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Assessing the impacts of circular economy: a framework and an application to the washing machine industry

Author

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  • Gianmarco Bressanelli
  • Marco Perona
  • Nicola Saccani

Abstract

The literature usually depicts circular economy as a path to embrace sustainability into economic systems. Shifting from a linear to a circular economy leads to environmental and social benefits. However, despite a growing attention from academia, policymakers and businesses, circular economy implementation projects are still scarce. One of the reasons is that circular economy scenarios may be challenging from an economic perspective. In order to spur a transition towards circular economy, new methods to support the assessment of economic, environmental and social impacts of circular economy scenarios are needed. This paper presents a systemic framework to support a simplified evaluation of circular economy scenarios. The framework, developed specifically for durable goods, is applied to the washing machine industry, thanks to a case study. The application results show how the framework adoption may contribute to reduce the uncertainties that are often an obstacle to the transition towards circular economy.

Suggested Citation

  • Gianmarco Bressanelli & Marco Perona & Nicola Saccani, 2019. "Assessing the impacts of circular economy: a framework and an application to the washing machine industry," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 18(3), pages 282-308.
    • Handle: RePEc:ids:ijmdma:v:18:y:2019:i:3:p:282-308
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    Citations

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    Cited by:

    1. Johan Vogt Duberg & Jelena Kurilova‐Palisaitiene & Erik Sundin, 2023. "5‐step approach for initiating remanufacturing (5AFIR)," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4360-4370, November.
    2. Marcos Ferasso & Tatiana Beliaeva & Sascha Kraus & Thomas Clauss & Domingo Ribeiro‐Soriano, 2020. "Circular economy business models: The state of research and avenues ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3006-3024, December.
    3. Sahar AlMashaqbeh & Jose Eduardo Munive-Hernandez, 2023. "Risk Analysis under a Circular Economy Context Using a Systems Thinking Approach," Sustainability, MDPI, vol. 15(5), pages 1-17, February.

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