Environmental policy and corporate sustainability: The mediating role of environmental management systems in circular economy adoption

Companies see adopting the circular economy (CE) model as an opportunity to become more sustainable and aligned to the growing demand for more environmentally friendly products. Governments, institutions and researchers alike have highlighted the importance of organisations having an environmental p...

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Bibliographic Details
Published in:Corporate social-responsibility and environmental management 2022-07, Vol.29 (4), p.830-842
Main Authors: Barón Dorado, Alexandra, Giménez Leal, Gerusa, Castro Vila, Rodolfo
Format: Article
Language:English
Subjects:
Circular economy
Environmental management
Environmental management systems
Environmental policy
Green products
Leadership
manufacturing industry
survey
Sustainability
System effectiveness
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Summary:Companies see adopting the circular economy (CE) model as an opportunity to become more sustainable and aligned to the growing demand for more environmentally friendly products. Governments, institutions and researchers alike have highlighted the importance of organisations having an environmental policy, and that this policy be implemented though effective environmental management systems (EMSs) as the way to achieving corporate sustainability. However, despite exploring the relationship between EMSs and moving towards the circular model in the business world, research on this increasingly critical issue remains limited. To address this gap, research was carried out on 85 Spanish manufacturing companies. Results show that implementing an EMS has a positive effect as the companies analysed adopted a higher number of CE practices. From a managerial perspective, managers are challenged to show leadership initiative by exploring new, more sustainable ways of operating that engage new stakeholders. Implications for regulators focus on enhancing the circularity of EMS.
ISSN:1535-3958
1535-3966
DOI:10.1002/csr.2238