scholarly journals METHODOLOGICAL FEATURES OF ASSESSMENT OF THE LEVEL OF DEVELOPMENT OF THE CIRCULAR ECONOMY OF AN ENTERPRISE

2022 ◽  
pp. 72-80
Author(s):  
A. Stanovskaya
Keyword(s):  
Resource Use ◽  
Circular Economy ◽  
Business Models ◽  
Local Level ◽  
Advantages And Disadvantages ◽  
Production And Consumption ◽  
Efficient Resource ◽  
Analytical Review ◽  
Methodological Approaches ◽  
Global Agenda

Currently, an important item on the global agenda is the achievement of sustainable development, which is impossible without a transition to sustainable production and consumption patterns. Effective business models for ensuring more efficient resource use are offered by the concept of a circular economy (circular economy). Indicators other than those used in linear economics are needed to monitor progress in the transition to a circular economy. The article presents the results of an analytical review and comparison of the most common methodological approaches in English and Russian-speaking scientific research to assessing the circular economy at the local level. The advantages and disadvantages of these approaches, their areas of possible application are indicated. The conclusion is made about the narrowness of the interpretation of the concept of circular economy in the analyzed works and the need to develop a special tool for assessing the circular economy of an enterprise.

scholarly journals Methodical Approaches to the Assessment of Budget Efficiency of Territories

2020 ◽  
Vol 24 (1) ◽  
pp. 125-131
Author(s):  
G. Nedopad ◽  
Keyword(s):  
Financial Management ◽  
Intergovernmental Relations ◽  
Local Level ◽  
The State ◽  
Structural Development ◽  
Advantages And Disadvantages ◽  
Study Results ◽  
Methodological Approaches ◽  
Object Of Study ◽  
The Individual

Annotation. Introduction. According to the principles of the program-target method of budgeting, the diagnosis of budget efficiency of territories is the key goal of assessing the implementation of regional policy and improving the efficiency of budget funds, which, in turn, will not only determine the effectiveness of this process Therefore, assessing the level of budget efficiency of territories is a mandatory element of financial management at the local level. The purpose of the article is to study the methodological approaches of scientists to assess the budget efficiency of territories and on their basis the formation of the author’s directions of assessment of the object of study. Results. It is investigated that in recent years there have been positive trends in the socio-economic development of the state as a whole and its regions in particular, but still the development of individual regions remains asymmetric due to the inability of territories to accumulate the necessary financial resources to local budgets. places, which, in turn, does not contribute to providing appropriate conditions for the structural development of the regions. The existing methodological approaches are systematized, their advantages and disadvantages are analyzed and it is found that they are based on traditional methodological principles and provide for the analysis of absolute, relative indicators, integrated indices and rankings, etc.; do not have a single vision for a set of indicators; mainly focus on assessing the structure of the budget and the individual components of its revenue and expenditure parts. The necessity of improvement of a technique of diagnostics of budgetary efficiency of territories which will provide the analysis in the following directions is substantiated: the state of the budget; financial capacity of the budget; intergovernmental relations; financial independence; budget load; budgeting efficiency; budget management. Conclusions. The system of the formed directions will allow to estimate a level of budgetary efficiency of territories of Ukraine in the conditions of decentralization and to develop long-term budgetary strategy on places. Keywords: territory; methodical approaches; diagnostics; budget efficiency.

scholarly journals Problems of development of the circular economy as a factor in Russia’s sustainable development

2020 ◽  
Vol 15 (3) ◽  
pp. 155-164
Author(s):  
N. G. Gadzhiev ◽  
N. A. Murzak ◽  
A. E. Mitenkova ◽  
O. V. Skripkina ◽  
S. A. Konovalenko
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Circular Economy ◽  
Business Models ◽  
Negative Impact ◽  
Anthropogenic Pressure ◽  
Production And Consumption ◽  
Social Components ◽  
Recycled Waste ◽  
Consumption Waste

Aim. To investigate the process of formation of the circular economy in Russia within the framework of ensuring sustainable development and to identify the problems of forming a circular economy and the barriers that hinder the process of implementing business models of a circular economy in enterprises.Materials and Methods. Our study is based on systems analysis, comparative and statistical methods.Discussion. The research results have confirmed the necessity of transition to the formation a circular economy in Russia. This is despite the fact that the volume of recycled waste arising from production and consumption in Russia is growing faster than that of its generation, the actual proportion of recycling and waste disposal is growing rather slowly (somewhat more than 50%), while the proportion of the volume of production and consumption waste placed at company facilities, on average, amounted to 50% for the period analysed. Greenhouse gas emissions also have a negative impact on the environment with those of the "Economy" sector accounting for almost 79% thus determining the relevance of transition to renewable energy.Conclusion. The transition to a circular economy, in particular as a result of the use of renewable energy, will reduce the negative impact of anthropogenic pressure on the environment and ensure a balance between the environmental, economic and social components of sustainable development.

