IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2023i1p20-d1303035.html
   My bibliography  Save this article

Company Perspectives on Circular Economy Management, Assessment and Reporting in the Kymenlaakso Region in Finland

Author

Listed:
  • Roope Husgafvel

    (Department of Bioproducts and Biosystems, Aalto University, 00076 Espoo, Finland)

Abstract

In general, circular economy development is about a system-level change towards significantly enhanced circularity and sustainability encompassing both biological and technical cycles. This study aimed at exploring, identifying, analyzing and synthesizing how companies in the Kymenlaakso region perceive circular economy management, assessment and reporting. This study applied a qualitative research approach using a questionnaire survey as the specific method. The responding companies are of many sizes and represent multiple sectors such as industry, construction and various services. This study addressed a clear gap in research on company-level perspectives. The results indicate that recycling and recovery of materials are perceived as particularly important by companies. In addition, the principles of CE (10Rs) are considered to be important by most companies. Essential management approaches encompass, for example, CE strategy and goals, business ecosystems and development of markets for recycled and recovered products and parts. Companies considered that recycling, recovery, waste minimization and utilization of waste as a raw material, as well as an increase in recycled content in products, reduction in disposable products and prevention of premature obsolescence, are important CE assessment and measurement approaches. For example, continuous reporting of CE as a part of online communication of companies (i.a. sustainability and responsibility), the definition of best practices and best available techniques for CE, and reporting in the whole supply and value chain were perceived as important ways to report CE. However, it is noteworthy that many of the studied aspects of CE were not perceived to be important by companies. Overall, this study contributes to a better understanding of the current state of and future outlook on circular economy development in the studied region and also highlights relevant management, assessment and reporting aspects from the perspective of local companies.

Suggested Citation

  • Roope Husgafvel, 2023. "Company Perspectives on Circular Economy Management, Assessment and Reporting in the Kymenlaakso Region in Finland," Sustainability, MDPI, vol. 16(1), pages 1-23, December.
    • Handle: RePEc:gam:jsusta:v:16:y:2023:i:1:p:20-:d:1303035
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/1/20/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/1/20/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Roope Husgafvel & Daishi Sakaguchi, 2023. "Circular Economy Development in the Wood Construction Sector in Finland," Sustainability, MDPI, vol. 15(10), pages 1-36, May.
    2. Ahmad, Farhan & Bask, Anu & Laari, Sini & Robinson, Craig V., 2023. "Business management perspectives on the circular economy: Present state and future directions," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    3. Graziela Darla Araujo Galvão & Steve Evans & Paulo Sergio Scoleze Ferrer & Marly Monteiro de Carvalho, 2022. "Circular business model: Breaking down barriers towards sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1504-1524, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ahmad, Farhan & Bask, Anu & Laari, Sini & Robinson, Craig V., 2023. "Business management perspectives on the circular economy: Present state and future directions," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    2. Eulalia Skawińska & Romuald I. Zalewski & Joanna Wyrwa, 2023. "Students’ Food Consumption Behavior during COVID-19 Lockdown," Sustainability, MDPI, vol. 15(12), pages 1-28, June.
    3. Swee Kuik & Akhil Kumar & Li Diong & Joowon Ban, 2023. "A Systematic Literature Review on the Transition to Circular Business Models for Small and Medium-Sized Enterprises (SMEs)," Sustainability, MDPI, vol. 15(12), pages 1-22, June.
    4. Anna Wójcik-Karpacz & Jarosław Karpacz & Piotr Brzeziński & Anna Pietruszka-Ortyl & Bernard Ziębicki, 2023. "Barriers and Drivers for Changes in Circular Business Models in a Textile Recycling Sector: Results of Qualitative Empirical Research," Energies, MDPI, vol. 16(1), pages 1-24, January.
    5. Doris Esenarro & Emerson Porras & Hardy Ventura & Julio Figueroa & Vanessa Raymundo & Lorena Castañeda, 2024. "Use of Digital Tools (Wikihouse System) in Multi-Local Social Housing," Sustainability, MDPI, vol. 16(8), pages 1-22, April.
    6. Victoria Akberdina & Wadim Strielkowski & Natalia Linder & Sergey Kashirin & Lyudmila Shmeleva, 2023. "Information Technology and Digital Sufficiency for Building the Sustainable Circular Economy," Energies, MDPI, vol. 16(3), pages 1-14, January.
    7. Fabio Neves Puglieri & Rodrigo Salvador & Omar Romero‐Hernandez & Edmundo Escrivão Filho & Cassiano Moro Piekarski & Antonio Carlos de Francisco & Aldo Roberto Ometto, 2022. "Strategic planning oriented to circular business models: A decision framework to promote sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(7), pages 3254-3273, November.
    8. Bocken, Nancy & Konietzko, Jan, 2022. "Circular business model innovation in consumer-facing corporations," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    9. Sophia Barquete & Ana Hiromi Shimozono & Adriana Hofmann Trevisan & Camila Gonçalves Castro & Leonardo Augusto de Vasconcelos Gomes & Janaina Mascarenhas, 2022. "Exploring the Dynamic of a Circular Ecosystem: A Case Study about Drivers and Barriers," Sustainability, MDPI, vol. 14(13), pages 1-22, June.
    10. Zygmunt Stanula & Marek Wieruszewski & Adam Zydroń & Krzysztof Adamowicz, 2023. "Optimizing Forest-Biomass-Distribution Logistics from a Multi-Level Perspective—Review," Energies, MDPI, vol. 16(24), pages 1-17, December.
    11. Barbara Brenner & Daria Drdla, 2023. "Business Model Innovation toward Sustainability and Circularity—A Systematic Review of Innovation Types," Sustainability, MDPI, vol. 15(15), pages 1-20, July.
    12. Roberta De Angelis & Robert Morgan & Luigi M. De Luca, 2023. "Open strategy and dynamic capabilities: A framework for circular economy business models research," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4861-4873, November.
    13. Giselle Rentería Núñez & David Perez-Castillo, 2023. "Business Models for Industrial Symbiosis: A Literature Review," Sustainability, MDPI, vol. 15(12), pages 1-24, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2023:i:1:p:20-:d:1303035. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.