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Title Seafood businesses' resilience can benefit from circular economy principles
ID_Doc 4139
Authors Fletcher, CA; St Clair, R; Sharmina, M
Title Seafood businesses' resilience can benefit from circular economy principles
Year 2021
Published Nature Food, 2, 4
DOI 10.1038/s43016-021-00262-4
Abstract Seafood is expected to become increasingly important in future food systems and healthy diets. This transition will require the seafood sector to adapt business practices to respond to environmental and social challenges while increasing resilience. Here, we develop the circular economy-resilience framework for business models (CERF-BM) and, through exploring the current literature, apply this framework to business models in the seafood sector. We find that the majority of business models incorporate elements of circular economy and resilience in a limited way. The reviewed business models often fail to consider other supply chain actors and, instead, focus on the business itself and its customers. The CERF-BM helps to elucidate this disconnect through assessing business models against company-level actions towards circularity in combination with systems-level resilience mechanisms. To reap the synergies between the circular economy and resilience mechanisms, seafood businesses could extract more value from organic waste and dematerialize their business models. A framework based on circular economy and business model canvas principles is used to explore pathways towards future seafood sector resilience, elucidating how seafood business models currently operate and highlighting business practices that could increase sustainability.
Author Keywords
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000644076300012
WoS Category Food Science & Technology
Research Area Food Science & Technology
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