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The circular economy's closed loop and product service systems for sustainable development: A review and appraisal

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  • Mark Anthony Camilleri

Abstract

This review paper examines relevant regulatory guidelines, policies, and recommendations on sustainable development, where it traces the origins of circular economy (CE). Afterwards, it sheds light on key theoretical underpinnings on CE's closed loop and product service systems. The findings suggest that the CE's regenerative systems minimise the environmental impact as practitioners reduce their externalities, including waste, emissions, and energy leakages through the use and reuse of resources. Therefore, this contribution offers a critique on CE's inherent limitations and discusses about the implications of having regulatory interventions that are intended to encourage responsible consumption and production behaviours. This contribution implies that CE is creating value to business and the environment. The closed loop and product service systems can unleash a new wave of operational efficiencies through increased throughput in production processes, as practitioners repair, reuse, remanufacture, refurbish, and recycle resources, whilst safeguarding the natural environment.

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  • Mark Anthony Camilleri, 2019. "The circular economy's closed loop and product service systems for sustainable development: A review and appraisal," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(3), pages 530-536, May.
    • Handle: RePEc:wly:sustdv:v:27:y:2019:i:3:p:530-536
    DOI: 10.1002/sd.1909
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    Cited by:

    1. Mark Anthony Camilleri, 2022. "Special issue: Corporate sustainability and stakeholder management in tourism and hospitality," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(3), pages 407-408, June.
    2. Marika Arena & Giovanni Azzone & Manuela Grecchi & Giulia Piantoni, 2021. "How can the waste management sector contribute to overcoming barriers to the circular economy?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(6), pages 1062-1071, November.
    3. David Daniel Peña‐Miranda & Antonio Guevara‐Plaza & José Antonio Fraiz‐Brea & Mark Anthony Camilleri, 2022. "Corporate social responsibility model for a competitive and resilient hospitality industry," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(3), pages 433-446, June.
    4. Mark Anthony Camilleri, 2020. "Strategic corporate social responsibility in tourism and hospitality," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(3), pages 504-506, May.
    5. Jo Williams, 2021. "Circular Cities: What Are the Benefits of Circular Development?," Sustainability, MDPI, vol. 13(10), pages 1-27, May.
    6. Alessandro Gandolfo & Lorenzo Lupi, 2021. "Circular economy, the transition of an incumbent focal firm: How to successfully reconcile environmental and economic sustainability?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 3297-3308, November.
    7. Aurelija Burinskienė & Olga Lingaitienė & Artūras Jakubavičius, 2022. "Core Elements Affecting the Circularity of Materials," Sustainability, MDPI, vol. 14(14), pages 1-21, July.
    8. Ornella Benedettini, 2022. "Green Servitization in the Single-Use Medical Device Industry: How Device OEMs Create Supply Chain Circularity through Reprocessing," Sustainability, MDPI, vol. 14(19), pages 1-21, October.
    9. Mark Anthony Camilleri, 2022. "Strategic attributions of corporate social responsibility and environmental management: The business case for doing well by doing good!," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(3), pages 409-422, June.
    10. Mark Anthony Camilleri, 2020. "European environment policy for the circular economy: Implications for business and industry stakeholders," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(6), pages 1804-1812, November.
    11. Mark Anthony Camilleri, 2022. "The rationale for ISO 14001 certification: A systematic review and a cost–benefit analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 1067-1083, July.
    12. Mark Anthony Camilleri, 2021. "Sustainable Production and Consumption of Food. Mise-en-Place Circular Economy Policies and Waste Management Practices in Tourism Cities," Sustainability, MDPI, vol. 13(17), pages 1-13, September.
    13. Olexandr Yemelyanov & Anastasiya Symak & Tetyana Petrushka & Olena Vovk & Oksana Ivanytska & Dmytro Symak & Anatolii Havryliak & Taras Danylovych & Lilia Lesyk, 2021. "Criteria, Indicators, and Factors of the Sustainable Energy-Saving Economic Development: The Case of Natural Gas Consumption," Energies, MDPI, vol. 14(18), pages 1-27, September.
    14. Kee Ok Kim & Hyesun Hwang, 2021. "Consumer acceptance of product–service systems as alternative satisfiers of consumer needs for sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(5), pages 847-859, September.
    15. Rohit Agrawal & Vishal A. Wankhede & Anil Kumar & Sunil Luthra & Abhijit Majumdar & Yigit Kazancoglu, 2022. "An Exploratory State-of-the-Art Review of Artificial Intelligence Applications in Circular Economy using Structural Topic Modeling," Operations Management Research, Springer, vol. 15(3), pages 609-626, December.
    16. Lahcen, Bart & Eyckmans, Johan & Rousseau, Sandra & Dams, Yoko & Brusselaers, Jan, 2022. "Modelling the circular economy: Introducing a supply chain equilibrium approach," Ecological Economics, Elsevier, vol. 197(C).
    17. Fabiana Liar Agudo & Barbara Stolte Bezerra & José Alcides Gobbo & Luis Alberto Bertolucci Paes, 2022. "Unfolding research themes for industrial symbiosis and underlying theories," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1682-1702, December.
    18. Cristina Ciliberto & Katarzyna Szopik‐Depczyńska & Małgorzata Tarczyńska‐Łuniewska & Alessandro Ruggieri & Giuseppe Ioppolo, 2021. "Enabling the Circular Economy transition: a sustainable lean manufacturing recipe for Industry 4.0," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 3255-3272, November.

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