Fuente: WIPO "circular economy" A system, apparatus, and method is provided for recommending actions to enable circular economy framework across lifecycle of product including components in industrial environment. The method including determining, by processing unit, features for a given phase of lifecycle of product based on information associated with unique identifier of product. The information is stored in knowledge graph including semantic information pertaining to product, components of product, properties of components of the product and behavior of components of the product at each lifecycle phase of product. The method includes determining performance indicators pertaining to circular economy framework in industrial environment based on features from knowledge graph for given phase of lifecycle of product. The method includes recommending actions for given lifecycle phase of product such that determined one or more performance indicators are within predefined range enabling circular economy framework in industrial environment.