Model of Production with a Closed Life Cycle as a Basis for the Development of the Circular Economy in the Context of Digital Transformation

2020 ◽  
Vol 11 (1) ◽  
pp. 86-86
Author(s):  
Maria Vetrova ◽  
Dinara Ivanova
Keyword(s):  
Supply Chains ◽  
Circular Economy ◽  
Business Models ◽  
Consumption Patterns ◽  
Global Trend ◽  
Production And Consumption ◽  
Scientific Papers ◽  
Development Goals ◽  
Number Of Publications ◽  
Decision Making Model

On November 25-27, 2015, the UN General Assembly put forward 17 key sustainable development goals, one of which is Ensuring sustainable production and consumption patterns. Achieving this goal requires a review of the current dominant in many countries linear model of the economy based on the principle of "take, make, waste", with the aim of converting production and consumption patterns into closed form, where all products and materials are developed with the possibility of recycling or reuse . The global trend of digitalization has led to the possibility of efficient formation of closed supply chains and today more and more attention is being drawn to the concept of a circular economy, which has a restorative nature based on the principle of "take, make, reuse" (Pakhomova N., Richter K., Vetrova M., 2017). The number of scientific papers and best practices in the application of circular business models has been steadily increasing in recent years. If in 2016 the number of publications related to the circular economy amounted to about 400, in 2018 the number of studies grew to 1000 (Ngan S., How B., Teng S. et all., 2019). Companies around the world are actively implementing the principles of the circular economy at all stages of value creation, striving to develop closed supply chains. Keywords: circular economy, digital technology, decision-making model, closed supply chains

scholarly journals Circular economy as a part of the organizational corporate strategy

2021 ◽  
Vol 2021 (1) ◽  
pp. 183-192
Author(s):  
Marta Zlotnik ◽  
Keyword(s):  
Strategic Planning ◽  
Circular Economy ◽  
Business Models ◽  
Corporate Strategy ◽  
Planning Process ◽  
Economic Benefits ◽  
Economic Cycle ◽  
Corporate Strategies ◽  
Production And Consumption ◽  
Definition Of

In today’s environment, organizations need new corporate strategies and models to protect profitability and competitiveness, as well as the heritage of natural resources. A circular economy is a model of production and consumption in which all resources and products are reused in the economic cycle, which can significantly reduce waste generation and create additional economic benefits for business. This is especially important in the context of the recovery from the economic crisis caused by the COVID-19 pandemic. Implemented quarantine restrictions have revealed how sensitive to global risks and inflexible the linear economic system is. The purpose of this study is to identify and analyze ways to implement circular economy models in the corporate strategy of the organization. The objectives of the article are to study the latest publications on the definition of circular economy, corporate strategy and their relationship, description of the strategic planning process taking into account the models of circular economy, identification of basic business models of circular economy, analysis of examples of implementation of circular models conclusions. To achieve the goal of the study, the authors’ different approaches to the interpretation of the concept of “corporate strategy” and its formation within the circular economy were analyzed, the process of strategic planning was highlighted and the main types of values created by the circular economy were identified. The key circular business models and their relationship with the corporate strategy of the organization are highlighted. The main part of the article analyzes examples of implementation of the concept of circular economy in the corporate strategies of four selected Italian companies in various industries. A comparative description of the roles of the circular economy in the corporate strategy of each company and the benefits gained in the process of its implementation was carried out. Conclusions were drawn on the importance of implementing the ideas of the circular economy at the stage of forming the strategy of the enterprise to achieve economic, environmental and social benefits.

scholarly journals Characteristics of textile and clothing sector social entrepreneurs in the transition to the circular economy

2021 ◽  
Vol 72 (01) ◽  
pp. 81-88
Author(s):  
DANIELA STAICU
Keyword(s):  
Value Chain ◽  
Circular Economy ◽  
Paradigm Shift ◽  
Business Models ◽  
Clothing Industry ◽  
Social Entrepreneurs ◽  
The Real ◽  
Production And Consumption ◽  
Agents Of Change ◽  
Structured Questionnaire

