The Synergy Between Governance and the Circular Economy in Operationalizing Sustainability: An Indicator Framework

Objective: This study aims to demonstrate the synergy between corporate governance and the circular economy to guide organizations toward a substantive reduction of GHG emissions and the consolidation of an integrated sustainability model. Theoretical Framework: The core concepts underpinning this research are corporate governance, the circular economy, and the measurement of GHG emissions, which provide a foundation for articulating corporate strategies and consistent evaluations. Method: The methodology employed for this research consisted of a literature review. Data collection and analysis were performed through the integration and articulation of theoretical concepts to construct a practical framework. Results and Discussion: The results revealed a need for integrated approaches. The study proposed a conceptual model and developed an indicator spreadsheet that functions as a management support tool, guiding strategic, managerial, and operational decision-making. These outcomes promote climate change mitigation and the adoption of circular economy strategies. Research Implications: The practical and theoretical implications of this research are discussed, providing insights into how the results can be applied or influence practices in the field of sustainability management. The implications encompass climate change mitigation and the promotion of circular economy strategies. Originality/Value: This study contributes to the literature by proposing a conceptual and practical indicator model that links governance with the circular economy, thereby bridging the gap between theory and operationalization. Its relevance and value are demonstrated through its potential to enhance organizations' adaptive capacity and competitiveness.