Is circular economy an economic strategy, business strategy or an environmental strategy?

As explained in books such as cradle to cradle, performance economy, waste to wealth and doughnut economics, circular economy is an integrative strategy which has economic, business and environmental perspectives. In the business and economics strategy, circular economy identifies how processes and key performance indicators need to adapt and change in order to ensure reduce, reuse, and recycle.  These strategies in turn, translate into smaller segments of environmental strategy that provide results.

“Circular economy is the intersection of environmental, economic and socials aspects” (http://economiacircular.org/EN/?page_id=62#:~:text=Circular%20economy%20is%20an%20economic,economy%20%2Dnot%20lineal%2D%20based%20on)

“In a circular economy, economic activity builds and rebuilds overall system health. The concept recognises the importance of the economy needing to work effectively at all scales – for large and small businesses, for organisations and individuals, globally and locally.

Transitioning to a circular economy does not only amount to adjustments aimed at reducing the negative impacts of the linear economy. Rather, it represents a systemic shift that builds long-term resilience, generates business and economic opportunities, and provides environmental and societal benefits.”

https://www.ellenmacarthurfoundation.org/circular-economy/concept

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