The limits of the present take-make-waste business model are extremely visible when examining the textile and clothing industry. The concept of circular economy gained traction, which has led to the creation of policy actions throughout the life cycle of a product and at disposal. Transitioning from linear to circular economy business models requires significant value-chain changes in both production and consumption patterns. Existing circular business models are paving the way towards a paradigm shift. However, the literature has not retained much empirical evidence about these sustainabilityoriented innovators which are invisible and work in anonymity. This study provides a simple, yet rich and unique overview of the characteristics of circular economy business models in the textile and clothing sector in Romania, identified through qualitative analysis performed on the entire population of sustainability-oriented innovators identified in Romania in the textile and clothing sector in a previous study done by the same author. The data was collected using a structured questionnaire with 37 questions connected to four areas: human resources, legal and fiscal framework, customers and communication, and materials, tools or technology employed. With a 100% response rate, the real significance of this paper is that it may have discovered the real contribution of these agents of change in the circular economy, functional circular business models which have never been studied before as a population.

scholarly journals EXPERIENCE OF APPLYING THE CONCEPT OF CIRCULAR ECONOMY IN COMMUNITY DEVELOPMENT: EUROPEAN STANDARDS

2021 ◽  
Author(s):  
Nataliia Klievtsievych
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Business Models ◽  
Negative Impact ◽  
Local Level ◽  
The State ◽  
Gradual Transition ◽  
Modern Trend ◽  
Practical Implementation ◽  
State And Local

The article is devoted to the current topic of today – the introduction of the concept of circular economy in the economy of united territorial communities, in the framework of sustainable development, which involves a gradual transition from a linear model of economy to a closed cycle economy. The article reveals the general concept of circular economy, gives a historical digression into its origin. In addition, the article reviews the research of scientists from different countries on the subject of circular economy. The article also presents a review of business models of the circular economy in leading European countries, which could be useful for use at the local level in Ukraine, provides some comments on their application. Taking into account the best European practices, recommendations are given to Ukraine on the transition from a traditional (linear) economy to a circular economy. It is concluded that taking into account the ideas of the circular economy in shaping the development of communities is not only a modern trend, but also a very important impetus to ensure their competitive advantage in the long run. Further implementation of innovative business models can ensure that technical and biological materials continue to play an active role in the community economy and those important natural resources are preserved. There are still many issues that need detailed research and practical implementation at both the state and local levels of public administration and at the business level. Therefore, the path to an eco-future remains relevant and open in terms of Ukraine’s development. The state already has the first steps and a plan until 2030 on how to reduce the level of garbage, raise the level of awareness of citizens and businesses in terms of the transition to a circular economy. The transition to a circular economy, in particular through the use of renewable energy, will reduce the negative impact on the environment and ensure the balance of environmental, economic and social components of sustainable development. This article is an overview, it will help to be acquainted with the concept of circular economy and see the real situation in terms of Ukraine’s development.

scholarly journals Circular patterns of waste prevention and recovery

2019 ◽  
Vol 119 ◽  
pp. 00003 ◽  
Author(s):  
Patrizia Ghisellini ◽  
Remo Santagata ◽  
Amalia Zucaro ◽  
Sergio Ulgiat
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Business Models ◽  
Natural Capital ◽  
Rebound Effect ◽  
Radical Change ◽  
Social Dimension ◽  
Urban Systems ◽  
World Population ◽  
Production And Consumption

The growth of modern societies with their scientific, economic and social achievements was made possible by the cheap availability of fossil fuels. Side effects of fossil energy resources were the development of unsustainable production and consumption patterns, the degradation of natural capital, and the release of airborne, waterborne and solid waste. Consumption and environmental loading are not only related to fuels, but also to other material resources, such as minerals in general and rare earths in particular. The increasing shortage of crucial resources affects and constrains important economic sectors (e.g., electronic sectors, renewable energies, food production), thus placing a limit on further development and wellbeing. Concepts of sustainable economies and communities, with focus on the social dimension of development and also on the ecological and economic aspects at the same time, are gaining the attention of policy makers, managers, and investors, as well as local stakeholders (organisations, small and medium enterprises, individual citizens) and encouraging new development and business models globally referred to as the “circular economy”. The circular economy (CE) is a production and consumption system that is restorative by intention and design. Although there has been a relative decoupling of economic growth from resource use in recent decades, the gains made so far have been eaten up by a combination of economic growth and the rebound effect. There are two questions: (i) why has it been so hard to move from theory(most often from rhetoric) to practice and implementation, and (ii) how is it possible to promote an innovative and effective CE strategy in urban systems where 60% of world population is concentrated. This shift (design, networking, organisation, implementation, community planning) and related monitoring tools constitute the skeletonof the transition that needs to occur within both urban systems and economies. The point we make is that a society without waste is not only desirable, but also possible and necessary. We cannot wait longer and we cannot just accept small adjustments, increased end-of-pipe technologies and the usual interplay of promises and conflicts. The time for a massive and successful effort towards a radical change of lifestyles and production/consumptionpatterns is now, where the term "waste" itself is considered a symptom of societal illness, an indicator of immature economies, poor science and old-fashioned technology.

