Amalgamation of corporate social responsibility with the principles of the circular economy for sustainable growth

Title

Amalgamation of corporate social responsibility with the principles of the circular economy for sustainable growth

Creator

Raj, Abhinav; Choudhary, Babita

Description

The next chapter extends more with the discussion of CE principles integrated into CSR strategies maintaining a business case strong in sustainable practice beyond the traditional model. Closed- loop supply chains, sustainability in product design, Product- as- a- Service for resource efficiency, waste minimization, and improvement within the corporate resilience system come to mind as CE- oriented strategies. This chapter continues to cover the challenge of responsible leadership and advocacy in policy to push over hurdles, support sustainable culture change, and position companies as corporate citizens. It brings out attention to future trends of urban mining and CE in developing markets, showing how companies adopting circular models will derive long- term growth and competitiveness. Recommendations to firms to totally embed CE in their CSR framework could include, notably around actionables, especially in terms of strong metrics, engagement, and creating leadership that supports environmental and social accountability. 2025, IGI Global. All rights reserved.

Source

Driving Business Success Through Eco-Friendly Strategies;pp.21-46

Date

01-01-2025

Publisher

IGI Global

Coverage

Raj A., Christ University, India; Choudhary B., Christ University, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-836939752-7; 979-836939750-3;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3693-9750-3.ch002

https://www.scopus.com/pages/publications/85219520973?origin=resultslist