A Framework for Assessing the Contribution of Firms to Circular Economy: a Triple-Level Approach

Georgios Lanaras-Mamounis, Anastasios Kipritsis, Thomas A. Tsalis (), Konstantinos Ι. Vatalis and Ioannis E. Nikolaou
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Georgios Lanaras-Mamounis: Democritus University of Thrace
Anastasios Kipritsis: Democritus University of Thrace
Thomas A. Tsalis: Democritus University of Thrace
Konstantinos Ι. Vatalis: University of Western Macedonia
Ioannis E. Nikolaou: Democritus University of Thrace

Circular Economy and Sustainability, 2022, vol. 2, issue 3, 883-902

Abstract: Abstract This paper presents a framework for evaluating the progress of firms towards the implementation of circular economy (CE) strategies. Despite the current popularity of CE and the proliferation of suggested indicators and measurement frameworks for CE, there still remains a gap regarding the measurement of firms’ contribution to the overall context of CE. The proposed framework aims at overcoming this gap by utilizing an evaluation matrix which is based on the three-level context of CE, the key “Rs” principles/strategies of CE, and material loops. To test the applicability of the proposed methodology, an empirical analysis was carried out in a sample of plastic industries. According to the findings, firms show a better performance at the macro-level than the other levels which should be substantially improved. In addition, the empirical analysis indicates that the proposed framework can be a practical tool for firms and interested parties to assess the CE level of firms.

Keywords: Circular economy measurement framework; Circular economy strategies; Circular economy; Plastic industry; Circular business models (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s43615-021-00144-8

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