Proposal of a Sustainable Circular Index for Manufacturing Companies
Open accessAbstract
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.
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The concept offers a 20-45% potential resource reduction, calculated with the indicator utility, due to no need to produce new products.
“20-45% potential resource reduction (calculated with indicator utility 1 ; due to no need to produce new products).”
From Configuring New Business Models for Circular Economy through Product–Service Systems (2019) · cites this paper as Azevedo et al. [59]
The “Characterization Calculation Unit of Measure” section describes a utility-during-use indicator and says that doubling a product’s lifetime would halve the virgin materials used per year for the linear portion of its flow. It does not give a 20–45% resource-reduction estimate or calculate one using that indicator, so the claimed range is unsupported. (LLM, conf=0.85)
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- Authors
- Azevedo, S., Godina, R., & Matias, J.
- Affiliations
- University of Beira Interior (PT)
- University of Aveiro (PT)
- Corresponding author
- Azevedo, Susana
- Venue
- Resources
- Publisher
- MDPI AG
- Published
- 2017-11-10
- Volume
- 6
- Issue
- 4
- Pages
- 63
- ISSN
- 2079-9276 (ISSN-L)
- OpenAlex
- W2767704273
- Cited by
- 165
- References
- 127
- Citations by year
- 2026: 14 · 2025: 15 · 2024: 26 · 2023: 24 · 2022: 29 · 2021: 24 · 2020: 16 · 2019: 11 · 2018: 6
- FWCI
- 17.94
- Type
- journal article
- Language
- en
- Open access
- gold
- doi.org
- Licence
- Locations
- Resources (publishedVersion, cc-by)
- RePEc: Research Papers in Economics (submittedVersion)
- DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
- Funders
- Centro de Estudos Avançados em Gestão e Economia
- Fundação para a Ciência e a Tecnologia (01-0145, COMPETE, POCI-01-0145, POCI-01-0145-FEDER-, COMPETE_2020, POCI-01-, UID/ECO/04007/2013, POCI-01-0145-FEDER-007659, Grant UID/ECO/04007/2013)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Sustainable Supply Chain Management
- Social Sciences › Business, Management and Accounting › Marketing › Environmental Sustainability in Business
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Sustainability and Innovation in Business
- Keywords
- circular economy, manufacturing companies, sustainability assessment, circularity assessment, benchmarking, sustainable production, resource security
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