Evolution of the corporate concept with social objectives as well as profit objectives.
Published in Chapter:
B Corp Certification for a Circular Economy Approach and a Sustainable Pathway
Enrico Maria Mosconi (University of Tuscia, Italy), Stefano Poponi (Niccolò Cusano University, Italy), Simona Fortunati (University of Tuscia, Italy), and Michelangelo Arezzo di Trifiletti (Embassy of the United States of America, Rome, Italy)
Copyright: © 2020
|Pages: 22
DOI: 10.4018/978-1-7998-1419-1.ch009
Abstract
The “loop” approach of the circular model, which aims to live in the business or market environment, requires a radical evolution of the production techniques, management, and skills in a new concept or idea for the market. Circular Economy results from a long awareness-raising process connected with problems concerning environmental protection. The dissemination of circular economy supposes the adoption of business models which will eventually enable environmental sustainability oriented behaviors, an efficient use of resources, and the respect of ethical, social, and environmental values. Benefit Corporations are companies pursuing these objectives. This chapter identifies and discusses the potential of B Corp certification to apply the principle of Circular economy. In particular, a compared multiple analysis of case studies is used to evaluate how the requirements of the scheme of certification influence the potential circularity of the enterprises analyzed.