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Scientific Article details

Title From greenwashing to ESG-washing: A focus on the circular economy field
ID_Doc 2454
Authors Todaro, DL; Torelli, R
Title From greenwashing to ESG-washing: A focus on the circular economy field
Year 2024
Published
DOI 10.1002/csr.2786
Abstract In the field of Corporate Social Responsibility (CSR) today, Environmental, Social and Governance (ESG) factors play a fundamental and increasingly central role in the evaluation of corporate performance worldwide. The purpose of this paper is to investigate whether the recent phenomenon of ESG issues has given rise to a new form of greenwashing in a broad sense, not limited to the environmental sphere, but also extended to social and governance issues. The paper examines whether companies engaged in the transition to sustainable and in particular to circular models are actually focusing on concrete sustainable actions and less on distorted communication. Specifically, ESG performance measures were collected for 366 companies from the most impactful industries in different countries around the world to test the relationships between ESG performance, adoption of circular economy models and 'washing' practices related to stakeholder communication. As the transition to sustainable and circular models requires not only substantive action but also transparency, further research and efforts are needed to better understand the relationship between these elements in corporate behavior.
Author Keywords circular economy; corporate social responsibility; ESG-washing; greenwashing; sustainability
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001190845400001
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
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