Session
Management, Business and Economics
Description
The need to manage waste and foster environmental sustainability has opened a call to transform the current linear economic model into a circular one. Circular Economy (CE) is continuously growing as a backbone economic model in both developed and developing countries. Still, in Albania the scholarly considerations about the topic are missing or at best have been neglected. Using Albania as a research setting, this study aims to provide a macro and micro perspective of the circular economy and the way it applies to business level. The theoretical framework includes advantages and criticism to circular economy, circular business models, and measurement tools for business circularity. The research design relies on the descriptive case study method. Thus, we first introduce an overview of the circular economy in Albania, and then we describe the case of Green Recycling company. Findings show that Albania is still below the EU average levels of waste management. Although the circular economy seems not to be a trend in the Albanian market, few companies including the described case study show an increasing involvement in business circularity with concrete environmental impact. In terms of numbers, only by the performed activities of 2020, Green Recycling reduced 4200 tons of CO2 emissions.
Keywords:
circular economy, business circularity, environmental sustainability, recycling, Albania.
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-47-5
Location
UBT Kampus, Lipjan
Start Date
30-10-2021 12:00 AM
End Date
30-10-2021 12:00 AM
DOI
10.33107/ubt-ic.2021.536
Recommended Citation
Hysa, Xhimi and Mallunxa, Ambra, "From Circular Economy to Business-Level Circularity: A Descriptive Case Study" (2021). UBT International Conference. 560.
https://knowledgecenter.ubt-uni.net/conference/2021UBTIC/all-events/560
Included in
From Circular Economy to Business-Level Circularity: A Descriptive Case Study
UBT Kampus, Lipjan
The need to manage waste and foster environmental sustainability has opened a call to transform the current linear economic model into a circular one. Circular Economy (CE) is continuously growing as a backbone economic model in both developed and developing countries. Still, in Albania the scholarly considerations about the topic are missing or at best have been neglected. Using Albania as a research setting, this study aims to provide a macro and micro perspective of the circular economy and the way it applies to business level. The theoretical framework includes advantages and criticism to circular economy, circular business models, and measurement tools for business circularity. The research design relies on the descriptive case study method. Thus, we first introduce an overview of the circular economy in Albania, and then we describe the case of Green Recycling company. Findings show that Albania is still below the EU average levels of waste management. Although the circular economy seems not to be a trend in the Albanian market, few companies including the described case study show an increasing involvement in business circularity with concrete environmental impact. In terms of numbers, only by the performed activities of 2020, Green Recycling reduced 4200 tons of CO2 emissions.