A Circular Economy Balance Scorecard Framework for Agrifood Companies in Emerging Economies

ABSTRACT The agrifood sector provides several opportunities to promote circular economy ( CE ) mitigating and preventing its adverse environmental impacts. To evaluate the effects of CE in practices and to ensure consistency with business strategies, the implementation of circularity principles requires the adaptation of current performance management systems. The objective of this research is to contribute to the successful implementation of corporate strategies for circularity through the development of a circular balanced scorecard (CBSC) including the construction of data set of specific CE strategies and indicators for agrifood companies in emerging economies. To this end, a systematic review of the literature was carried out to construct the data set and develop the CBSC. The framework offers a theoretical and practical PMS that could help agrifood companies in emerging economies start their circular journey, providing guidance for the definition of CE strategies and the selection of proper indicators to monitor success.