| Title |
Design of Indicators for Measuring Product Performance in the Circular Economy |
| ID_Doc |
267 |
| Authors |
Griffiths, P; Cayzer, S |
| Title |
Design of Indicators for Measuring Product Performance in the Circular Economy |
| Year |
2016 |
| Published |
|
| DOI |
10.1007/978-3-319-32098-4_27 |
| Abstract |
This paper explores measurement of product performance with respect to circular economy principles. Potential indicators are assessed, with special attention given to questions such as: the variables that should be measured; how these variables should be assessed; and in which format they should be presented. The resulting considerations are used to develop a prototype whose design is informed through feedback from Circular Economy experts. The prototype uses a points-based questionnaire which converges into a simple final result with minimum and maximum limits. The selected approach is critically appraised, and its utility for decision-making discussed. The strengths include: ease of use; simplicity; speed; and an effective metaphor for the diffusion of circular economy principles. The limitations include: the opaque and potentially misleading nature of a single metric; superficial engagement with decision making; and the reliance on context specific assumptions. Future developments could include refining the approach to encourage deeper reflection, and generalization of the approach to different industry sectors or sustainability frameworks. |
| Author Keywords |
Circular economy; Metrics |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Science (CPCI-S) |
| EID |
WOS:000386325700027 |
| WoS Category |
Computer Science, Artificial Intelligence; Engineering, Electrical & Electronic; Engineering, Mechanical |
| Research Area |
Computer Science; Engineering |
| PDF |
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