Does circular economy performance lead to sustainable development? – A systematic literature review

Panchal, Rohit; Singh, Anju; Diwan, Hema

doi:10.1016/j.jenvman.2021.112811

Cited by 82 publications

(24 citation statements)

References 125 publications

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“…Regarding the limitations of the study, we studied how using CE practices in the core activity of a mining company contributes to achieving SDG 12, but we did not consider SDG 7, SDG 9, SDG 6, SDG 8, and SDG 11, whose achievement can be greatly promoted by following CE principles [151].…”

Section: Future Research and Limitations Of The Studymentioning

confidence: 99%

Analyzing the Concept of Corporate Sustainability in the Context of Sustainable Business Development in the Mining Sector with Elements of Circular Economy

2022

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Promoting the concept and principles of sustainable development at the micro level requires that industrial companies understand and improve approaches to managing corporate sustainability. Currently, economics does not provide a universal definition of what corporate sustainability is. With regard to the mining sector, corporate sustainability issues reflecting the viability, value, and sustainable development potential of companies have not yet been studied extensively. The article discusses the conceptual foundations of corporate sustainability; the characteristics and a classification of approaches to defining corporate sustainability; and the relationship between corporate sustainability, sustainable development at the micro level, and circular economy. By analyzing the example of Russia, the influence of the mining industry on the environmental, economic, and social development of both a country with a resource-based economy and individual mining regions is shown from the viewpoint of sustainability. The distinguishing features of mining companies, which include natural capital and mineral assets, are studied in the context of promoting corporate sustainability. It is proven that the effective corporate management of ESG factors results in environmental and social influence that goes in line with sustainable development requirements and serves as a foundation for corporate sustainability. A refined definition of corporate sustainability has been formulated, the specific features of corporate sustainability management in mining companies have been determined, and the specific features of corporate social responsibility have been studied. The issue of integrating circular economy elements into the corporate sustainability concept is discussed, and it is claimed that the inclusion of circular business models in the corporate strategies of mining companies will contribute to their corporate sustainable development and boost their contribution to the achievement of sustainable development goals.

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Section: Future Research and Limitations Of The Studymentioning

confidence: 99%

Analyzing the Concept of Corporate Sustainability in the Context of Sustainable Business Development in the Mining Sector with Elements of Circular Economy

2022

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“…Resource recycling requires enterprises to collect and sort out the waste as far as possible in the process of production and operation, and use it in the new production process through necessary means of treatment (Bilal et al, 2020). These three principles cover the environmental protection activities in the whole process of enterprise production from raw material acquisition, manufacturing and processing, distribution and distribution to collection and recovery, and can completely reflect the main content of enterprise circular economy implementation (Panchal et al, 2021).…”

Section: Theoretical Analysis and Research Hypothesis 21 Circular Eco...mentioning

confidence: 99%

Circular economy implementation and business performance: The mediating role of environmental performance in the Chinese energy production enterprises

Dong

Wang

Li³

et al. 2022

Front. Environ. Sci.

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This study proposes a model to explain the effect of circular economy implementation on business performance in the Chinese energy production enterprises. Moreover, it analyzes the mediating role of environmental performance in explaining the influence mechanism. Our study used data from the Chinese energy production enterprises, which included 295 firms. We applied the methodological approach, partial least square structural equation modeling (PLS-SEM), to test the hypothetical model. The results show that circular economy implementation have a positive on business performance, and environmental performance plays a part of the intermediary role in the circular economy implementation affecting business performance. Finally, some promising avenues for future research and implications for managers and policymakers are suggested based on these findings.

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“…A point of reference in the literature is the study by Kirchherr et al [41], who, based on the previous 114 definitions [42], outline the boundaries of the concept of the circular economy; in fact, subsequent studies indicate it and then focus on specific topics such as "energy systems" [43,44], "sustainable development" [45][46][47][48][49], operational definitions [50].…”

Section: Political and Regulatory Framework In The Eumentioning

confidence: 99%

Regulatory Elements on the Circular Economy: Driving into the Agri-Food System

et al. 2021

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In the transition from linear production systems, unsustainable from the point of view of resources, to a model that finds strength in environmental, social and economic sustainability, the circular economy paradigm is the foundation that facilitates the planetary agro-ecological transition. The European Union has taken a number of steps (including the Circular Economy Package of Directives) shaping circularity as a wide-ranging driver measure involving many sectors. The paper intends to provide a regulatory framework on the current general situation regarding circularity in European Union, in order to extrapolate and give evidence to the aspects that intersect the agri-food sector. This is not only because they are poorly addressed in the literature, but also because there is a lack of regulatory instruments on the circular economy specifically addressing this area of interest. For this purpose, the analysis focuses on waste and residue/scrap management issues, recognized by law as by-products and end-of-waste status, as they are covered by circular economy legislation and as they can be applied to the agri-food sector. The latter allow the implementation of circularity strategies in the agri-food sector and, given the numerousness of production chains and the peculiarities of each of them, various regeneration and/or reuse processes of specific resources may be depicted. The intent is to provide useful knowledge on how to implement sustainable waste management, also proposing a concrete case on a by-product of olive oil processing, through which it is possible to highlight how the correct application of regulations favors the adoption of circular economic and management models in the firms involved, as well as informing the relevant economic operators on the possible profiles of legal liability that may arise from insufficient knowledge. Furthermore, this paper delves into the European Green Deal’s Strategy as it enriches the circular economy paradigm with new facets. NextGenerationEU and the National Recovery and Resilience Plan financially support this strategy in the aftermath of the socioeconomic crisis from COVID-19 in the EU Member States. This is in order to achieve the objective of achieving the agro-ecological transition.

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Does circular economy performance lead to sustainable development? – A systematic literature review

Cited by 82 publications

References 125 publications

Analyzing the Concept of Corporate Sustainability in the Context of Sustainable Business Development in the Mining Sector with Elements of Circular Economy

Analyzing the Concept of Corporate Sustainability in the Context of Sustainable Business Development in the Mining Sector with Elements of Circular Economy

Circular economy implementation and business performance: The mediating role of environmental performance in the Chinese energy production enterprises

Regulatory Elements on the Circular Economy: Driving into the Agri-Food System

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