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Scientific Article details

Title Bioeconomy and Circular Economy in the European Food Retail Sector
ID_Doc 1417
Authors Istudor, LG; Suciu, MC
Title Bioeconomy and Circular Economy in the European Food Retail Sector
Year 2020
Published European Journal Of Sustainable Development, 9, 2
DOI 10.14207/ejsd.2020.v9n2p501
Abstract The paper highlights the importance of analysing corporations' activities and their policies addressing non-financial indicators, in line with the current global concerns regarding sustainability and bioeconomy. It aims at contributing to a better understanding of the concepts of circular economy and bioeconomy, while analysing corporations' behaviours regarding these topics. As Corporate Social Responsibility (CSR) standards have become frameworks for illustrating socially and environmentally responsible behaviours, the number of companies that adopt such standards for the elaboration of sustainability reports has increased. Since the publication of sustainability reports became mandatory as of 2018, we consider that their documentation is in an incipient phase. This paper uses an empirical content-based analysis of sustainability reports released by corporations in the food retail sector inside the European Union. The selected retailers report non-financial performance following the guidelines of international social responsibility codes elaborated by the non-profit organization Global Reporting Initiative (GRI). The results of the analysis show different levels of involvement in sustainable practices across the corporations considered. Furthermore, the paper provides the main challenges regarding the implementation of sustainable methods of doing business, as well as the main impacts of adopting CSR standards for the supply chain.
Author Keywords Bioeconomy; circular economy; sustainability; CSR; corporations
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000548372100039
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
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