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Circular Economy (CE) is considered as one of the important strategies in addressing Sustainable Development Goals. Practicing Circular Economy provides an overview of CE, covering its evolution, describing the key concepts, programs, policies, and regulations. It illustrates several business opportunities over a hundred hand-picked case studies that encompass numerous sectors, various scales of operations and geographies. Another unique feature of the book is the activities listed in each chapter to invoke thoughts, frame assignments, and generate discussions. Each chapter lists key additional reading materials and takeaways. Aimed at mid- and senior-level managers, policy makers, investors, entrepreneurs, consultants, researchers, professors, and academic students involved in the subject of environmental management and sustainability, this book: Introduces the evolution of CE to clarify the key concepts and introduce some of the important global programs and initiatives CE economy with case studies Gives a global overview of adoption of CE covering countries such as India, Japan, Korea, China, EU, North America, Australia, and several more Includes information on methodologies followed, tools, and knowledge resources for practicing CE Provides insight to the business models with numerous case studies covering product design, manufacturing, and services and the role of innovation and financing Presents a comprehensive overview of opportunities in CE in sectors such as textile, steel, agriculture, and food Covers newly emerging paradigms of CE such as regional circular economy, circular supply chains, and sustainable procurement and impact of the COVID-19 pandemic on CE Practicing Circular Economy is thus an important resource for every circular economy practitioner and especially to those who aspire to make a career in circular economy.
In today’s business world, firms and policymakers all utilize circular economy. However, there is a lack of knowledge on how circular economy systems work, which technologies are used, which partners firms should look for, which agreements are required to pursue circular economy, how circular economy interacts with legislation, and what benefits it provides. Additional study on the opportunities and challenges of circular economy is required to ensure business leaders are well informed. Cases on Circular Economy in Practice considers how circular economy systems are implemented and managed in practice, which strategic alliances firms pursue, and how they are coordinated through negotiation and agreements. The book also considers the technologies that circular economy systems use to achieve circularity and how performances are measured in terms of economic, social, and environmental pillars. Covering topics such as blockchain technology, smart cities, and circular business, this reference work is ideal for managers, business owners, industry professionals, researchers, academicians, scholars, practitioners, instructors, and students.
This book is purposefully styled as an introductory textbook on circular economy (CE) for the benefit of educators and students of universities. It provides comprehensive knowledge exemplified by practices from policy, education, R&D, innovation, design, production, waste management, business and financing around the world. The book covers sectors such as agriculture/food, packaging materials, build environment, textile, energy, and mobility to inspire the growth of circular business transformation. It aims to stimulate action among different stakeholders to drive CE transformation. It elaborates critical driving forces of CE including digital technologies; restorative innovations; business opportunities & sustainable business model; financing instruments, regulation & assessment and experiential education programs. It connects a CE transformation for reaching the SDGs2030 and highlights youth leadership and entrepreneurship at all levels in driving the sustainability transformation.
The concept of circular economy is based on strategies, practices, policies, and technologies to achieve principles related to reusing, recycling, redesigning, repurposing, remanufacturing, refurbishing, and recovering water, waste materials, and nutrients to preserve natural resources. It provides the necessary conditions to encourage economic and social actors to adopt strategies toward sustainability. However, the increasing complexity of sustainability aspects means that traditional engineering and management/economics alone cannot face the new challenes and reach the appropriate solutions. Thus, this book highlights the role of engineering and management in building a sustainable society by developing a circular economy that establishes and protects strong social and cultural structures based on cross-disciplinary knowledge and diverse skills. It includes theoretical justification, research studies, and case studies to provide researchers, practitioners, professionals, and policymakers the appropriate context to work together in promoting sustainability and circular economy thinking. Volume 1, Circular Economy and Sustainability: Management and Policy, discusses the content of circular economy principles and how they can be realized in the fields of economy, management, and policy. It gives an outline of the current status and perception of circular economy at the micro-, meso-, and macro-levels to provide a better understanding of its role to achieve sustainability. Volume 2, Circular Economy and Sustainability: Environmental Engineering, presents various technological and developmental tolls that emphasize the implementation of these principles in practice (micro-level). It demonstrates the necessity to establish a fundamental connection between sustainable engineering and circular economy. - Presents a novel approach linking circular economy concept to environmental engineering and management to promote sustainability goals in modern societies - Approaches the topic of production and consumption at both the micro- and macro-levels, integrating principles with practice - Offers a range of theoretical and foundational knowledge in addition to case studies that demonstrate the potential impact of circular economy principles on economic and societal progress
The circular economy describes a world in which reuse through repair, reconditioning and refurbishment is the prevailing social and economic model. The business opportunities are huge but developing product and service offerings and achieving competitive advantage means rethinking your business model from early creativity and design processes, through marketing and communication to pricing and supply. Designing for the Circular Economy highlights and explores ‘state of the art’ research and industrial practice, highlighting CE as a source of: new business opportunities; radical business change; disruptive innovation; social change; and new consumer attitudes. The thirty-four chapters provide a comprehensive overview of issues related to product circularity from policy through to design and development. Chapters are designed to be easy to digest and include numerous examples. An important feature of the book is the case studies section that covers a diverse range of topics related to CE, business models and design and development in sectors ranging from construction to retail, clothing, technology and manufacturing. Designing for the Circular Economy will inform and educate any companies seeking to move their business models towards these emerging models of sustainability; organizations already working in the circular economy can benchmark their current activities and draw inspiration from new applications and an understanding of the changing social and political context. This book will appeal to both academia and business with an interest in CE issues related to products, innovation and new business models.
