Sustainable Futures: Circular Economy and Ethical Practices in the FMCG Industry
Year: 2025
Type: article
Abstract: The FMCG (Fast-Moving Consumer Goods) industry plays a crucial role in the global economy but is being increasingly challenged to adopt sustainable and ethical practices given its substantial environmental impact and resource-intensive operations. This paper will delve into the fundamentals of corporate sustainability and ethical practices that are being adopted in the fast-moving consumer goods (FMCG) sector centering around such as circular economy p... It interprets the initiatives of leaders in the field, such as Unilever and Procter & Gamble, who have been restructuring business models for sustainability, through a systematic literature review. Besides these challenges, such as financial limits, supply chain complications, and the need for technological experience, the opportunities offered by regulatory policies and consumers seeking ethical brands are examined. The study reinforces the discussion of the need to integrate circular economy principles, encourage technological innovations, and embed CSR into the branding strategies as ways towards sustainable profit-oriented vision in regard to environmental long-run and economic benefits in the context of the FMCG sector.
Author: Akther, Faria
Institution: Bangladesh University of Professionals
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6968239352
FWCI:
Cites:
Cited by:
Related to: