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Integrating Circular Economy Principles in Business Strategies: a Policy-Driven Approach

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  • Williams Chibueze Munonye

    (Linkoping University)

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.

Suggested Citation

  • Williams Chibueze Munonye, 2025. "Integrating Circular Economy Principles in Business Strategies: a Policy-Driven Approach," Circular Economy and Sustainability, Springer, vol. 5(3), pages 1887-1896, June.
    • Handle: RePEc:spr:circec:v:5:y:2025:i:3:d:10.1007_s43615-025-00523-5
    DOI: 10.1007/s43615-025-00523-5
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    References listed on IDEAS

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    Cited by:

    1. Ana M. Martins & Ana T. Silva & Joana M. Marto, 2025. "Advancing Cosmetic Sustainability: Upcycling for a Circular Product Life Cycle," Sustainability, MDPI, vol. 17(13), pages 1-28, June.
    2. Mishra, Sarmistha & Sahoo, Dukhabandhu & Mohapatra, Souryabrata, 2025. "Barriers to circular economy adoption in MSMEs: a WINGS analysis of challenges in developing economies," MPRA Paper 125808, University Library of Munich, Germany.

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