A NEW GOVERNANCE APPROACH TO IMPROVE THE ECONOMIC PERFORMANCE OF THE COMPANIES MINIMIZE ENVIRONMENTAL IMPACT

The presence of a productive area in a territory generates changes to the elements that make up that ecological environment, to the economic flow and to the supply and demand of social services. The three systems, Environmental, Social and Economic, are often interdependent, and the changes they undergo, due to the presence of an industrial area, may be negative on a system, meanwhile positive on another, or manifest diverse effects over time. Precisely because of the different spheres of government and the different effects that determines an industrial area in a defined territorial context, the industry's management in all its life phases, Location, Design, Operation, Requalification and Dismissal, is characterized by the involvement of a number of individuals, private and public: these individuals often pursue different goals that generate effects with specific consequences within the same local system, that is, a set of Production systems ‐ Territory – Population. Improvements of these environmental, economic and social components, cannot be ignored by a logic of sharing and partnership between installed businesses, institutions and public companies that operate in this context and other parties present in order to achieve new models of development that point towards economy widespread, the ability to improve the quality of life and economic future of our cities. This approach, in line with the principles of Industrial Ecology, offers a valid alternative to achieve the goals of sustainability in this sector, by adopting the principle of precaution and prevention of pollution and abandoning the end‐of‐pipe approach that is typical of traditional linear production systems.