Sustainable consumption and production in business decision-making models

2018 ◽  
Vol 128 ◽  
pp. 118-121 ◽  
Author(s):  
Ming-Lang Tseng ◽  
Anthony S.F. Chiu ◽  
Dong Liang
Author(s):  
Ana Cristina Pego

The use of renewable energy and recycling products is one of the main achievements of organizations. The circular economy (CE) is a new concept which evolves out of a new management assumption in organizations based on recycling, reuse, and repurposing of products. The circular economy provides a framework for facing challenges and a guide for rethinking and redesigning the future. This chapter analyzes the Portuguese market for circular economy organizations based on discussion of the CE conceptual model. The circular economy is expected to contribute positively by introducing new methodologies for the production of raw materials, with new production processes and giving value to eco products. The challenge for Portuguese organizations is to create management “vectors” which promote networking innovation, labor, capital, and eco products. Overall, the conceptual model presented gives importance to Portuguese business decision making for sustainable consumption, which provides advancements in business for the green supply chain.


2018 ◽  
Vol 118 (2) ◽  
pp. 349-389 ◽  
Author(s):  
Chunguang Bai ◽  
Purvi Shah ◽  
Qingyun Zhu ◽  
Joseph Sarkis

Purpose The purpose of this paper is to identify how organizations can evaluate the green product deletion decision within an environmentally sustainable consumption and production environment through a hybrid multistage multiple criteria evaluation approach. Design/methodology/approach This paper proposes a decision-making model by integrating “soft computation” using neighborhood rough set theory, fuzzy cluster means, and cumulative prospect theory. Literature is used to identify various factors for the decision environment. An illustrative problem provides insights into the methodology and application. Findings The results indicate that green products can be evaluated from both their relative environmental burdens and benefits. Sustainable consumption and production factors that play a role in this multifactor decision are identified. The results show that a comprehensive evaluation can capture an effective overall picture on which green product(s) to delete. Research limitations/implications The opaqueness of the proposed methodology may cause less acceptance by management. The methodology made a number of assumptions related to the data. An actual application of the tool rather than just an illustrative example is needed. Originality/value The main contribution of this study is the novel integration of supply chain perspectives, both upstream (supply and production) and downstream (demand/usage), with green product deletion decision making. The hybrid multistage technique has advantages of being able to incorporate many factors that have a variety of quantitative and qualitative characteristics to help managers address green product deletion issues as well as its impact on greening of supply chains and organizational environmental sustainability. This paper adds value to product deletion, supply chain management, and sustainable production and consumption literatures.


2016 ◽  
Vol 17 (1) ◽  
pp. 18-29 ◽  
Author(s):  
Pruethsan Sutthichaimethee ◽  
Yothin Sawangdee

AbstractThe objective of this research is to propose an indicator to evaluate environmental impacts from the Machinery sectors of Thailand, leading to more sustainable consumption and production in this sector of the economy. The factors used to calculate the Forward Linkage, Backward Linkage and Real Benefit were the Total Environmental Costs. The highest total environmental cost was Railway Equipment which needs to be resolved immediately because it uses natural resources more than its carrying capacity, higher environmental cost than standard, and contributes low real benefit. Electric Accumulator & Battery, Secondary Special Industrial Machinery, Motorcycle, Bicycle & Other Carriages, and Engines and Turbines need to be monitored closely because they are able to link to other production sectors more than any other production sectors do, and they have high environmental cost. To decide a sustainable development strategy of the country, therefore, results of this research must be used to support decision-making.


Author(s):  
Rasol Murtadha Najah

This article discusses the application of methods to enhance the knowledge of experts to build a decision-making model based on the processing of physical data on the real state of the environment. Environmental parameters determine its ecological state. To carry out research in the field of expert assessment of environmental conditions, the analysis of known works in this field is carried out. The results of the analysis made it possible to justify the relevance of the application of analytical, stochastic models and models based on methods of enhancing the knowledge of experts — experts. It is concluded that the results of using analytical and stochastic objects are inaccurate, due to the complexity and poor mathematical description of the objects. The relevance of developing information support for an expert assessment of environmental conditions is substantiated. The difference of this article is that based on the analysis of the application of expert methods for assessing the state of the environment, a fuzzy logic adoption model and information support for assessing the environmental state of the environment are proposed. The formalization of the parameters of decision-making models using linguistic and fuzzy variables is considered. The formalization of parameters of decision-making models using linguistic and fuzzy variables was considered. The model’s description of fuzzy inference is given. The use of information support for environment state assessment is shown on the example of experts assessing of the land desertification stage.


