Circular economy metrics: Literature review and company-level classification framework

Vinante, Christian; Sacco, Pasqualina; Orzes, Guido; Borgianni, Yuri

doi:10.1016/j.jclepro.2020.125090

Cited by 137 publications

(89 citation statements)

References 119 publications

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“…The flexibility and versatility of the proposed tool, as demonstrated by different applications, concerns the systematization of data collection to make data available for the evaluation of useful information and KPIs. Consequently, as demonstrated by this study, the ViVACE® tool is a promising and effective means to activate the evaluation, and widespread use of relevant KPIs collected in literature [19,[22][23][24]. The applications of the ViVACE® tool also provide a series of quantitative information about the involved sectors and/or initiatives, most of them not still available.…”

Section: Levelmentioning

confidence: 95%

“…• Macro (city, province, region or country) independently from products, processes, and sectors, but also from size, the organizational structure and functions of industries are very similar, the tool can be easily adapted to different contexts. Therefore, this approach results more promising and effective than imposing a set of KPIs to measure circularity (top-down approach), since the lack, inconsistency, low quality, and unreliability of certain data could generate a partial, inconsistent and misleading evaluation of indications, difficult to understand and compare [23,55]. The further step of this proposed approach, which starts from the bottom level, is to tackle another identified issue, which is the complexity to shift from one scale to another [22].…”

Section: Levelmentioning

confidence: 99%

“…Several approaches and indicators to measure circularity have emerged in the last years. Numerous recent studies reviewed the existing literature about circular indicators and metrics, dividing them according to the system level (micro, meso, macro) and, within each level, according to the sustainability pillars that they assess (environmental, economic, and social) [19,[22][23][24]. These papers highlight that hundreds of indicators to assess CE exist, but there are still two main issues for their widespread implementation, ensuring a suitable CE assessment.…”

Section: Introductionmentioning

confidence: 99%

“…(i) The first issue comes to the assessment of CE within the same scale/level. In particular, high diversity and fragmentation of approaches and metrics have been identified, making it difficult to compare the industrial applications in which such indicators and methods are used [19,23]. The causes of this fragmentation are mainly two.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

An Innovative Visualization Tool to Boost and Monitor Circular Economy: An Overview of Its Applications at Different Industrial Sectors

Bianchini¹,

Rossi²

2021

Product Life Cycle - Opportunities for Digital and Sustainable Transformation

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The quantification of the circular economy and sustainability is a relevant aspect at different levels of applications: (i) the companies need to evaluate and improve the environmental, economic, and social impacts of their products and processes; (ii) the financial bodies must have quantitative information about the potential and risks of different proposed initiatives to select the optimal opportunity; and (iii) the policy-makers must be guided for the coherent definition of strategies at regional, national and international scales, setting realistic targets and measuring their effectiveness. However, the lack of comprehensive and robust approaches to quantify circular economy makes it challenging to apply quantitative methods and indicators in different contexts and compare the results, with the risk of limiting the practical implementation of circular initiatives due to unknown and/or unclear potential and contribution. The ViVACE® tool (Visualization of Value to Assess Circular Economy), developed by the authors, is a promising and effective means to collect data in a systematized manner, helpful to assess sectorial and cross-sectorial indicators about sustainability. It has been applied to different industrial sectors (e.g., plastics, food processing, textile) for different purposes. These applications are described in detail to highlight the potential, versatility, and implications of the proposed tool in boosting the effective transition to a circular economy.

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Section: Levelmentioning

confidence: 95%

Section: Levelmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

An Innovative Visualization Tool to Boost and Monitor Circular Economy: An Overview of Its Applications at Different Industrial Sectors

Bianchini¹,

Rossi²

2021

Product Life Cycle - Opportunities for Digital and Sustainable Transformation

View full text Add to dashboard Cite

show abstract

“…With intensified globalization and fast resource depletion, the circular economy has been widely proposed to address the issue of resource conservation. Vinante et al [15] summarized the indicators for evaluating whether an enterprise has contributed to the circular economy, and made recommendations for more scientific evaluation of firms. Similarly, Sassanelli et al [16] considered how to evaluate the performance of the circularity of enterprises.…”

Section: Literature Reviewmentioning

confidence: 99%

Green Supply Chain Management with Cooperative Promotion

2021

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Green supply chain management has received increasing attention as consumers have become more environmentally conscious. Manufacturers are making green investments to meet consumers’ demands, while retailers in different markets often engage in cooperative promotion to attract more consumers. This study develops game theoretic models for investigating cooperative promotion for two cross-market firms with different channel structures, i.e., decentralized and centralized. The manufacturer determines the wholesale price for the retailers and the green investment of a product, and the retailers determine the promotional effort and retail price. This study finds that whether the firms join in cooperative promotion mainly depends on the wholesale price, as well as the impacts of the price, green investment, and cooperative promotional activities on the demand. When the wholesale price is relatively low, the retail price of the decentralized green supply chain must be lower than that of the centralized green supply chain. On the contrary, the difference in the retail price between the two green supply chains varies with the impacts of green investment and cooperative promotional activities on demand. In addition, due to the influence of channel structure, the contribution to cooperative promotion of the centralized supply chain is more than that of the decentralized supply chain with the most given conditions. Moreover, as the impact of cooperative promotional activities on demand increases, the centralized green supply chain does not necessarily result in higher profits than the decentralized green supply chain.

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Enabling the Circular Economy transition: a sustainable lean manufacturing recipe for Industry 4.0

et al. 2021

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Over the past 10 years, the concepts and objectives of circular economy have been increasingly detailed and become strategic issues of international, European, and national policies. However, the transition towards circular production models continues to be affected by several barriers and critical factors that make the transition difficult to achieve. The paper tries to design a relationship between sustainable production and lean production, highlighting the opportunity to invest in reverse‐logistics and how Industry 4.0 system represents a breeding ground for circular economy targets application. The aim of the current study is to examine the relationships among sustainable production, lean production, and Industry 4.0 in order to evidence the need to adopt a lean methodology and Industry 4.0 technologies in a sustainable development perspective for companies. Following a holistic vision, the authors summarize the production principles and formulas, which, although in parallel, lead to similar results and therefore represent the pillars of a competitive and sustainable business. In conclusion, exploring the circular economy principles and production chain model, challenges, opportunities, and future outlooks are formulated.

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Circular economy metrics: Literature review and company-level classification framework

Cited by 137 publications

References 119 publications

An Innovative Visualization Tool to Boost and Monitor Circular Economy: An Overview of Its Applications at Different Industrial Sectors

An Innovative Visualization Tool to Boost and Monitor Circular Economy: An Overview of Its Applications at Different Industrial Sectors

Green Supply Chain Management with Cooperative Promotion

Enabling the Circular Economy transition: a sustainable lean manufacturing recipe for Industry 4.0

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