This book provides an overview of a circular economy. This model has profound consequences for production, employment, education, money & finance but also induces a shift in public policy and taxation. Its economic advantage lies in designing out waste and favouring radical resource productivity with the prospect of rebuilding capital & resilience.
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.
The book is designed to help public and private decision-makers and academics deepen their knowledge and understanding of the contexts, obstacles and challenges of a variety of business types involved in Industrial Symbiosis and Circular Economy practices. Industrial Symbiosis is reported in the Action Plan on the Circular Economy developed by the European Commission in 2015 (COM / 2015/0614 final) and in its revision of 14 March 2017, but relatively little is known of how these practices start, develop or fail, and mutate in a rapidly changing context. Including selected contributions presented at the 24th ISDRS 2018 Conference, “Actions for a Sustainable World: from theory to practice” in the two theme tracks “5c. Circular economy, zero waste & innovation” and “5g. Industrial symbiosis, networking and cooperation as part of industrial ecology”, this book offers a transdisciplinary perspective on real experiences of industrial symbiosis, performed both by industries and the scientific community, best practices, success and unsuccessful cases (implemented or under implementation), with the final aim to promote the adoption of Industrial Symbiosis as an operational and systematic tool for the Circular Economy. In particular, a focus on the environmental, social, and economic impact of Circular Economy and Industrial Symbiosis practices, and how those impacts may be context and/or scale dependent is given.
The circular economy is a policy approach and business strategy that aims to improve resource productivity, promote sustainable consumption and production and reduce environmental impacts. This book examines the relevance of the circular economy in the context of developing countries, something which to date is little understood. This volume highlights examples of circular economy practices in developing country contexts in relation to small and medium enterprises (SMEs), informal sector recycling and national policy approaches. It examines a broad range of case studies, including Argentina, Brazil, China, Colombia, India, Indonesia, Kenya, South Africa, and Thailand, and illustrates how the circular economy can be used as a new lens and possible solution to cross-cutting development issues of pollution and waste, employment, health, urbanisation and green industrialisation. In addition to more technical and policy oriented contributions, the book also critically discusses existing narratives and pathways of the circular economy in the global North and South, and how these differ or possibly even conflict with each other. Finally, the book critically examines under what conditions the circular economy will be able to reduce global inequalities and promote human development in the context of the Sustainable Development Goals. Presenting a unique social sciences perspective on the circular economy discourse, this book is relevant to students and scholars studying sustainability in economics, business studies, environmental politics and development studies.
Circular-Economy is a new concept in operations management. Its goal is to redefine growth, focusing on positive benefits arising for society as a whole out of efficiencies such as designing waste out the operations process. This book will help practitioners use the proper strategy for effective adoption of Circular practices to use in their organization. Features: Provides a complete understanding of Circular-Economy practices Offers advanced mathematical models to help industry management adopt the correct practices Presents a deep understanding of cross-functional and customer-focused design thinking Covers how to develop sustainable practices in all types of activities within operations management. Circular Economy for the Management of Operations will be of interest to practitioners and researchers in engineering as well as business management