| Title | Investigating the sustainable development goals derived due to adoption of circular economy practices |
|---|---|
| ID_Doc | 3869 |
| Authors | Lahane, S; Kant, R |
| Title | Investigating the sustainable development goals derived due to adoption of circular economy practices |
| Year | 2022 |
| Published | |
| Abstract | Recently, the novel concept of the circular supply chain (CSC) has gained substantial attention amongst researchers across the globe. It is due to the issues of unsustainability in supply chain operation of manufacturing industry. CSC amalgamates the circular economy (CE) into the supply chain of manufacturing organizations. Business organizations can achieve several sustainable development goals by adopting CSC as an innovative strategy. However, limited attention has been given to its implementation in emerging economies. Thus, this research aim is to identify and analyze the essential CE practices that help to accomplish the several sustainable development goals (SDGs) of CSC management. This research presents an integrated framework of Pythagorean fuzzy analytic hierarchy process (PF-AHP) and Pythagorean fuzzy combinative distance-based assessment (PFCODAS) techniques. PF-AHP is employed to determine the relative importance of CE practices, whereas PFCODAS method ranks the SDGs derived due to the adoption of CE practices. The effectiveness of the proposed framework is validated with the help of an Indian manufacturing organization. The finding of this research reveals that practices based on 'government', 'management', and 'economy' initiatives play a significant role and contribute 50 % of its influence on the effective CSC adoption, whereas, 'mitigate waste and enhance environmental sustainability', is identified as the most critical SDG realized due to adoption of CE practices. Sensitivity analysis is conducted to check the robustness of proposed methods. This research provides the systematic, accurate, and valuable decision support tools to practitioners to execute the CE practices efficiently for achieving the various sustainability goals. |
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