The circular economy in production processes: a source of sustainability to create value in the fishing sector
DOI:
https://doi.org/10.31637/epsir-2024-334Keywords:
Environmental differentiation strategy, fish farming sector, sustainable development objectives, value generation, circular economyAbstract
Introduction: In the fish farming sector, the implementation of sustainable practices can generate economic, social and environmental value, through the reuse of waste, diversification of other by-products, contributing to the Sustainable Development Goals (SDGs). The objective: to analyze competitive environmental strategies for differentiation; as a commitment to the circular economy (C.E.) in the fishing sector, which contribute to reasonable fishing, integrated use, waste valorization and environmentally friendly renewable energies. Methodology: a documentary and descriptive approach is used, with a qualitative method of bibliographic reviews in Wos, Scopus and Google academic databases. Results: to contribute to the sector from the ecological resilience with this model to the competitiveness and environmental sustainability in its productive processes. This will produce lower costs, long-term surpluses, greater profitability and opportunities for value creation, employability, strengthening of the fish farming sector and social benefits in terms of improved quality of life. Discussion: this model is based on environmental, social and governance challenges, which require strategic alliances to mitigate environmental factors that affect viability and profitability in the fishing sector; with a holistic perception of risks and opportunities and how they impact business and social sustainability.
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