Work

Circular Economy as a New Paradigm of Industry Develop- Ment

Year: 2021

Type: article

Abstract: The country's sustainable development strategy, as one of the main vectors, provides for the transition to a circular economy, which determines the formation of a new business model based on minimizing the hydrocarbon footprint, using alternative energy sources, extending the service life of goods, and developing sharing relationships, recycling waste for their reuse, focusing factories on the production of products involving their recycling, the transition to biodegradable products. The transition to a closedcycle economy should be made by industrial enterprises in a tight time frame to minimize cross-border taxes for the carbon footprint. On the one hand, this process requires a set of state measures. On the other hand, Russian companies focused on active export activities are already implementing certain principles of the green economy. The article presents the experience of a number of them.

Source: Vestnik of the Russian University of Cooperation

DOI: 10.52623/2227-4383-3-45-1

Author: V.V. Avilova

Institution: Kazan State Technical University named after A. N. Tupolev

Language: English

Topic: Sustainable Supply Chain Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Responsible consumption and production, Industry, innovation and infrastructure, Decent work and economic growth, Climate action

Open Access status: hybrid

OpenAlex ID: W3207516995

FWCI: 0.336

Cites: 1

Cited by: 2

Related to: 10