Knowledge Agora



Scientific Article details

Title Conceptualising Circular economy performance with non-traditional valuation methods: Lessons for a post-Pandemic recovery
ID_Doc 3755
Authors Nandi, S; Hervani, AA; Helms, MM; Sarkis, J
Title Conceptualising Circular economy performance with non-traditional valuation methods: Lessons for a post-Pandemic recovery
Year 2023
Published International Journal Of Logistics-Research And Applications, 26, 6
DOI 10.1080/13675567.2021.1974365
Abstract The circular economy (CE) has gained importance in the post-COVID-19 pandemic recovery. Businesses, while realising the CE benefits, have challenges in justifying and evaluating the CE benefits using available performance measurement tools, specifically when considering sustainability and other non-traditional benefits. Given the rising institutional pressures for environmental and social sustainability, we argue that organisations can evaluate their CE implementation performance using non-market-based environmental goods valuation methods. Further, the effectiveness of the CE performance measurement model can be enhanced to support supply chain sustainability and resilience through an ecosystem of multi-stakeholder digital technologies that include a range of emerging technologies such as blockchain technology, the internet-of-things (IoT), artificial intelligence, remote sensing, and tracking technologies. Accordingly, a CE performance measurement model (CEPMM) is conceptualised and exemplified using seven COVID-19 disruption scenarios to provide insights that can be addressed through CE practices. Analyses and implications are presented along with areas for future research.
Author Keywords For indexing; sustainability; circular economy; performance measurement; logistics; COVID-19; digitization; Environmental Economics
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000693531500001
WoS Category Management
Research Area Business & Economics
PDF
Similar atricles
Scroll