Circular Economy Practices for Reducing Carbon Emissions in Supply Chain Process

Abstract

Circular economy is an approach that addresses issues on climate change, biodiversity loss and social needs. By integrating existing models and advancing a holistic model of circular economy practice adoption, the study contributes to the understanding of the processes through which carbon emissions are lowered in supply chains. As far as practical applicability is concerned, these results are useful within supply chain as well as business industry and action and implementation recommendations are proposed to supply chain planners as well as business leaders stressing the role of circular business models practices in moving toward carbon neutrality and improving business resilience and efficiency. More importantly, this study points out some important consequences for the policy makers and proposed measures that include carbon tax and extended producer responsibility that will promote the adoption of circular economy practices such as circular economy policies as well as construction waste strategies.