Antecedents of circular manufacturing and its effect on environmental and financial performance: A practice-based view

Accepted/In Press date: 30 March 2023

e-pub ahead of print date: 1 April 2023

Published date: 1 June 2023

Additional Information: Funding Information: Hypotheses H1 and H2 on the antecedent role of CE culture (β = 0.33 at p < 0.01) and IMS (β = 0.39 at p < 0.01) for CM adoption are supported. Similarly, the direct effects of CM adoption on financial performance (H3) and environmental performance (H4) are also supported (β = 0.34 and 0.40 respectively at p < 0.01). These results are summarized in Fig. 2.Archroma is a global leader in color and specialty chemicals serving the branded and performance textiles, packaging and paper, coatings, adhesives, and sealants markets. The headquarter in Switzerland oversees the operations in over 100 countries involving approximately 2800 employees and 25 production sites. In 2018, Archroma promulgated its goal to achieve carbon neutrality in 2023 (37 years ahead of the Chinese government's 2060 deadline for the nation). In 2020, Archroma signed the United Nations Global Compact Statement from Business Leaders for Renewed Global Cooperation and the Global Coalition Call for Sustainability. In 2021, it was awarded the EcoVadis Platinum rating for its corporate social responsibility (CSR) performance.As a principle with top priority, environmental protection has been implemented throughout CPD, production process reengineering and operations innovation. Technology innovation and CPD have enabled Rockcheck to increase the use of recycled scrap steel for steel production, which is not only environment-friendly but also economically profitable. Many CP projects reduced gas emissions and waste discharge, while some other ones recovered value from coal gas, heats, steam, water discharge and solid waste. For example, using the coal gas and heats generated in production, the self-power generation project can meet around 60 percent of the company's total electricity needs. Rockcheck also achieved 100% comprehensive utilization of solid waste. Furthermore, Rockcheck was awarded many honors due to its zero-wastewater discharge initiative since 2008, which met all the company's water demand for manufacturing by purifying wastewater from itself and the local communities.This research was supported by the National Social Science Foundation of China (Grant No. 19BGL090) . Dr Abraham Zhang acknowledges partial funding support from the 2020 Endeavour Fund, Ministry of Business, Innovation & Employment of New Zealand (Project title: Āmiomio Aotearoa - A Circular Economy for the Wellbeing of New Zealand). Funding Information: This research was supported by the National Social Science Foundation of China (Grant No. 19BGL090 ) . Dr Abraham Zhang acknowledges partial funding support from the 2020 Endeavour Fund, Ministry of Business, Innovation & Employment of New Zealand (Project title: Āmiomio Aotearoa - A Circular Economy for the Wellbeing of New Zealand). Publisher Copyright: © 2023 The Authors

Related URLs:

• https://linkinghub.elsevier.co...7323000981

Keywords: Circular economy, Circular manufacturing, Circular product design, Cleaner production, Industry 4.0, Performance

Local EPrints ID: 476247

URI: http://eprints.soton.ac.uk/id/eprint/476247

DOI: doi:10.1016/j.ijpe.2023.108866

ISSN: 0925-5273

PURE UUID: ad521f45-b3bf-4cce-bfc4-915589ce6b0c

ORCID for Yu Gong: orcid.org/0000-0002-5411-376X

Date deposited: 17 Apr 2023 16:42

Last modified: 17 Mar 2024 03:45