TY - JOUR
T1 - Unraveling the effect of circular economy practices on companies' sustainability performance
T2 - Evidence from a literature review
AU - Mora-Contreras, Rafael
AU - Torres-Guevara, Luz Elba
AU - Mejia-Villa, Andrés
AU - Ormazabal, Marta
AU - Prieto-Sandoval, Vanessa
N1 - Publisher Copyright:
© 2022 The Authors
PY - 2023/1
Y1 - 2023/1
N2 - The implementation of the circular economy (CE) is expected to lead companies to become more sustainable. However, the effects of CE practices on the sustainability performance of companies are diffuse, even more so when both are influenced by drivers such as Industry 4.0 and stakeholder pressure, among others. The current literature offers divergent and limited views on how to study these dynamics and effects, causing in some cases a partial view of the subject, confusion, and contradictions in understanding this dynamic between sustainability performance, CE practices and drivers that impact them. In order to contribute to this field of knowledge, this study aims to analyze the effect of CE practices on the companies' sustainability performance and the external and internal drivers that influence both of them. To achieve this goal, this study carried out a literature review, including snowballing techniques and content analysis. In the results, we present a theoretical framework that articulates in a systemic way the drivers, practices, CE fields of action and sustainability performance and the theories that support this relationship. Finally, we suggest an agenda for future research in this field of knowledge.
AB - The implementation of the circular economy (CE) is expected to lead companies to become more sustainable. However, the effects of CE practices on the sustainability performance of companies are diffuse, even more so when both are influenced by drivers such as Industry 4.0 and stakeholder pressure, among others. The current literature offers divergent and limited views on how to study these dynamics and effects, causing in some cases a partial view of the subject, confusion, and contradictions in understanding this dynamic between sustainability performance, CE practices and drivers that impact them. In order to contribute to this field of knowledge, this study aims to analyze the effect of CE practices on the companies' sustainability performance and the external and internal drivers that influence both of them. To achieve this goal, this study carried out a literature review, including snowballing techniques and content analysis. In the results, we present a theoretical framework that articulates in a systemic way the drivers, practices, CE fields of action and sustainability performance and the theories that support this relationship. Finally, we suggest an agenda for future research in this field of knowledge.
KW - Circular economy
KW - Circular practices
KW - Literature review
KW - Sustainability
KW - Sustainability performance
KW - Sustainable development
UR - http://www.scopus.com/inward/record.url?scp=85141739369&partnerID=8YFLogxK
U2 - 10.1016/j.spc.2022.10.022
DO - 10.1016/j.spc.2022.10.022
M3 - Review article
AN - SCOPUS:85141739369
SN - 2352-5509
VL - 35
SP - 95
EP - 115
JO - Sustainable Production and Consumption
JF - Sustainable Production and Consumption
ER -