Circular economy principles in action
: insights from mechanical engineering companies

  • Verena Hirschle (Student)

Student thesis: Master's Thesis

Abstract

Population growth leads to a greater resource demand, resulting in more waste and greenhouse gas emissions. The linear economic model used in the mechanical engineering (ME) industry is incapable of stopping this trend. The concept of circular economy (CE) offers an approach to solve this problem. This thesis examines how ME companies are implementing CE and identifies the barriers, drivers, and strategies faced by the companies during the implementation process. To examine five ME companies that have adopted CE, semi-structured interviews, supplemented by secondary data and direct observations, were conducted. The 10R framework and a classification of barriers, drivers, and strategies were used to guide the data analysis. The 10R framework helped to categorize the CE practices implemented by the company. This thesis found out that the implemented CE practices predominantly focus on extending the life span of machines. Internal and external barriers have hindered the successful implementation of these practices. These barriers include employees’ rejection of CE and regulations differing nationally and internationally. However, drivers such as management and partnerships between companies significantly contribute to a successful CE implementation. The sustainability oriented mindset of the management lays the foundation for adopting CE practices. Moreover, training on sustainability and CE of employees is essential for a successful CE implementation. Accordingly, companies should invest in employee training. The government should become aware of the importance of barriers for companies and should find solutions to minimize them.
Date of Award29 Jun 2023
Original languageEnglish
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorLaure Leglise (Supervisor)

Keywords

  • Circular economy
  • Mechanical engineering industry
  • Barriers and driver for circular economy implementation

Designation

  • Mestrado em Gestão e Administração de Empresas

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