Circular Economy and Strategic Risk

Governments and international organizations are focusing on resource
consumption, both on the way resources are produced or extracted, and on the
disposal of waste produced at the end of product lifecycle. At the same time,
companies are called upon to rethink their business strategies and to adapt their
management models, which need to be inspired by sustainable development.
In this sense, a systemic and integrated vision of the economic, social and
environmental dimensions is essential to guarantee an effective corporate
governance sustainability strategy. Furthermore, the change of business model
towards the Circular Economy implies new challenges as managing the strategic risk
in an integrated way. The aim of this article is to provide theoretical considerations
about the transition from linear to circular economic model, in relation to the
profound change of the company’s core values and strategic risk.