Circular Economy in Automotive Manufacturing: Recycling and Sustainability

Author:

Jerry A. Madrid 1

Affiliation:

1. Surigao del Norte State University, Surigao City, Philippines

Abstract

This paper investigates the integration of Circular Economy principles within the automotive manufacturing sector, with a particular focus on recycling and sustainability practices. Findings indicate a substantial shift towards Circular Economy adoption, with 68% of surveyed automotive companies initiating these practices. These efforts are exemplified by a commendable recycling rate of 45% and the widespread implementation of sustainability metrics (72%) for environmental performance assessment. Moreover, Circular Economy adopters report significant reductions in carbon emissions (average: 27%), improved resource efficiency (average: 34%), and decreased waste generation (average: 23%). These results underscore the industry's commitment to sustainability and emphasize the need for continued adoption, data-driven decision-making, innovation, policy support, and industry collaboration to further advance environmental responsibility and resource efficiency in automotive manufacturing, contributing to a more sustainable and responsible future.

Publisher

Naksh Solutions

Subject

General Medicine

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