Implications of developing a tool for sustainability screening of circular economy initiatives

Implications of developing a tool for sustainability screening of circular economy initiatives. Kravchenko, M., McAloone, T. C., & Pigosso, D. C. A. Procedia CIRP, 80:625–630, January, 2019.

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Circular economy seems to offer abounding opportunities for companies that are seeking to optimize their business practices while reducing the environmental burden. Circular economy therefore is often seen as a stepping-stone towards sustainability. However, to ensure the transition from linear to circular economy in a sustainable way, a shift requires implementation of not only financially beneficial circular strategies, but also environmentally and socially valuable ones. The challenge for companies is to understand how a particular circular initiative in their business context contributes to sustainability and what elements of sustainability have to be assessed prior to the initiative implementation. This paper illustrates how an indicator-based sustainability screening tool for circular economy initiatives can guide companies in their decision making towards a more sustainable circular initiative choice. In addition, the paper highlights challenges of measuring sustainability in a circular economy context.

@article{kravchenko_implications_2019,
	series = {26th {CIRP} {Conference} on {Life} {Cycle} {Engineering} ({LCE}) {Purdue} {University}, {West} {Lafayette}, {IN}, {USA} {May} 7-9, 2019},
	title = {Implications of developing a tool for sustainability screening of circular economy initiatives},
	volume = {80},
	issn = {2212-8271},
	url = {http://www.sciencedirect.com/science/article/pii/S2212827119300460},
	doi = {10.1016/j.procir.2019.01.044},
	abstract = {Circular economy seems to offer abounding opportunities for companies that are seeking to optimize their business practices while reducing the environmental burden. Circular economy therefore is often seen as a stepping-stone towards sustainability. However, to ensure the transition from linear to circular economy in a sustainable way, a shift requires implementation of not only financially beneficial circular strategies, but also environmentally and socially valuable ones. The challenge for companies is to understand how a particular circular initiative in their business context contributes to sustainability and what elements of sustainability have to be assessed prior to the initiative implementation. This paper illustrates how an indicator-based sustainability screening tool for circular economy initiatives can guide companies in their decision making towards a more sustainable circular initiative choice. In addition, the paper highlights challenges of measuring sustainability in a circular economy context.},
	urldate = {2019-05-06},
	journal = {Procedia CIRP},
	author = {Kravchenko, Mariia and McAloone, Tim C. and Pigosso, Daniela C. A.},
	month = jan,
	year = {2019},
	pages = {625--630}
}

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