As the public sector takes environmental issues more seriously, and the government is making headway in establishing strict policies, law, and regulation enforcement that protect and promote environment quality, the industries have made a drastic shift to be a part of long-term sustainable growth.
SCG, one of Thailand’s leading business conglomerates, has realized the movement and adopted the Circular Economy that promotes resource maximization as part of its business strategies and operations. Plus, it has put the best effort to foster a broader and stronger collaboration with all players at home and overseas. Among them is the Ellen MacArthur Foundation.
Accelerating Transition to Circular Economy Worldwide
The Ellen MacArthur Foundation (EMF), with SCG as an only member from Thailand, is a UK registered non-government organization launched in 2010 to promote and accelerate the transition to a circular economy, a more eco-friendly and sustainable economic system. The system has brought about new business models and products and services designed based on resource recycling principles. The Circular Economy model replicates the balance of the natural world, where nothing becomes waste.
The work of the Ellen MacArthur Foundation (EMF) focuses on six interlinking areas:
- Learning. The Foundation realizes that giving education to all players will help in the transition to the circular economy. Such knowledge can be used to develop the vision, skills, and mindsets needed to transition to a circular economy.
- Business. Since its launch, the Ellen MacArthur Foundation (EMF) has catalyzed circular innovation. The Foundation strives to be a center to bring all players such as government authorities, industry leading corporations, and startups, to build circular capacity at a broader scale.
- Institution, Governments and Cities. To make the Circular Economy a reality, the Foundation works with governments and institutions, from municipal to international, with the aim of informing policymakers and supporting public-private co-creation mechanisms.
- Insight and Analysis. The Ellen MacArthur Foundation (EMF) works to assess the feasibility of the circular model’s economic potential and advise on approach for capturing this value.
- Systemic Initiatives. The Foundation brings together leading organizations from across the value chain to help tackle systemic stalemates from applying the Circular Economy.
- Communications. The Ellen MacArthur Foundation (EMF) communicates cutting-edge ideas and insight through its circular economy research reports, case studies, and books, which are made accessible online.
SCG: Thai Circular Economy at Global Stage
As an only conglomerate from Thailand that joined the network of Ellen MacArthur Foundation (EMF), a non-government organization that accelerates the transition to the Circular Economy worldwide, SCG has taken this opportunity to learn the Circular Economy from the Foundation and other members to put ideas into practices and share the concept to other parts in Thailand. Besides, SCG’s joining the network is an excellent opportunity to introduce concept and practices of SCG Circular Way that is implemented in several projects and activities through the Foundation’s workshops and summits.
The collaboration between SCG and the Ellen MacArthur Foundation is an excellent starting point and a good opportunity to build knowledge and expand the Circular Economy network at the international level to help promote the success of the sustainable transition. To read more about the Ellen MacArthur Foundation (EMF), please visit https://www.ellenmacarthurfoundation.org/.