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Environmental Governance and Circular Business: Leading the Transition to a Sustainable and Competitive Future

Environmental Governance and Circular Business: Leading the Transition to a Sustainable and Competitive Future
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Author(s): Franz Esteban Rodríguez Franky (Fundación Universitaria Compensar, Colombia)and Jairo Alonso Rivera Cachope (Fundación Universitaria Compensar, Colombia)
Copyright: 2025
Pages: 26
Source title: Governance Strategies for Effective Sustainable Development
Source Author(s)/Editor(s): Vipin Nadda (University of Sunderland, UK), Uday Bhan Singh (Central University Dharamshala, India)and Bilan Sahidi (The University of Sunderland, UK)
DOI: 10.4018/979-8-3693-3011-1.ch007

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Abstract

Corporate environmental governance has become a fundamental aspect for companies seeking to lead the transition to a more sustainable future. This chapter addresses how organizations can incorporate sustainability practices into their strategy, operations, and decision-making at the governance level. First, the importance of establishing solid corporate environmental governance is analyzed, including the definition of environmental policies, goals and objectives aligned with the principles of sustainable development. On the other hand, the chapter examines best practices in environmental governance, such as the implementation of management systems, the measurement and reporting of environmental impacts, the incorporation of environmental criteria in strategic decision-making, and the establishment of accountability and transparency mechanisms.

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