scholarly journals INTRODUCTION OF THE PRINCIPLES OF CIRCULAR ECONOMY AT THE LEVEL OF LOCAL GOVERNMENT BODIES

2021 ◽  
Author(s):  
Nataliia Klievtsievych
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Local Governments ◽  
Business Models ◽  
Negative Impact ◽  
Local Level ◽  
The State ◽  
Gradual Transition ◽  
Modern Trend ◽  
Practical Implementation

The article is devoted to the current topic of today – the introduction of the concept of circular economy in the economy of united territorial communities, in the framework of sustainable development, which involves a gradual transition from a linear model of economy to a closed cycle economy. The article reveals the general concept of circular economy, gives a historical digression on its origin, and considers the principles of circular economy that can be applied at the level of local governments. In addition, the article reviews the research of scientists from different countries on the subject of circular economy. The article also presents a review of business models of the circular economy that could be useful for use at the local level and provides some comments on their application. It is concluded that taking into account the ideas of the circular economy in the formation of directions of community development is not only a modern trend, but also a very important impetus to ensure their competitive advantage in the long run. Further implementation of innovative business models can ensure that technical and biological materials continue to play an active role in the community economy and those important natural resources are preserved. There are still many issues that need detailed research and practical implementation at both the state and local levels of public administration and at the business level. Therefore, the path to an eco-future remains relevant and open in terms of Ukraine’s development. The state already has the first steps and a plan until 2030 on how to reduce the level of garbage, raise the level of awareness of citizens and businesses in terms of the transition to a circular economy. The transition to a circular economy, in particular as a result of the use of renewable energy, will reduce the level of negative impact on the environment and ensure the balance of environmental, economic and social components of sustainable development. This article is an overview, it will help to get acquainted with the concept of circular economy and see the real situation in terms of Ukraine’s development.

scholarly journals What Is the Relation between Circular Economy and Sustainability? Answers from Frontrunner Companies Engaged with Circular Economy Practices

2021 ◽  
Author(s):  
Anna M. Walker ◽  
Katelin Opferkuch ◽  
Erik Roos Lindgreen ◽  
Andrea Raggi ◽  
Alberto Simboli ◽  
...  
Keyword(s):  
Resource Use ◽  
Circular Economy ◽  
Business Models ◽  
Sustainable Society ◽  
Structured Interviews ◽  
Business Operations ◽  
Major Interest ◽  
Target Firms ◽  
New Business ◽  
Survey Results

AbstractThe circular economy (CE) concept has become a major interest for companies, promising new business opportunities and a decrease in environmental impacts. Though research on circular business models has recently increased, few scholars have investigated how companies engaged with CE view the connection between CE and sustainability. To address this gap, this paper uses a semi-quantitative survey and semi-structured interviews conducted with companies based in Italy and the Netherlands. Purposive sampling was employed to target firms associated with national and international CE networks, as these companies already engage with CE practices. The survey was distributed online to over 800 firms, of which 155 provided information on their understanding of the CE concept and its relationship with sustainability. The survey results are complemented through findings from 43 interviews with a subset of the survey respondents. The survey answers show that companies view CE as one of the tools to achieve sustainable development, particularly in the environmental domain, where the focus lies on environmentally friendly resource use. Yet, the respondents are less confident whether CE increases economic and social benefits of firms. Interviews show that a majority of respondents position sustainability as the overarching concept. However, most companies advocate that the private sector should strive for both sustainability and circularity, though the distinction between the two concepts in daily business operations seems synthetic and futile to some. These findings provide an important stepping stone for better understanding how firms could apply CE practices to move towards a more sustainable society.

Longevity and Circularity as Indicators of Eco-Efficient Resource Use in the Circular Economy

2018 ◽  
Vol 150 ◽  
pp. 297-306 ◽  
Author(s):  
Frank Figge ◽  
Andrea Stevenson Thorpe ◽  
Philippe Givry ◽  
Louise Canning ◽  
Elizabeth Franklin-Johnson
Keyword(s):  
Resource Use ◽  
Circular Economy ◽  
Efficient Resource
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