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Circular economy and corporate social responsibility in the agricultural system: Cases study of the Italian agri-food industry

Author

Listed:
  • Simona Fortunati

    (Department of Economics, Engineering, Society and Business, University of Tuscia, Viterbo, Italy)

  • Donato Morea

    (Faculty of Economics, Universitas Mercatorum, Rome, Italy)

  • Enrico Maria Mosconi

    (Department of Economics, Engineering, Society and Business, University of Tuscia, Viterbo, Italy)

Abstract

The persistent exploitation of natural resources and the consequent use of consumption are driving global food demand with the result that agricultural activity is becoming less and less environmentally friendly. The circular economy (CE) can become a valid alternative, inserting the economic-agricultural system into the harmonic process of material circulation. The corporate social responsibility (CSR) model is particularly interesting not only because of the ethical dimension of the company but also as a factor of strategic business improvement that combines the concepts of CSR and CE as possible solutions for developing sustainable business processes. The objective of the work is to highlight a detailed framework of how the small and medium-sized enterprises (SMEs) of the Italian agri-food industry can provide an adequate level of communication, circular strategies and social responsibility practices. The research methodology is based on a qualitative multiple study conducted on a sample of nine companies in the Italian territory. The study highlights the attention of companies on the issues of the CE for the achievement of the set sustainable objectives and the attention to CSR and CE practices. The work has several implications. It provides a further understanding of CSR and CE policies as enabling factors for the development of sustainable organizational performance in agriculture. Moreover, it better investigates the relationship between CSR and the CE. Finally, it analyses the SMEs state of the art in the CE field and strengthens the concept of CE by analysing corporate practices consistent with sustainability reports.

Suggested Citation

  • Simona Fortunati & Donato Morea & Enrico Maria Mosconi, 2020. "Circular economy and corporate social responsibility in the agricultural system: Cases study of the Italian agri-food industry," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(11), pages 489-498.
  • Handle: RePEc:caa:jnlage:v:66:y:2020:i:11:id:343-2020-agricecon
    DOI: 10.17221/343/2020-AGRICECON
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    References listed on IDEAS

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    1. Irena Slavova & Vania Ivanova, 2019. "Corporate Environmental Responsibility within the Circular Economy Context: Opportunities for Development and Sustainability," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 184-204, June.
    2. Björn Esken & María-Laura Franco-García & Olaf A.M. Fisscher, 2018. "CSR perception as a signpost for circular economy," Management Research Review, Emerald Group Publishing Limited, vol. 41(5), pages 586-604, March.
    3. Simona Fortunati & Laura Martiniello & Donato Morea, 2020. "The Strategic Role of the Corporate Social Responsibility and Circular Economy in the Cosmetic Industry," Sustainability, MDPI, vol. 12(12), pages 1-28, June.
    4. Shawn A. Cole & Wentao Xiong, 2017. "Agricultural Insurance and Economic Development," Annual Review of Economics, Annual Reviews, vol. 9(1), pages 235-262, September.
    5. Alan Murray & Keith Skene & Kathryn Haynes, 2017. "The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context," Journal of Business Ethics, Springer, vol. 140(3), pages 369-380, February.
    6. Chi-Shiun Lai & Chih-Jen Chiu & Chin-Fang Yang & Da-Chang Pai, 2010. "The Effects of Corporate Social Responsibility on Brand Performance: The Mediating Effect of Industrial Brand Equity and Corporate Reputation," Journal of Business Ethics, Springer, vol. 95(3), pages 457-469, September.
    7. Björn Esken & María-Laura Franco-García & Olaf A.M. Fisscher, 2018. "CSR perception as a signpost for circular economy," Management Research Review, Emerald Group Publishing Limited, vol. 41(5), pages 586-604, March.
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    Cited by:

    1. Jabir Ali & Ishrat Naaz & Tabassum Ali, 2024. "Does corporate social responsibility improve value-added intellectual capital efficiency in food and agribusiness firms in India?," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(1), pages 93-106, March.
    2. Pavla Vrabcová & Hana Urbancová, 2021. "Approaches of selected organisations in the Czech Republic to promoting the concept of sustainable development and corporate social responsibility," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(7), pages 255-265.

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