Published By:
(ISSN:2581-6853; CODEN: GJNRA9; DOI: 10.33002/nr2581.6853) is an international, scientific double blind peer-reviewed open access journal published 3 times a year online by The Grassroots Institute.
Impact Factor: exaly
Open Access—free for readers, with article processing charges (APC) paid by authors or their institutions.
High Visibility: Indexed in the SCOPUS, Web of Science (Zoological Record, Biosis Previews, Biological Abstracts, Biosis Full Coverage Unique, and CAB Abstracts), EBSCO and other databases.
Fast Publication: Provisional acceptance of the submitted article is given in 1 week time. After consent of author(s), manuscript is peer-reviewed and a first decision provided to authors in 2-4 weeks after submission.
Recognition of Reviewers: The reviewers who provide timely, thorough peer-review reports receive vouchers entitling them to a discount on the APC of their next publication in the journal, in appreciation of the work done. Reviewers also receive Certificate for their voluntary service.
Coordinated and published by The Grassroots Institute, the Grassroots Journal of Natural Resources (GJNR) is an international journal dedicated to the latest advancements in natural resources throughout the world. The goal of this journal is to provide a platform for scientists, social scientists, policy analysts, managers and practitioners (on all academic and professional levels) all over the world to promote, discuss and share various new issues and developments in different arenas of natural resources.
Oleksii Toponar1, Oksana Shpatakova*2, Yurii Kopchak3, Nataliia Klievtsievych4, Inna Miniailenko5
1Interregional Academy of Personnel Management, V. M. Koretsky Institute of State and Law of National Academy of Sciences of Ukraine, Kyiv, Ukraine. E-mail: toponar.oleksii@gmail.com | ORCID: https://orcid.org/0009-0005-5525-3587
2Department of Enterprise Economics, Educational and Scientific Institute of Economics and Management, Pryazovskyi State Technical University, Dnipro, Ukraine.
E-mail: shpatakova.oksana@gmail.com | ORCID: https://orcid.org/0000-0001-5444-0237
3Department of Management and Marketing, Faculty of Economics, Vasyl Stefanyk Precarpathian National University, Ivano-Frankivsk, Ukraine. E-mail: yurii.kopchak@pnu.edu.ua | ORCID: https://orcid.org/0000-0002-0560-4204
4Fellow State Organization “Institute of Market and Economic & Ecological Researches of the National Academy of Sciences of Ukraine”, Odesa, Ukraine. E-mail: wqz820731@gmail.com | ORCID: https://orcid.org/0000-0002-2010-4814
5Department of Economics, Entrepreneurship and Marketing, Educational and Scientific Institute of Finance, Economics, Management and Law, National University “Yuriy Kondratyuk Poltava Polytechnic”, Poltava, Ukraine.
E-mail: inna.minyaylenko@gmail.com | ORCID: https://orcid.org/0000-0002-0388-6199
*Corresponding author
Grassroots Journal of Natural Resources, 7(2): 140-159. Doi: https://doi.org/10.33002/nr2581.6853.070207
Received: 27 June 2024
Reviewed: 13 July 2024
Provisionally Accepted: 16 July 2024
Revised: 18 July 2024
Finally Accepted: 19 July 2024
Published: 01 August 2024
This article considers the possibilities of introducing the circular economy into various business processes in order to reduce waste and improve environmental sustainability in the conditions of transformational changes in the global economy. The combination of innovative approaches of the circular economy and the principles of environmental management allows business entities to reduce the costs of natural resources, improve the quality of products, and reduce the negative impact on the environment. This approach involves creating a sustainable economy where business works in harmony with nature, ensuring economic success and preserving the environment for future generations. The essence and significance of the circular economy from the standpoint of scientists, managers, and business for the sustainable development of the economic system and ensuring environmental sustainability are considered. The formation of institutional foundations (legislative acts) on the example of the EU member states for the integration of the circular economy into business is highlighted. This provided an opportunity to outline the main principles and directions of the circular economy in the business sphere in the context of global environmental security problems. An analysis of the effectiveness of the circular economy was carried out and its dynamics were considered on the example of the countries of Europe and Asia (CAGR), the city of Amsterdam. The change in the level of reuse of materials at the global level (2004-2022) and in the EU countries (2022) was evaluated as the main indicator of the effectiveness of the implementation of the circular economy in business processes. The advantages and challenges of implementing a circular economy are highlighted and the main principles of environmental management in business are defined. According to the results of the study, the possibilities of introducing a circular economy into business processes to reduce waste and increase environmental sustainability have been determined.
