Insight - Realising the circular economy for Malaysia

Governments have a crucial role to play in lowering the hurdles for a circular economy and creating a playing field that favours solutions, products, and business models that are more sustainable. This is particularly important to secure participation from small and medium enterprises (SMEs), which makes up 98.5% of Malaysia’s business establishments.

WHILE many corporations have taken positive strides to meet sustainability targets, the circular economy does not yet exist.

At best, what we have is a “reuse economy” that incorporates recycling but still absorbs additional raw materials.