Academic Journal

A Proposed Circular Economy Readiness Framework for the Rail Sector, A Literature Review and Conceptual Framework.

Λεπτομέρειες βιβλιογραφικής εγγραφής
Τίτλος: A Proposed Circular Economy Readiness Framework for the Rail Sector, A Literature Review and Conceptual Framework.
Συγγραφείς: Waring, Carl, Liyanage, Kapila
Πηγή: Business Strategy & the Environment (John Wiley & Sons, Inc); Jan2026, Vol. 35 Issue 1, p1076-1096, 21p
Θεματικοί όροι: Circular economy, Railroads, Design, Scholarly peer review, Asset management, Systems theory, Sustainability, Business planning
Περίληψη: The circular economy (CE) offers a transformative approach to addressing global sustainability challenges, yet few frameworks integrate it with business strategy, systems thinking (ST) and asset management (AM), especially within critical infrastructure sectors like rail. This paper conducts a comprehensive literature review to assess existing CE frameworks and their application in the rail sector, exploring how these frameworks intersect with ST and AM practices. The analysis reveals significant gaps, particularly in the application of ST at a complex level necessary to drive meaningful shifts in business models and stakeholder behaviour. To address this, the paper proposes a novel Circular Economy Readiness Framework tailored to the rail industry, offering a systematic approach to transitioning from traditional, linear business models to sustainable, networked or circular practices. The framework underscores the role of AM in driving circular outcomes, aligning business strategy with long‐term economic, environmental and societal goals. This research contributes to the broader discourse on CE readiness by offering actionable insights for industries aiming to enhance resilience and sustainable growth. [ABSTRACT FROM AUTHOR]
Copyright of Business Strategy & the Environment (John Wiley & Sons, Inc) is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Βάση Δεδομένων: Complementary Index
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  Data: A Proposed Circular Economy Readiness Framework for the Rail Sector, A Literature Review and Conceptual Framework.
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  Data: <searchLink fieldCode="AR" term="%22Waring%2C+Carl%22">Waring, Carl</searchLink><br /><searchLink fieldCode="AR" term="%22Liyanage%2C+Kapila%22">Liyanage, Kapila</searchLink>
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  Data: Business Strategy & the Environment (John Wiley & Sons, Inc); Jan2026, Vol. 35 Issue 1, p1076-1096, 21p
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  Data: <searchLink fieldCode="DE" term="%22Circular+economy%22">Circular economy</searchLink><br /><searchLink fieldCode="DE" term="%22Railroads%22">Railroads</searchLink><br /><searchLink fieldCode="DE" term="%22Design%22">Design</searchLink><br /><searchLink fieldCode="DE" term="%22Scholarly+peer+review%22">Scholarly peer review</searchLink><br /><searchLink fieldCode="DE" term="%22Asset+management%22">Asset management</searchLink><br /><searchLink fieldCode="DE" term="%22Systems+theory%22">Systems theory</searchLink><br /><searchLink fieldCode="DE" term="%22Sustainability%22">Sustainability</searchLink><br /><searchLink fieldCode="DE" term="%22Business+planning%22">Business planning</searchLink>
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  Label: Abstract
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  Data: The circular economy (CE) offers a transformative approach to addressing global sustainability challenges, yet few frameworks integrate it with business strategy, systems thinking (ST) and asset management (AM), especially within critical infrastructure sectors like rail. This paper conducts a comprehensive literature review to assess existing CE frameworks and their application in the rail sector, exploring how these frameworks intersect with ST and AM practices. The analysis reveals significant gaps, particularly in the application of ST at a complex level necessary to drive meaningful shifts in business models and stakeholder behaviour. To address this, the paper proposes a novel Circular Economy Readiness Framework tailored to the rail industry, offering a systematic approach to transitioning from traditional, linear business models to sustainable, networked or circular practices. The framework underscores the role of AM in driving circular outcomes, aligning business strategy with long‐term economic, environmental and societal goals. This research contributes to the broader discourse on CE readiness by offering actionable insights for industries aiming to enhance resilience and sustainable growth. [ABSTRACT FROM AUTHOR]
– Name: Abstract
  Label:
  Group: Ab
  Data: <i>Copyright of Business Strategy & the Environment (John Wiley & Sons, Inc) is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
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    Identifiers:
      – Type: doi
        Value: 10.1002/bse.70207
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      – Code: eng
        Text: English
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      Pagination:
        PageCount: 21
        StartPage: 1076
    Subjects:
      – SubjectFull: Circular economy
        Type: general
      – SubjectFull: Railroads
        Type: general
      – SubjectFull: Design
        Type: general
      – SubjectFull: Scholarly peer review
        Type: general
      – SubjectFull: Asset management
        Type: general
      – SubjectFull: Systems theory
        Type: general
      – SubjectFull: Sustainability
        Type: general
      – SubjectFull: Business planning
        Type: general
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      – TitleFull: A Proposed Circular Economy Readiness Framework for the Rail Sector, A Literature Review and Conceptual Framework.
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            – D: 01
              M: 01
              Text: Jan2026
              Type: published
              Y: 2026
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