Circular economy; Environmental management; Natural environment; Sustainable development; Zero waste production
Atstaja, D., Koval, V., Grasis, J., Kalina, I., Kryshtal, H. and Mikhno, I. (2022). Sharing model in circular
Bayev, V.V., Bakhov, I.S., Mirzodaieva, T.V., Rozmetova, O. and Boretskaya, N. (2022). Theoretical and
Bell, M.G. (2021). City logistics and the urban environment. Urban Form and Accessibility. Elsevier,
pp. 359-378. DOI: https://doi.org/10.1016/B978-0-12-819822-3.00021-3.
Berger, R. (2021). Green tech industry remains on course for growth. Available online at:
https://www.rolandberger.com/en/Insights/Publications/Green-tech-industry-remains-on-course-for-growth.html [Accessed on 14 June 2024].
Bleicher, A. and Pehlken, A. (2020). The material basis of energy transitions — An introduction.
Wasser 3.0 (2023). Circular economy: Intelligent production, use and waste routes for the environment
Circularity Gap Reporting Initiative – Home (2023). Available online:
COM (2018). 28 final, A European Strategy for Plastics in a Circular Economy. European Environment
Agency. Available online at: https://www.eea.europa.eu/policy-documents/com-2018-28-final-a [Accessed on 14 June 2024].
Complete Guide – RTS (2024). Circular Economy: What is it + how does it work? Recycle Track Systems.
Dagilienė, L., Nedzinskienė, R., Banionienė, J. and Varaniūtė, V. (2021). Circular Economy Indicators
Database. Zenodo, December 13, 2021. DOI: https://doi.org/10.5281/zenodo.5820423.
Dvigun, A.O., Datsii, O.І., Levchenko, N.M., Shyshkanova, G.A. and Dmytrenko, R.М. (2022a). Rational
use of fresh water as a guarantee of agribusiness development in the context of the exacerbated climate crisis. Science and Innovation, 18(2): 85-99. DOI: https://doi.org/10.15407/scine18.02.085.
Dvigun, A., Datsii, O., Levchenko, N., Shyshkanova, G., Platonov, O. and Zalizniuk, V. (2022b).
ECDR (2024). Europe Sustainable Development Report 2023/24. Available online at:
Ellen MacArthur Foundation (2015). Towards a circular economy: Business rationale for an accelerated
Ellen MacArthur Foundation (2023). How to Build a Circular Economy. Available online at:
Environment Law Human (2023). Circular economy: faster steps are needed to achieve the EU's circular
EUR-Lex – 52022DC0357 (2022). Communication from the Commission to the European Parliament,
the Council, the European Economic and Social Committee and the Committee of the Regions on the Monitoring Framework for the 8th Environment Action Programme: Measuring progress towards the attainment of the Programme's 2030 and 2050 priority objectives. Available online at: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2022:357:FIN [Accessed on 14 June 2024].
European Commission (2008). Oceans and fisheries. Available online at:
European Commission (2023). Circular economy: Faster progress needed to meet EU resource-efficiency
targets, ensure sustainable use of materials and enhance strategic autonomy. Environment, 15 May 2023. Available online at: http://surl.li/unbfd [Accessed on 14 June 2024].
European Commission (2024). Language selection. Available online at:
https://ec.europa.eu/eurostat/databrowser/view/sdg_12_41/default/table?lang=en [Accessed on 14 June 2024].
Eurostat (2004–2022). Circular material use rate. Available online at:
https://ec.europa.eu/eurostat/databrowser/view/sdg_12_41/settings_1/table?lang=en [Accessed on 14 June 2024].
Filanovskyi, O. (2022). The benefits of a cyclical business model. Refurbished gadgets with a free 1-year
warranty. ICOOLA, August 16, 2022. Available online at: https://icoola.ua/blog/perevahy-tsyklichnoyi-biznes-modeli [Accessed on 14 June 2024].
Gurochkina, V.V. and Budzinska, M.S. (2020). Circular economy: Ukrainian realities and opportunities
Interreg Europe (2020). Sustainable waste management in a circular economy. A Policy Brief from the
Kirchherr, J., Reike, D. and Hekkert, M. (2017). Conceptualizing the circular economy: An analysis of
Koshova, S., Parkhomenko-Kutsevil, O. and Buryk, Z. (2022). Challenges and Prospects for Introducing
Koval, V., Mikhno, I., Tamosiuniene, R., Kryshtal, H., Kovalenko-Marchenkova, Y. and Gui, H. (2023).
