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Circular Economy and Balanced Scorecard

In: Sustainability Reporting Practices and the Circular Economy

Author

Listed:
  • Sarfraz Nazir

    (University of Milano-Bicocca)

  • Alessandro Capocchi

    (University of Milano-Bicocca)

Abstract

The paper's primary purpose is to endorse a framework for assessing social, environmental, economic, and governance impact evaluation by indicators, which became possible through the circular economy and balanced scorecard approach. The research investigates the framework's validation by using services and the manufacturing industry. Research mainly highlights the social, economic, environmental, and governance also combined with the fundamental Balance Score Card approach as crucial performance measures closer to sustainability. CE principles’ focus is on environmental protection and resource protection with waste reduction. This can be accomplished by checking the circular activities in terms of environmental issues, waste generation, and the effective use of resources and materials. The study goal was to provide a framework inside the overall performance dimension of CE more rapidly for sustainability and waste management. This framework also helps policymakers and trendsetters to prompt and deploy social, environmental, governance, and economic sustainability perspectives.

Suggested Citation

  • Sarfraz Nazir & Alessandro Capocchi, 2024. "Circular Economy and Balanced Scorecard," Springer Books, in: Sustainability Reporting Practices and the Circular Economy, chapter 0, pages 225-276, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-51845-4_6
    DOI: 10.1007/978-3-031-51845-4_6
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