Proposal of a Sustainable Circular Index for Manufacturing Companies

Susana Garrido Azevedo, Radu Godina and João Carlos de Oliveira Matias
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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

Resources, 2017, vol. 6, issue 4, 1-24

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.

Keywords: sustainability; circular economy; composite index; manufacturing companies (search for similar items in EconPapers)
JEL-codes: Q1 Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

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