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Proposal of a Sustainable Circular Index for Manufacturing Companies

Author

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  • Susana Garrido Azevedo

    (CEFAGE (Center for Advanced Studies in Management and Economics)—Department of Management and Economics, University of Beira Interior, 6201-001 Covilhã, Portugal)

  • Radu Godina

    (C-MAST (Centre for Aerospace Science and Technologies) and GOVCOPP (Governance, Competitiveness and Public Policies)—Department of Electromechanical Engineering, University of Beira Interior, 6201-001 Covilhã, Portugal)

  • João Carlos de Oliveira Matias

    (C-MAST (Centre for Aerospace Science and Technologies) and Department of Economics, Management, Industrial Engineering and Tourism, University of Aveiro, 3810-193 Aveiro, Portugal)

Abstract

Recently the circular economy has increasingly received attention worldwide due to the recognition that the security of the supply of resources and environmental sustainability are crucial for the prosperity of all the countries and businesses. G20 countries are stimulating the development of frameworks that enhance the circular economy and generally more sustainable production and consumption modes. In this context, this paper aims to suggest an index to assess the sustainability and the circularity of manufacturing companies. With this tenet, a Sustainable Circular Index (SCI) is proposed based on a five-phase framework. This index could support managers in assessing their level of sustainability and circularity and in implementing some practices that could improve the performances of their companies regarding these two topics. This index represents an important benchmarking tool for manufacturing companies to assess their sustainable and circular behavior and represents a guideline for managers.

Suggested Citation

  • Susana Garrido Azevedo & Radu Godina & João Carlos de Oliveira Matias, 2017. "Proposal of a Sustainable Circular Index for Manufacturing Companies," Resources, MDPI, vol. 6(4), pages 1-24, November.
    • Handle: RePEc:gam:jresou:v:6:y:2017:i:4:p:63-:d:118414
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    12. Marina I. Baumer-Cardoso & Weslynne S. Ashton & Lucila M. S. Campos, 2023. "Measuring the Adoption of Circular Economy in Manufacturing Companies: the Proposal of the Overall Circularity Effectiveness (OCE) Index," Circular Economy and Sustainability, Springer, vol. 3(1), pages 511-534, March.
    13. Victoria Vicario-Modroño & Rosa Gallardo-Cobos & Pedro Sánchez-Zamora, 2023. "Sustainability evaluation of olive oil mills in Andalusia (Spain): a study based on composite indicators," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6363-6392, July.
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    15. Iuliia Plastinina & Lyudmila Teslyuk & Nataliya Dukmasova & Elena Pikalova, 2019. "Implementation of Circular Economy Principles in Regional Solid Municipal Waste Management: The Case of Sverdlovskaya Oblast (Russian Federation)," Resources, MDPI, vol. 8(2), pages 1-18, May.
    16. Roxana Lavinia Pacurariu & Sorin Daniel Vatca & Elena Simina Lakatos & Laura Bacali & Mircea Vlad, 2021. "A Critical Review of EU Key Indicators for the Transition to the Circular Economy," IJERPH, MDPI, vol. 18(16), pages 1-19, August.
    17. Anna Luthin & Marzia Traverso & Robert H. Crawford, 2024. "Circular life cycle sustainability assessment: An integrated framework," Journal of Industrial Ecology, Yale University, vol. 28(1), pages 41-58, February.
    18. Caroline Samberger & Sanaz Imen & Katerina Messologitis & Arthur Umble & Joseph G. Jacangelo, 2024. "Assessing circularity of wastewater treatment systems: A critical review of indicators," Journal of Industrial Ecology, Yale University, vol. 28(2), pages 262-276, April.
    19. Leticia Fuertes Giné & Emanuela Vanacore & Agnieszka D. Hunka, 2022. "Public Procurement for the Circular Economy: a Comparative Study of Sweden and Spain," Circular Economy and Sustainability, Springer, vol. 2(3), pages 1021-1041, September.
    20. Benedetta Esposito & Nicola Raimo & Ornella Malandrino & Filippo Vitolla, 2023. "Circular economy disclosure and integrated reporting: The role of corporate governance mechanisms," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5403-5419, December.
    21. Chin, Hon Huin & Varbanov, Petar Sabev & Klemeš, Jiří Jaromír & Kravanja, Zdravko, 2023. "Novel circularity and sustainability assessment of symbiosis networks through the Energy Quality Pinch concept," Energy, Elsevier, vol. 266(C).

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