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Scientific Article details

Title Assessing the environmental and economic impacts of adopting circular economy for sustainable resource management in the Indian construction sector
ID_Doc 2740
Authors Mhatre-Shah, P; Gedam, V; Unnikrishnan, S
Title Assessing the environmental and economic impacts of adopting circular economy for sustainable resource management in the Indian construction sector
Year 2024
Published Journal Of Indian Business Research, 16, 1
DOI 10.1108/JIBR-05-2023-0169
Abstract PurposeThe aim of this study is to understand the environmental benefits and economic savings associated with adoption of circular economy in the construction sector. The research findings will support different stakeholders and decision makers to develop business models based on responsible consumption of resources and build sustainable business models.Design/methodology/approachThe research uses mixed methodology wherein inventory for life cycle assessment and life cycle costing for environmental and economic impacts is based on primary data using on-site visits for qualitative and quantitative data.FindingsDifferent types of land transportation infrastructures are compared for their environmental impacts. It is found that bridges have the highest environmental impacts as compared to tunnels, roads and railways. Further, the results affirm the environmental and economic benefits of adopting circular economy practices.Originality/valueThis is one of a kind research that compares the environmental and economic tradeoffs of adopting circular economy in different types of land transportation infrastructures.
Author Keywords Life cycle assessment; Life cycle costing; Construction; Circular economy; Sustainable resource management
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001188957300001
WoS Category Business
Research Area Business & Economics
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