Study on Establishment and Application of Circular Economy Evaluation Index System for the Chemical Industry

Abstract

The chemical industry is the focus of circular economy construction, and the construction of evaluation index system of circular economy is an important work. In this paper, a circular economy evaluation index system that may be used for quantized evaluation for the chemical industry is established based on the previous research results, where the weight value of the index system is obtained by the AHP method. The rationality of the evaluation index system is verified through the case studies.

Circular Economy Performance Measurement in Manufacturing Firms: A Systematic Literature Review with Insights for Small and Medium Enterprises and New Adopters

“…As for the theoretical development, several contributions focus on a single context. In terms of sector, studies address manufacturing in general [99,120], but many are tailored to specific sectors such as pulp and paper [102], tire production [78,95], plastics [104], or chemicals [124]. Concerning geographical areas, some studies focus on Europe [14] or emerging economies [15].…”

“…An accepted threshold number of indicators has not yet been established in the literature, and suggestions range between 5 and 60 indicators [137,138], while empirical applications suggest a range from 20 to 70, depending on the context [133,139]. As some of the reviewed contributions can be placed in this range [31,117,124], the literature is still missing a proposal for adapting a system based on the specific context under evaluation.…”

“…Given the complex nature of the concept, systems for the measurement of CE-related performance should be addressed from a multi-dimensional perspective [82]. In general terms, authors provide frameworks of indicators that include economic-and productivity-related aspects [31,88,91], environmental aspects [117,121,124], and social and institutional aspects [91,123].…”

“…One main issue related to the development of an index lays in the possible subjectivity of evaluation [83] of how different indicators should be weighted in their contributions to the overall index [91]. Some studies apply the analytic hierarchy process [87,124], use fuzzy methods [125,126], or a combination of them [123]. Others propose the use of the multi-criteria evaluation method [96,105].…”