Integrating Circular Economy Principles in Business Strategies: a Policy-Driven Approach
Williams Chibueze Munonye ()
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Williams Chibueze Munonye: Linkoping University
Circular Economy and Sustainability, 2025, vol. 5, issue 3, 1887-1896
Abstract:
Abstract Integrating circular economy principles into business strategies is facilitated by supportive policies. Drawing from various insights and contexts, this analysis discusses the role of regulatory frameworks, such as the EU’s Circular Economy Action Plan and Extended Producer Responsibility, in guiding sustainable practices. Green taxation, including carbon and landfill taxes, incentivizes circular business models by internalizing environmental costs and offering tax breaks. Effective implementation relies on consistent enforcement and global policy alignment, enabling businesses to enhance sustainability and drive innovation for long-term benefits.
Keywords: Circular economy; Business strategies; Policy frameworks; Green taxation; Sustainability; Innovation (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:circec:v:5:y:2025:i:3:d:10.1007_s43615-025-00523-5
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DOI: 10.1007/s43615-025-00523-5
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