Leal-Arcas, R. (2023). Electricity Decentralisation in the European Union: Towards Zero Carbon and
Energy Transition, Second Edition. DOI: https://doi.org/10.1016/C2022-0-01938-3.
Metabolic (2023). Circular Amsterdam: Spatial analysis for effective city planning. Available online at:
Prysmian Group (2023). Circular Economy: definition and benefits. Cables, Energy and Telecom
Sumets, A., Tyrkalo, Y., Popovych, N., Poliakova, J. and Krupin, V. (2022). Modelling of the
The World Bank (2022). Squaring the Circle: Policies from Europe’s Circular Economy Transition.
Tymoshenko, Y., Kyslenko, D., Kuzmichova-Kyslenko, E., Leonenko, I. and Servetsky, I. (2022). Features
UNDP (2023a). Helping countries reach their climate goals. UNDP Climate Promise. Available online at:
UNDP (2023b). What is circular economy and why does it matter? UNDP Climate Promise, April 24,
UNDP (2023c). United Nations Development Programme. UNDP Climate Promise. Available online at:
US EPA (2023). What is a Circular Economy? Available online at:
https://www.epa.gov/circulareconomy/what-circular-economy [Accessed on 14 June 2024].
Varfolomieiev, M. and Churikanova, O. (2020). Circular economy as an integral way of Ukraine’s future
Wong, S. (2023). Double materiality: Broadening corporate sustainability reporting to encompass societal
Youmatter (2018). Circular Economy: Definition, Principles, Benefits and Barriers. Internet-media
ZipDo (2024). Essential Circular Economy Market Size Statistics in 2024. ZipDo. Available online at:
Zlotnik, M. and Tkachuk, B. (2022). The benefits of implementing a circular economy for Ukrainian
Toponar, O., Shpatakova, O., Kopchak, Y., Klievtsievych, N. and Miniailenko, I. (2024). Integrating the Circular Economy into Business Processes to Reduce Waste and Increase Environmental Sustainability. Grassroots Journal of Natural Resources, 7(2): 140-159. Doi: https://doi.org/10.33002/nr2581.6853.070207
Toponar, O., Shpatakova, O., Kopchak, Y., Klievtsievych, N., & Miniailenko, I. (2024). Integrating the Circular Economy into Business Processes to Reduce Waste and Increase Environmental Sustainability. Grassroots Journal of Natural Resources, 7(2), 140-159. https://doi.org/10.33002/nr2581.6853.070207
Toponar O., Shpatakova O., Kopchak Y., Klievtsievych N., Miniailenko I. Integrating the Circular Economy into Business Processes to Reduce Waste and Increase Environmental Sustainability. Grassroots Journal of Natural Resources, 2024, 7 (2), 140-159. https://doi.org/10.33002/nr2581.6853.070207
Toponar, Oleksii, Shpatakova, Oksana, Kopchak, Yurii, Klievtsievych, Nataliia, Miniailenko, Inna. 2024. “Integrating the Circular Economy into Business Processes to Reduce Waste and Increase Environmental Sustainability”. Grassroots Journal of Natural Resources, 7 no. 2: 140-159. https://doi.org/10.33002/nr2581.6853.070207
Toponar, Oleksii, Oksana Shpatakova, Yurii Kopchak, Nataliia Klievtsievych and Inna Miniailenko. 2024. “Integrating the Circular Economy into Business Processes to Reduce Waste and Increase Environmental Sustainability”. Grassroots Journal of Natural Resources, 7 (2): 140-159. https://doi.org/10.33002/nr2581.6853.070207
| Crossref: | https://doi.org/10.33002/nr2581.6853.070207 |
| EuroPub: | |
| Scilit: | |
| Publons: | |
| SSRN: | |
| Cite Factor: | |
| Academia.edu: | |
| Dimensions: | |
| ZENODO: | |
| OpenAIRE: | |
| Scribd: | |
| ScienceGate: | |
| J-Gate: | |
| Research Gate: | |
| Google Scholar: | |
| Harvard Dataverse: | |
| FAO-AGRIS: |
| Internet Archive: | |
| WorldCat: |
© 2024 by the author(s). Licensee Grassroots Journal of Natural Resources. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). We allow to freely share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material for any purpose, even commercially) with a legal code: https://creativecommons.org/licenses/by/4.0/legalcode.
Grassroots Journal of Natural Resources by The Grassroots Institute is licensed under a Creative Commons Attribution 4.0 International License. Based on a work at www.grassrootsjournals.org.
Go to Top
