This research reveals the current state of the circular economy (CE), challenges and opportunities of implementing CE and interventions that could facilitate effective implementation of CE in the textile and clothing (TC) industry. The study uses a survey method within 114 TC companies based in Bangladesh, Vietnam and India revealing the correlation of CE fields of action (take, make, distribute, use and recover) with sustainability (economic, environmental and social) performance. The lack of financial, technological and human resources along with management's reluctance and end‐user's indifference to sustainability is the biggest challenge for CE implementation. The research further derives that the TC firms are unable to eradicate the challenges to CE implementation without a holistic approach that involves the collective effort from the industry, host government's incentives, their buyers and above all the conscience of the end‐users. Finally, the study reveals that the collaborative efforts, knowledge sharing in sustainability management across the value chain and marketisation of the waste recycling, among others, are a few actions the stakeholders of the TC industry must adopt for implementing CE successfully.
|Number of pages||34|
|Journal||Business Strategy and the Environment|
|Early online date||13 Jan 2021|
|Publication status||Published - May 2021|
Bibliographical noteThis is the peer reviewed version of the following article: Saha, K, Dey, PK, Papagiannaki, E. Implementing circular economy in the textile and clothing industry. Bus Strat Env. 2021; 1– 34, which has been published in final form at https://doi.org/10.1002/bse.2670. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
- circular economy
- economic, environmental and social performances
- sustainability practices
- textile and clothing firms