2018 ◽  
Vol 28 (5) ◽  
pp. 1489-1496
Author(s):  
Branislav Stanisavljević

Research carried out in the last few years as the example of companies belonging to the category of medium-size enterprises has shown that, for example, typical enterprises, of the total number of data processed in information of importance for its business, seriously takes into consideration and process only 10% of the observed firms. It is justifiable to ask whether these 10% of the processed and analyzed business information can have an adequate potential or motive power to direct the organization to success that is measured by competitive advantages and on a sustainable basis? Or, the question can be formulated: what happens to the rest, mostly 90% of the information that the enterprise does not transform into a form suitable for business analysis and decision-making. It is precisely the task of business intelligence to find a way to utilize all the data collected and processed in the business decision-making process. In this regard, we can conclude that Business Intelligence is, in fact, the framework title for all tools and / or applications that will enable the collection, processing, analysis, distribution to decision-making bodies in the business system in order to derivate from this information valid business decisions - as the most important and / or most important task of the manager. Of course, from an economic point of view, the best decisions are management decisions that provide a lasting competitive advantage and achieve maximum financial performance. This means that business intelligence actually allows a more complete and / or comprehensive view of the overall business performance of all its parts and subsystems. But the system functions can be measured essential and positive economic and financial performance, as well as the position in the branch of the business to which it belongs, and wider, within the national economy. (Of course, today the boundaries of the national economy have become too crowded for many companies, bearing in mind globalization and competitiveness in the light of organization of work and business function). The advantage of business intelligence as a model, if accepted at the organization level, ensures that each subsystem in the organization receives precisely the information needed to make development decisions, but also decisions regarding operational activities. So, it should be born in mind that business intelligence does not imply that information is shared on some key words, on the contrary, the goal is to look at the context of the business, or in general, and that anyone in the further decision hierarchy can manage exactly the same information that is necessary for achieving excellent business performance. Because, if the insight into the information is not complete, the analysis is based on the description of individual parts, i.e. proving partial performance in the realization of individual information, which can certainly create a space for the loss of the expensive time and energy. Illustratively, if the view, or insight into the information, is not 100%, then all business decision-making is like the song of J.J. Zmaj "Elephant", about an elephant and a blindmen, where everyone feels and act only on the base of the experienced work, and brings judgment on what is what or what can be. As in this song for children, everyone thinks that he touches different animals and when they make claims about what they feel, everyone describes a completely different life. Therefore, business intelligence implies that information is fully considered and it is basically the basis or knowledge base, and therefore the basis of business excellence. In doing so, the main problem is how information is transformed into knowledge and based on it in business decision making. It is precisely in this segment that the main advantage of business intelligence is its contribution to the knowledge and business of the company based on power of knowledge. Therefore, for modern business conditions, it is characteristic that the management of the company is realized on the basis of partial knowledge about stakeholders (buyers, suppliers, competitors, shareholders, governments, institutional framework, legislation), and only a complete overview of managers at the highest level in all these partial interest groups allows managers to have a “boat” called the organization of labor leading a safe hand through the storm, Scile and Haribde threatens to endanger business, towards a calm sea and a safe harbor - called a sustainable competitive advantage based on power and knowledge.


2021 ◽  
Vol 13 (14) ◽  
pp. 7742
Author(s):  
Taiwo Temitope Lasisi ◽  
Kayode Kolawole Eluwole ◽  
Uju Violet Alola ◽  
Luigi Aldieri ◽  
Concetto Paolo Vinci ◽  
...  

The United Nations Sustainable Development Goals (UNSDGs) elaborately encompass a global goal for sustainable consumption and production (Goal 12: SDGs), thus providing potential drivers and/or pathways to attaining sustainable consumption. In view of this global goal, this study examined the role of real income per capita, urbanization and especially inbound tourism in domestic material consumption for the panel of OECD countries. The study is conducted for the period of 1995 to 2016 by employing the panel quantile approach. Interestingly, an inverted U-shaped relationship between outbound tourism and domestic material consumption is established across the quantiles, thus indicating that sustainable domestic consumption is achievable after a threshold of domestic material consumption is attained. In addition, achieving sustainable consumption through economic or income growth is a herculean task for the OECD countries because the current reality indicates that income growth triggers higher consumption of domestic materials. However, the results suggest that urbanization is a recipe for sustainable domestic consumption since there is a negative and significant relationship between the two parameters across the quantiles. Nevertheless, the study presents relevant policy for efficient material and resources utilization and that is suitable to drive the SDGs for 2030 and other country-specific sustainable ambitions.


