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Circular Economy: Catalyst for ESG Performance

ACEBA Contribution to the Webinar Series: EU Green Deal Policies and their Relevance in Asia-Pacific

Key insights

Business Leadership: Raising the Circular Economy Ambition

In partnership with the KADIN Indonesia and the Cebu Chamber of Commerce and Industry and with technical advisory of the EU SWITCH-Asia programme, ACEBA will hold the first of its series of Webinars. This webinar aims to discuss how to best support the regional circular economy transition through AC...

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ACEBA contributes to Circular Economy and Sustainability Talks in Indonesia

Catalyst for Business Action on Circular Economy in Southeast Asia

The ASEAN Circular Economy Business Alliance (ACEBA) is a dynamic and growing ASEAN-centric, business-led alliance focused on advancing the circular economy transition in Southeast Asia. Its mission is to drive business action through peer learning, knowledge sharing, networking, and advocacy.

Guiding Principles for Business Action in Southeast Asia

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Net Zero for Climate, Nature and Environment

Circular Economy targets net zero by ending unsustainable resource use as the common root cause of climate change, loss of nature and biodiversity, and accumulation of pollutants and waste, which together constitute the triple planetary crises.

Resource Circularity, Efficiency and Substitution

Circular Economy closes natural resource use loops by designing in resource circularity, resource efficiency and resource substitution.

Responsible Business

Circular Economy involves business taking responsibility for the impacts on environment and society of the materials and other natural resources that are required throughout the lifecycle of its products and services.

Ideation and Co-Creation

Circular Economy frames ideation and co-creation by business and its value chains to innovate and develop circular product and service solutions.

Net Benefits

Circular Economy de-risks the economy and society from the impacts and risks of their unsustainable use of natural resources to generate net socio-economic benefit.

Our Alliance

ACEBA is a responsibility initiative of and for businesses and industries in Southeast Asia. It unites organizations and enterprises committed to leading by example in adopting circular economy solutions tailored to the region's needs, and benefiting businesses, governments, and communities.

Country Leads

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Country leads are business membership organizations operating in ASEAN member states. They represent ACEBA within their home countries, encourage national business participation, and lead national advocacy and support efforts.

Indonesian Chamber of Commerce and Industry (KADIN)

Kadin Indonesia was established in 1968, and designated in 1987 as the hub organization for Indonesia’s state-owned enterprises, cooperatives, and private enterprises. The business network of Kadin Indonesia covers all provinces, cities, and municipalities in the country, and encompasses business associations in all sectors of the economy.

Cebu Chamber of Commerce and Industry (PCCI)

Founded in 1903, the Cebu Chamber of Commerce and Industry (CCCI) is a civil service organization (CSO) and business membership organization (BMO) composed of businessmen, merchants, professionals, and entrepreneurs. CCCI is one of the largest and most prominent local business service organizations in the Philippines, with over 800 member companies and business associations coming from various sectors such as trade and industry, service, and ICT.

Participants

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ACEBA participants pledge to champion the circular economy through strategic actions. They promote circular economy principles in their business dealings, advocate to government and stakeholders, develop and implement circular solutions in their products and services, and communicate the impacts of their initiatives through transparent reporting.

TONTOTON Co. Ltd.

Tontoton works with corporations and informal waste collectors to support a plastic credit system that collects, treats, recycles, and upcycles all types of plastic waste that end up in coastal communities.

Business Case

Sai Yok Springs by Radach & Family Organics

Sai Yok Springs is Thailand’s first locally-sourced, closed-loop glass bottled mineral water that strives to reduce the carbon impact of the mineral water supply chain by up to 85%. A portion of company revenues is used to fund projects–organic farming, English education–in local schools, villages, and temples.

PT Wasteforchange Alam Indonesia (Waste4Change)

https://waste4change.com/?lang=en Waste4Change is a waste management company that promotes circular economy, and is raising awareness about the importance of proper waste management in Indonesia. The company provides guidance to businesses in managing and transporting different types of waste, managing waste generated by their products, and processing collected waste to recover valuable resources and reduce landfill waste.

Millennium Destinations

Millennium Destinations provides creative consulting services, solutions, and capacity building to small businesses and organizations engaged in responsible travel and sustainable tourism.

Partners

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ACEBA is an initiative of ARAIBA Sdn Bhd, a purpose-driven, not-for-profit business organization registered in Malaysia which takes forward the initiatives of the former ASEAN CSR Network in promoting responsible, inclusive, resilient and sustainable enterprises in ASEAN. ACEBA is further developed and implemented in collaboration with the ASEAN Business Advisory Council (ASEAN BAC) and its set-up has been supported by the EU funded SWITCH-Asia Policy Support Component.

SWITCH-ASIA Policy Support Component (PSC)

The SWITCH-Asia PSC facilitates cooperation, strengthens networking, and builds a platform for Sustainable Consumption and Production (SCP) learning, policymaking, and programming in the region. It supports the public and private sectors in addressing the triple planetary crises, and meeting international commitments, including the SDGs and the Paris Agreement.

ASEAN Business Advisory Council (ASEAN BAC)

The ASEAN BAC was established in 2001 to provide private sector guidance on ASEAN economic cooperation and integration, and identifies priority areas for consideration of ASEAN Leaders. It also leads the coordination and consolidation of inputs and resources from established business councils and entities in the region for various purposes.