favour practices related to resource and energy utilisation efficiency, while practices related to investment recovery, green purchasing and customer cooperation are less prevalent. Eco-design and internal environmental management practices have a medium level of implementation. The significant upfront investment cost, lack of awareness or sense of urgency were identified as implementation barriers. Results suggest the CE is driven by economic not environmental considerations, and the deployment of practices remains within a firm rather than across the supply chain.

Citation

Garza-Reyes, J. A., Masi, D., Kumar, V., & Godsell, J. (2018). Towards a more circular economy: exploring the awareness, practices, and barriers from a focal firm perspective. Production Planning and Control, 29(6), 539-550. https://doi.org/10.1080/09537287.2018.1449246

Journal Article Type Article
Acceptance Date Apr 22, 2017
Online Publication Date May 21, 2018
Publication Date Apr 26, 2018
Deposit Date Apr 27, 2017
Publicly Available Date Mar 29, 2024
Journal Production Planning and Control
Print ISSN 0953-7287
Electronic ISSN 1366-5871
Publisher Taylor & Francis
Peer Reviewed Peer Reviewed
Volume 29
Issue 6
Pages 539-550
DOI https://doi.org/10.1080/09537287.2018.1449246
Keywords circular economy, exploratory, practices, barriers, awareness
Public URL https://uwe-repository.worktribe.com/output/888942
Publisher URL https://doi.org/10.1080/09537287.2018.1449246
Additional Information Additional Information : This is an Accepted Manuscript of an article published by Taylor & Francis in Production and Planning Control on 21 May 2018, available online: http://www.tandfonline.com/doi/full/10.1080/09537287.2018.1449246

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