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CONCEPTUAL ECONOMIC INDICATORS IN THE CIRCULAR ECONOMY

Nikolay Katsarski

First published: 2022-11-15https://doi.org/10.5593/sgem2022/5.1/s21.068View metrics

Abstract

Environmental pollution from production waste and disposal of household, electronic and other equipment is becoming more and more noticeable. This requires a rethinking of business processes in enterprises. Waste management is becoming a major problem of our society. Therefore, a targeted policy at the local and national levels is crucial. This requires a change in legislation in this area, as well as the development of specific measures to tackle the problems. To this end, however, we need indicators to determine the state and impact of the circular economy at local and national levels. In addition, the relationship of the circular economy to business processes and business, in general, must be observed. At present, the following indicators are used at the European level - Production and consumption, Waste management, Secondary raw materials, Competitiveness and innovation. The aim of this publication is to analyze the existing indicators and give recommendations to broaden the scope of the presentation, on the one hand. On the other hand, to present the need to add new indicators to influence management decision-making by business and public authorities.

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Publication details

Title
CONCEPTUAL ECONOMIC INDICATORS IN THE CIRCULAR ECONOMY
Authors
Nikolay Katsarski
Proceedings
SGEM International Multidisciplinary Scientific GeoConference- EXPO Proceedings; 22nd SGEM International Multidisciplinary Scientific GeoConference Proceedings 2022
Publisher
STEF92 Technology
Year
2022
Pages
541-548
SWS Citekey
Katsarski202221541548
ISSN
1314-2704
ISBN
978-619-7603-46-0
Language
en
Publication type
Conference Paper
Proceedings contents
Open official contents
Keywords
circular economybusiness model implementationvirtual approach
References2

  1. Morganti P., Coltelli M. An introduction to the circular economy 2021 by Nova Science Publishers, Inc. ISBN: 978-1-53619-233-9 p.173

  2. Anderson Nick IFRS� Standards and climate-related disclosures https://www.ifrs.org/content/dam/ifrs/news/2019/november/in-brief-climate-changenick-anderson.pdf

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