The Impact of Circular Economy Model on Corporate Financial Performance and Carbon Emission Performance: Taking Siemens as an Example
This study aims to explore the impact of Siemens' circular economy practices on its financial performance and carbon emission performance. Through the analysis of the financial data of the most recent year and the next five years, Siemens has achieved remarkable financial success, including the growth of operating income, cost control and the increase of gross profit margin. In addition, the company's circular economy investments have provided a solid foundation for future sustainable growth. Meanwhile, the study also evaluates the company's carbon emission performance, revealing its positive initiatives in energy efficiency, clean energy adoption and supply - chain emission reduction. These results indicate that Siemens has maintained financial health and profitability while pursuing sustainable economic growth, providing a model of sustainable development for other enterprises.
Institutions
- Sichuan University of Science and Engineering (CN)
Publication Details
- Journal
- Accounting and Corporate Management
- Published
- 2025-01-01
- DOI
- https://doi.org/10.23977/acccm.2025.070316
- Citations
- 1
- Primary Topic
- Sustainable Supply Chain Management
- Type
- article
- Field-Weighted Citation Impact
- 2.23