There is an increasing focus on climate change and environmental issues due to the rapid growth in fossil energy consumption driven by technological advances. Industrial enterprises are majorly responsible for various emissions, necessitating research into the business environmental liability. The subject of the study is the principles of environmentally friendly supply chain management in manufacturing companies. The study aims to determine the role of green supply chain in transition to a circular economy and to develop a management model for them. Thus, the following problems must be addressed: 1) exploring the conceptual relationship between the circular and green economies; 2) defining the essence of the term green supply chain management; 3) reviewing the existing practices for managing green supply chain at enterprises and identifying the key ones. In the course of the study, methods of theoretical analysis, synthesis, as well as scientific abstraction and generalization are used. Based on the findings of studying Russian and foreign scientific literature, as well as the non-financial reporting of domestic manufacturing companies, the most efficient practices for managing green supply chain at enterprises are identified, as well as their role in the transition to a circular economy.