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The role of powerful stakeholders toward circular economy

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  • Loviscek, Vittoria

Abstract

The challenges and degradations posed by the linear economic system call for a change and the adoption of responsible practices. Stakeholders are challenged to cooperate and find solutions to take responsibility and regenerate the environment. Responsible economy integrates sustainability concepts, including circular economy (CE), into the strategic development goals. Understanding stakeholders’ roles in this change toward a CE is necessary to develop and implement solutions. This study analyzes the built environment (BE) stakeholders of the public, private, and third sectors to understand if and how “powerful” stakeholders are driving responsible actions. A comparative case study between London (UK) and São Paulo (Brazil) provides insights considering a meso-level (of buildings) and the roles of each sector and actor for the implementation of CE practices in the BE. Results show that multinational companies trailblaze the shift while governmental bodies enable responsible behavior.

Suggested Citation

  • Loviscek, Vittoria, 2024. "The role of powerful stakeholders toward circular economy," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 65(1), November.
    • Handle: RePEc:fgv:eaerae:v:65:y:2024:i:1:a:92443
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