Sustainability Accounting and Integrated Reporting in the Circular Economy

: Circular economy is a priority for the European Commission and European Parliament. Recently, the European Commission adopted the new circular economy action plan, in order to reduce pressure to natural resources and to provide the necessary conditions for the sustainable economy. Sustainability accounting has attracted the attention of professional accountants, private organizations, public institutions and governments all over the world, in order to implement new methods to the circular economy and to measure the circular economy disclosure. Sustainability accounting and integrating reporting in the circular economy are catalysts for circular business models, very useful to redefine values, measuring the impact and risks in waste management and recycling. Thus, the circular economy is a good opportunity to make European economy more competitive and innovative, associated with financing and accounting for circular business. Contributing to the global economy, sustainability accounting provides opportunities for investors to transform their businesses and increase business profitability.