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Publication date: 2 October 2023

Sönnich Dahl Sönnichsen

This chapter highlights how implementing circular economy principles can help companies working with sustainability to move from a reductionist and waste management approach to…

Abstract

This chapter highlights how implementing circular economy principles can help companies working with sustainability to move from a reductionist and waste management approach to marketing competitive circular value propositions that intentionally design out waste (e.g. emissions and pollution) by rethinking, reinventing and redesigning the value chain. Schijvens, a Dutch family-owned corporate fashion textile company, acts as a case for exemplifying successful implementation of circular economy principles as a marketing strategy in a sector that struggles with finding solutions to the ethical challenges of producing and marketing textile fashion. The textile industry has, for many years, been accused of production that is based on environmentally harmful processes and conditions that are not socially fair. Circular economy principles provide a range of suggestions to address the ethical challenges occurring from covering the human needs of having clothes to wear. Yet, implementing circular economy principles is not a panacea. It is not only a question of delivering a technological quick fix but also a question of managing the new processes and human mindset guiding the actions in the value chain. This chapter, therefore, outlines reasons for a different perspective on the traditional linear value chain and related implications managers face when undertaking a journey from sustainability based on a reductionist approach to a closed-loop approach. It is argued that implementing circular economy principles by pro-actively managing the value chain processes based on eco-centric dynamic capabilities can provide even more radical changes than the incremental reductionist approach often associated with being a green sustainable company.

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Creating a Sustainable Competitive Position: Ethical Challenges for International Firms
Type: Book
ISBN: 978-1-80455-252-0

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Book part
Publication date: 25 April 2022

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Sustainability Management Strategies and Impact in Developing Countries
Type: Book
ISBN: 978-1-80262-450-2

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Book part
Publication date: 30 September 2020

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Big Data Analytics and Intelligence: A Perspective for Health Care
Type: Book
ISBN: 978-1-83909-099-8

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Book part
Publication date: 8 February 2024

Girol Karacaoglu

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Resilient Democratic Governance
Type: Book
ISBN: 978-1-83549-281-9

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Book part
Publication date: 4 October 2023

Alisoun Milne and Mary Larkin

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Family Carers and Caring
Type: Book
ISBN: 978-1-80043-346-5

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Book part
Publication date: 22 June 2021

John N. Moye

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The Psychophysics of Learning
Type: Book
ISBN: 978-1-80117-113-7

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Book part
Publication date: 27 September 2022

Matthew Bennett and Emma Goodall

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Autism and COVID-19
Type: Book
ISBN: 978-1-80455-033-5

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Book part
Publication date: 26 January 2022

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Justice, Equity, and Emergency Management
Type: Book
ISBN: 978-1-83982-332-9

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