Model for the Transition to the Circular Economy: The "R" Framework

The relevance of circular economy has significantly grown in the last years, thanks to the spread of sustainability principles among companies, policy makers and practitioners. The European Union has given an important impulse to the dissemination of circular economy in business practice, with the i...

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Bibliographic Details
Published in:Symphonya 2022-07 (1), p.78-91
Main Authors: nasari, Tommaso, Neri, Paolo
Format: Article
Language:English
Subjects:
Circular economy
Circular Economy
R Framework
Sustainability
EU Taxonomy for Sustainable Activities
Global Markets
Classification
Climate
Climate change
Consumption
Dissemination
Economic activity
Economic growth
Economic models
Environmental impact
Global economy
Innovations
Objectives
Policy making
Sustainability
Sustainable development
Taxonomy
Ventures
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Summary:The relevance of circular economy has significantly grown in the last years, thanks to the spread of sustainability principles among companies, policy makers and practitioners. The European Union has given an important impulse to the dissemination of circular economy in business practice, with the introduction of the Regulation on taxonomy for sustainable activities. It is a regulation for the classification of sustainable economic activities, aimed at creating a common language for investors, which favours ventures that have a significant positive impact on the climate and the environment. Starting from the theoretical background offered by the so-called "R" Framework, the paper attempts to close the gap between scholars and practitioners, providing real cases of implementation of circular economy. Since there is no European database of circular economy interventions, the proposed cases have been selected according to their degree of innovation, their potential impact on the environment or their real possibility of implementation by companies.
ISSN:1593-0300
1593-0319
DOI:10.4468/2022.1.08fornasari.neri