@incollection{balanay_3_2019,
	series = {The {Textile} {Institute} {Book} {Series}},
	title = {3 - {Tools} for circular economy: {Review} and some potential applications for the {Philippine} textile industry},
	isbn = {978-0-08-102630-4},
	shorttitle = {3 - {Tools} for circular economy},
	url = {http://www.sciencedirect.com/science/article/pii/B9780081026304000030},
	abstract = {Instituting circular economy (CE) for sustainability is the aim of taking stock of various analytical/assessment tools. A review of these tools reveals a continuing endeavor to incorporate in the procedures the systems and life cycle thinking and the triple bottom-line framework of sustainable development (economic, social, and environmental). Over time, the CE tools have been modified with the incorporation of some unique attributes in the cases being studied. Life cycle assessment (LCA) remains the popular and the only standardized procedure to analyze CE issues in industries, specifically in the environmental aspect. However, consistency, measurement, and aggregation issues are the major setbacks of having an integrated LCA for economic, social, and environmental impacts. The alternative tools used across the world to study the economic, social, and environmental aspects of CE have increased in both number and sophistication. Optimization and systems models have been increasingly used on a case-based format. Although the downside is the less standardized approach with less chances of comparability in terms of results, these models have been designed appropriately to tackle challenges associated with intricate, multifaceted, and encompassing sustainability and CE issues to improve policy development. In the textile industry, LCA as a popular tool is only used for environmental sustainability assessment but not much in social and economic aspects. The Philippine textile industry still has to catch up in the application of those tools for sustainability assessment. A framework has been suggested for the country's roadmap/guide to attain circularity in textile industry operations.},
	urldate = {2019-05-13},
	booktitle = {Circular {Economy} in {Textiles} and {Apparel}},
	publisher = {Woodhead Publishing},
	author = {Balanay, Raquel and Halog, Anthony},
	editor = {Muthu, Subramanian Senthilkannan},
	month = jan,
	year = {2019},
	doi = {10.1016/B978-0-08-102630-4.00003-0},
	pages = {49--75}
}

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Over time, the CE tools have been modified with the incorporation of some unique attributes in the cases being studied. Life cycle assessment (LCA) remains the popular and the only standardized procedure to analyze CE issues in industries, specifically in the environmental aspect. However, consistency, measurement, and aggregation issues are the major setbacks of having an integrated LCA for economic, social, and environmental impacts. The alternative tools used across the world to study the economic, social, and environmental aspects of CE have increased in both number and sophistication. Optimization and systems models have been increasingly used on a case-based format. Although the downside is the less standardized approach with less chances of comparability in terms of results, these models have been designed appropriately to tackle challenges associated with intricate, multifaceted, and encompassing sustainability and CE issues to improve policy development. In the textile industry, LCA as a popular tool is only used for environmental sustainability assessment but not much in social and economic aspects. The Philippine textile industry still has to catch up in the application of those tools for sustainability assessment. 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A review of these tools reveals a continuing endeavor to incorporate in the procedures the systems and life cycle thinking and the triple bottom-line framework of sustainable development (economic, social, and environmental). Over time, the CE tools have been modified with the incorporation of some unique attributes in the cases being studied. Life cycle assessment (LCA) remains the popular and the only standardized procedure to analyze CE issues in industries, specifically in the environmental aspect. However, consistency, measurement, and aggregation issues are the major setbacks of having an integrated LCA for economic, social, and environmental impacts. The alternative tools used across the world to study the economic, social, and environmental aspects of CE have increased in both number and sophistication. Optimization and systems models have been increasingly used on a case-based format. 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