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Archive » April 2022 » The advancement of sustainability: circular economy and finance for a brand new development

The advancement of sustainability: circular economy and finance for a brand new development

Massimiano Tellini, Christopher El Khoury, Claudio Zara, Luca Bellardini
April 2022 - n. 4
Keywords: Sviluppo sostenibile, Esg, Economia Circolare
Jel codes: M14, Q01, Q50

The Circular Economy concept offers an innovative approach that, differing from traditional environmental issues, plays a crucial role in Industrial policy. The Circular Economy in fact stimulates a path of transformation and reorientation of competitive strategies of entire sectors, made possible by new investment programs in the medium and long term, also in the logic of supply chain, infrastructure, training, research, product and service innovation. With a positive impact on employment and urban regeneration, while contributing to the achievement of climate objectives. At the level of business strategies, the Circular Economy mitigates the systematic business risk due to the strong dependence of the production process on the import of raw materials and facilitates a diversification of economic returns, improving the medium-long-term competitiveness of the company and becoming a decisive enabler in the Esg approach, also in the Financial industry.

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