Development of a Holistic Assessment Framework for Industrial Organizations

Konstantinos G. Aravossis, Vasilis C. Kapsalis, Grigorios L. Kyriakopoulos and Theofanis G. Xouleis
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Konstantinos G. Aravossis: Environmental Economics and Sustainability Unit, Sector of Industrial Management and Operations Research, School of Mechanical Engineering, National Technical University of Athens, GR 157 80 Athens, Greece
Vasilis C. Kapsalis: Environmental Economics and Sustainability Unit, Sector of Industrial Management and Operations Research, School of Mechanical Engineering, National Technical University of Athens, GR 157 80 Athens, Greece
Grigorios L. Kyriakopoulos: Environmental Economics and Sustainability Unit, Sector of Industrial Management and Operations Research, School of Mechanical Engineering, National Technical University of Athens, GR 157 80 Athens, Greece
Theofanis G. Xouleis: GREENiT Environmental, GR 104 33 Athens, Greece

Sustainability, 2019, vol. 11, issue 14, 1-24

Abstract: The evaluation and selection among the best production practices beyond the conventional linear models is, nowadays, concerned with those holistic approaches drawn toward environmental assessment in industry. Therefore, researchers need to develop an analysis that can evaluate the performance of industrial organization in the light of their environmental viewpoint. This study implemented a pilot co-integrated scheme based on an innovative in-house Holistic Assessment Performance Index for Environment (HAPI-E) industry tool while assimilating the principles of circular economy through the Eco-innovation Development and Implementation Tool (EDIT). For the latter, nine qualitative indicators were motivated and enriched the weighting criteria of the questionnaire. The decomposition of the complexity and preferences mapping was accompanied by a multi-criteria holistic hierarchical analysis methodology in order to synthesize a single index upon a need-driven scoring. This multi-criteria decision approach in industry can quantify the material and process flows, thus enhancing the existing knowledge of manipulating internal resources. The key-criteria were based on administrative, energy, water, emissions, and waste strategies. Subsequently, the HAPI-E industry tool was modeled on the food industry, being particularly focused on pasta-based industrial production. Then, the parameters of this tool were modeled, measured, and evaluated in terms of the environmental impact awareness. The magnitude of necessary improvements was unveiled, while future research orientations were discussed. The HAPI-E industry tool can be utilized as a precautionary methodology on sustainable assessment while incorporating multifaceted and quantification advantages.

Keywords: holistic assessment framework; proactiveness; environmental indicators; sustainable development; sustainable production schemes; circular economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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