Saha, Krishnendu, Dey, Prasanta and Papadopoulou, Eleni-Maria (2021). Implementing Circular Economy in the Textile and Clothing Industry. Business Strategy and the Environment, 30 (4), pp. 1497-1530.
Abstract
This research reveals the current state of the circular economy (CE), challenges and opportunities of implementing CE and interventions that could facilitate effective implementation of CE in the textile and clothing (TC) industry. The study uses a survey method within 114 TC companies based in Bangladesh, Vietnam and India revealing the correlation of CE fields of action (take, make, distribute, use and recover) with sustainability (economic, environmental and social) performance. The lack of financial, technological and human resources along with management's reluctance and end‐user's indifference to sustainability is the biggest challenge for CE implementation. The research further derives that the TC firms are unable to eradicate the challenges to CE implementation without a holistic approach that involves the collective effort from the industry, host government's incentives, their buyers and above all the conscience of the end‐users. Finally, the study reveals that the collaborative efforts, knowledge sharing in sustainability management across the value chain and marketisation of the waste recycling, among others, are a few actions the stakeholders of the TC industry must adopt for implementing CE successfully.
Publication DOI: | https://doi.org/10.1002/bse.2670 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Operations & Information Management College of Business and Social Sciences > Aston Business School > Aston India Foundation for Applied Research College of Business and Social Sciences > Aston Business School |
Additional Information: | This is the peer reviewed version of the following article: Saha, K, Dey, PK, Papagiannaki, E. Implementing circular economy in the textile and clothing industry. Bus Strat Env. 2021; 1– 34, which has been published in final form at https://doi.org/10.1002/bse.2670. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving. |
Uncontrolled Keywords: | circular economy,economic, environmental and social performances,sustainability practices,textile and clothing firms,Business and International Management,Geography, Planning and Development,Strategy and Management,Management, Monitoring, Policy and Law |
Publication ISSN: | 1099-0836 |
Last Modified: | 13 Dec 2024 08:18 |
Date Deposited: | 27 Nov 2020 12:36 |
Full Text Link: | |
Related URLs: |
https://onlinel ... 0.1002/bse.2670
(Publisher URL) http://www.scop ... tnerID=8YFLogxK (Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2021-05 |
Published Online Date: | 2021-01-13 |
Accepted Date: | 2020-10-08 |
Authors: |
Saha, Krishnendu
Dey, Prasanta ( 0000-0002-9984-5374) Papadopoulou, Eleni-Maria |