Circular Business: Performing Well and Doing Good, The Circular Economy Advantage for Indonesian Businesses
Background
Southeast Asia has committed to transition to Circular Economy (CE) to support a resilient economy, sustainable growth, and resource efficiency, through the regional 2021 ASEAN Circular Economy Framework and national policy, roadmaps, and action plans in Indonesia and six other ASEAN Member States. Leading businesses and other organizations in the region have started to benefit from the implementation of Circular Economy practices in sectors as diverse as agri-food, textile and garments, tourism and hospitality, building and construction, and waste minimization and recovery.
The ASEAN Circular Economy Business Alliance (ACEBA) has been launched in 2024 to further facilitate business leadership and action on CE, to contribute to the aims and objectives of the 2021 ASEAN Circular Economy Framework, and to support the advancement of the Indonesia Circular Economy Roadmap and Action Plan 2025-2045. ACEBA engages businesses through advocacy, knowledge and experience sharing, provision of actionable tools and insights and networking.
This ACEBA webinar, supported by the EU SWITCH Asia Policy Support Component (PSC), will focus on guiding Indonesian businesses in adopting circular economy practices to strengthen their role as key sustainability players in the region. It will also showcase some practical ways businesses can perform well while doing good for climate, people, society and their business.
Fostering Business Leadership and Action on Circular Economy
Circular Economy continues to have different interpretations among businesses, policy makers and other stakeholders, impeding concerted efforts towards its overarching ambition for sustainable extraction, use and disposal of materials and other natural resources. To counter this challenge and galvanize business leadership, ACEBA with extensive input from businesses and other stakeholders around ASEAN, developed a Framework for Business Action on Circular Economy in Southeast Asia[1].
The Framework offers five guiding principles for business and other organisations to drive an impactful Circular Economy transformation, in short:
- PURPOSE: advancing net zero for climate, nature, and environment;
- SCOPE: implementing resource circularity, resource efficiency, and resource substitution;
- RATIONALE: assuming responsibility for the organization’s impacts on the environment and society;
- MEANS: ideating and co-creating circular solutions; and
- DEVELOPMENT CONTRIBUTION: creating net benefits for society and the economy.
These guiding principles articulate a magnetic north for businesses for consideration and adoption of Circular Economy.
Agenda
|
Time |
Topic |
Lead |
|
15:00 – 15:05 |
Introduction, programme overview and webinar guidelines |
Ms Loraine GATLABAYAN Key Expert, EU SWITCH-Asia PSC |
|
15:05 - 15:10 |
Opening Remarks |
Mr Thomas THOMAS Co-convenor ACEBA Senior Expert, EU SWITCH-Asia PSC |
|
15:10 – 15:25 |
Opening Remarks |
|
|
15:25 – 15:40 |
Supporting Transition
|
Mr Rene VAN BERKEL Co-convenor ACEBA Senior Expert, EU SWITCH-Asia PSC, and International Faculty at Thammasat University, Thailand |
|
15:40 - 15:45 |
ACEBA Video of the ASEAN Responsible and Inclusive Business Alliance (ARAIBA) |
|
|
15:45 – 16:20 |
Fireside Chat: “Indonesia - Navigating to Circular Economy Model”
|
Moderator: Mr Basrie KAMBA, Senior Expert, EU SWITCH-Asia PSC; Chairman of Rantai Tekstil Lestari |
|
16:20 – 16:30 |
Reflection, Way Forward and Closing Remarks |
Dr Zinaida FADEEVA, Team Leader, EU SWITCH-Asia PSC |
[1] https://www.aceba.co/resource/framework-for-business-action-for-the-circular-economy-in-southeast-asia/
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