Implementing circular economy in the textile and clothing industry
Saha, Krishnendu and Dey, Prasanta Kumar and Papagiannaki, Eleni (2021) Implementing circular economy in the textile and clothing industry. Business Strategy and the Environment. pp. 1-34. ISSN 1099-0836
|
Text
Implementing circular economy in the textile and clothing industry.pdf - Accepted Version Download (1MB) |
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.
| Item Type: | Article | ||||||
|---|---|---|---|---|---|---|---|
| Identification Number: | https://doi.org/10.1002/bse.2670 | ||||||
| Dates: |
|
||||||
| Uncontrolled Keywords: | circular economy, textile and clothing firms, sustainability practices, economic, environmental and social performances | ||||||
| Subjects: | CAH17 - business and management > CAH17-01 - business and management > CAH17-01-02 - business studies CAH17 - business and management > CAH17-01 - business and management > CAH17-01-09 - others in business and management |
||||||
| Divisions: | Faculty of Business, Law and Social Sciences > Birmingham City Business School > Centre for Applied Finance and Economics Faculty of Business, Law and Social Sciences > Birmingham City Business School |
||||||
| Depositing User: | Krish Saha | ||||||
| Date Deposited: | 04 Jan 2021 10:47 | ||||||
| Last Modified: | 22 Mar 2023 11:48 | ||||||
| URI: | https://www.open-access.bcu.ac.uk/id/eprint/10663 |
Actions (login required)
 |
View Item |
Tools
Tools