Economics at your fingertips  

Circular, Green, and Bio Economy: How Do Companies in Land-Use Intensive Sectors Align with Sustainability Concepts?

D. D'Amato, J. Korhonen and A. Toppinen

Ecological Economics, 2019, vol. 158, issue C, 116-133

Abstract: The UN Agenda 2030 deems the private sector pivotal in co-governing sustainability issues. Despite intense research on corporate sustainability there is no explicit analysis of which policy-driven concepts companies choose to forward their sustainability visions and practices. This is relevant because communication of corporate sustainability contributes to legitimizing or delegitimizing company actions, while simultaneously feeding back into public thinking and actions towards sustainability transformations. We addressed the research gap by considering three sustainability concepts mainstreamed at the global level: Circular economy (CE), Green economy (GE), and Bioeconomy (BE). Content analysis was performed on 123 reports from DJSI World companies in five land-use intensive sectors (forest, food, beverages, mining, and energy). Results suggest CE to be omnipresent and homogeneous across all companies and sectors. GE was the second most frequent concept, especially in forest and mining. BE was under-represented in all reports, with the exception of the forest sector. Interlinkages between concepts were few. The CE-BE connection appeared to be the strongest, concerning efficiency and recycling of bio-based resources. The analysis of global sustainability concepts from the perspective of corporate disclosure enables a timely discussion on the role and limits of the business organizations as a participant to sustainability transformations globally.

Keywords: Circular economy; Bioeconomy; Green economy; Sustainability; Corporate sustainability; Corporate reporting (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.ecolecon.2018.12.026

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-06-05
Handle: RePEc:eee:ecolec:v:158:y:2019:i:c:p:116-133