A System Dynamics Supply Chain Analysis for the Sustainability Transition of European Rolled Aluminum Products

Masoud Khakdaman, Wout Dullaert, Dirk Inghels (), Marieke van Keeken and Pascal Wissink
Additional contact information
Masoud Khakdaman: Department of Operations Analytics, School of Business and Economics, Vrije Universiteit Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands
Wout Dullaert: Department of Operations Analytics, School of Business and Economics, Vrije Universiteit Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands
Dirk Inghels: Department of Operations Analytics, School of Business and Economics, Vrije Universiteit Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands
Marieke van Keeken: Department of Operations Analytics, School of Business and Economics, Vrije Universiteit Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands
Pascal Wissink: Department of Operations Analytics, School of Business and Economics, Vrije Universiteit Amsterdam, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands

Sustainability, 2024, vol. 16, issue 20, 1-27

Abstract: This research presents a system dynamics model to study the interaction among demand and supply evolutions, government regulations, sustainable adoption trends, investments in different decarbonization technologies, and environmental requirements for the European Aluminum Rolled Product Supply Chain (ARPSC). It allows stakeholders to assess the quantitative impact of investing in decarbonization technologies on supply chain sustainability. Investing in decarbonization technologies reduces greenhouse gas (GHG) emissions. The most substantial GHG emission reductions can be achieved if upstream ARPSC actors invest according to an aggressive investment strategy between 2031 and 2040. However, even with an aggressive investment strategy, investing in decarbonization technologies alone is likely to be insufficient to achieve the European Green Deal goals. Furthermore, barriers to investment in decarbonization technologies and a low rate of progress in doubling the European Union’s circularity rate may put extra stress on achieving the European Green Deal goals for the European ARPSC. Instead, ARPSC actors will additionally need to optimize the recycling of aluminum rolled products and adopt strategies for resource sufficiency, e.g., by sharing cars and using packaging multiple times.

Keywords: demand and supply dynamics; sustainable supply chains; environmental impact; economic impact; system dynamics; aluminum supply chain (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/20/8892/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/20/8892/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:20:p:8892-:d:1498380

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().