ISSN: 2225-8329
Open access
The study explores what fundamental elements of corporate social responsibility (CSR) with environmental accounting and circular capabilities drive businesses to implement circular economy (CE) practices. CSR demands businesses to execute sustainable processes beyond profits, thus creating ethical business operations with environmental responsibility. The integration of environmental accounting provides business organizations with both evaluation tools for ecological effects and numerical methods to measure environmental impact and achieve transparent execution of CE strategies. Resource-efficient looped systems represented by circular capabilities lead businesses toward both waste reduction and improved resource consumption efficiency. External forces created by consumers along with stakeholders and regulators plus investors determine how businesses integrate CSR programs with sustainability goals develop environmental reporting capabilities and increase circular innovation potential. Businesses benefit from circular practice implementation under strict regulations because they uphold regulatory standards as well as increase their industrial competitiveness. Organizations gain strategic capabilities to design sustainable initiatives by analysing these interactions, which creates long-term business resilience and compliance results. The research establishes CSR alongside environmental monitoring and circular capabilities as essential parts needed to build sustainable economic growth and fulfil environmental duties.
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