Research that has addressed the impacts of environmental management systems (EMSs) and cleaner production (CP) considering their intersections with the circular economy (CE) on companies' sustainability performance is currently very scarce. To fill this research gap, this article studies the impacts of EMSs, CP, and their intersections with the CE on manufacturing companies' sustainability performance in Colombia during 2012-2019. This study used secondary data from the Colombian National Administrative Department of Statistics (DANE in Spanish) of 1,544 manufacturing companies and through the impact assessment, the effects established in the main objective were revealed. The results showed that companies adopting EMSs, CP, or both improve their organizational performance, create economic and environmental value from the adoption of industrial symbiosis associated with the sale of certain wastes, and the social benefits are limited to the creation of green jobs. We also found that the adoption of EMSs and CP does not necessarily imply circularity. Therefore, this research proposes that companies adopt CE from a more strategic perspective to create sustainable value while progressively decoupling resource consumption supported by systemic eco-innovations and technology.