2021 ◽  
Vol 13 (4) ◽  
pp. 1732
Author(s):  
Seok-ho Jung ◽  
Mee-hye Lee ◽  
Seong-ho Lee ◽  
Ji Whan Ahn

In September 2015, the United Nations included ‘sustainable consumption and production’ as part of its 12th goal of sustainable development. The EU announced its Circular Economic Package in December 2015 to move from the existing linear economic structure to the net environmental system. Recycling of household waste has become more significant as a circular economic policy has been implemented to reflow waste into the economy through recycling worldwide. In this study, Korea’s household waste generation for 20 years from 1998 to 2017 was analyzed through statistical techniques. Waste generation tended to increase in the order of plastics and cans, and papers tended to decrease. The amount of bottle wastes has been on the decline after increasing. A questionnaire survey on recycling priority was conducted on 261 people, including participants in the EARTH-2019 recycling experience hall, using the analytic hierarchy process (AHP) technique. According to the survey, the recycling priorities of six types of household waste are (first) plastic, (second) cans, viny, scrap metals, (third) paper, and (fourth) bottles. Statistical analysis of mid- to long-term household waste generation and AHP-based household waste recycling priority survey results can be used as basic data, such as environmental analysis in Korea’s recycling-related policies and research.


Land ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 288 ◽  
Author(s):  
Elena A. Mikhailova ◽  
Hamdi A. Zurqani ◽  
Christopher J. Post ◽  
Mark A. Schlautman ◽  
Gregory C. Post

Soil ecosystem services (ES) (e.g., provisioning, regulation/maintenance, and cultural) and ecosystem disservices (ED) are dependent on soil diversity/pedodiversity (variability of soils), which needs to be accounted for in the economic analysis and business decision-making. The concept of pedodiversity (biotic + abiotic) is highly complex and can be broadly interpreted because it is formed from the interaction of atmospheric diversity (abiotic + biotic), biodiversity (biotic), hydrodiversity (abiotic + biotic), and lithodiversity (abiotic) within ecosphere and anthroposphere. Pedodiversity is influenced by intrinsic (within the soil) and extrinsic (outside soil) factors, which are also relevant to ES/ED. Pedodiversity concepts and measures may need to be adapted to the ES framework and business applications. Currently, there are four main approaches to analyze pedodiversity: taxonomic (diversity of soil classes), genetic (diversity of genetic horizons), parametric (diversity of soil properties), and functional (soil behavior under different uses). The objective of this article is to illustrate the application of pedodiversity concepts and measures to value ES/ED with examples based on the contiguous United States (U.S.), its administrative units, and the systems of soil classification (e.g., U.S. Department of Agriculture (USDA) Soil Taxonomy, Soil Survey Geographic (SSURGO) Database). This study is based on a combination of original research and literature review examples. Taxonomic pedodiversity in the contiguous U.S. exhibits high soil diversity, with 11 soil orders, 65 suborders, 317 great groups, 2026 subgroups, and 19,602 series. The ranking of “soil order abundance” (area of each soil order within the U.S.) expressed as the proportion of the total area is: (1) Mollisols (27%), (2) Alfisols (17%), (3) Entisols (14%), (4) Inceptisols and Aridisols (11% each), (5) Spodosols (3%), (6) Vertisols (2%), and (7) Histosols and Andisols (1% each). Taxonomic, genetic, parametric, and functional pedodiversity are an essential context for analyzing, interpreting, and reporting ES/ED within the ES framework. Although each approach can be used separately, three of these approaches (genetic, parametric, and functional) fall within the “umbrella” of taxonomic pedodiversity, which separates soils based on properties important to potential use. Extrinsic factors play a major role in pedodiversity and should be accounted for in ES/ED valuation based on various databases (e.g., National Atmospheric Deposition Program (NADP) databases). Pedodiversity is crucial in identifying soil capacity (pedocapacity) and “hotspots” of ES/ED as part of business decision making to provide more sustainable use of soil resources. Pedodiversity is not a static construct but is highly dynamic, and various human activities (e.g., agriculture, urbanization) can lead to soil degradation and even soil extinction.


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