1.3 Examples of Sustainable Businesses
The Hive: A successful zero-waste business in Malaysia that was one of the first stores to launch the refill concept, promoting a circular economy and reducing the necessity for single-use packages. Customers can bring their own containers for bulk shopping of groceries, household goods, and personal products.
Biji-Biji Initiative: Biji-Biji is a social enterprise that is engaged with upcycling and ethical production. Their fame comes from making trendy bags and accessories out of waste material such as felt and seatbelts.
IOI Group: Malaysian-based IOI Group is the world leader in sustainable palm oil production, a global conglomerate. The company’s plantations and manufacturing processes are highly sustainable, and they have a goal to reach net zero emissions by 2040.
An economic system aimed at eliminating waste and the continuous use of resources, where products and materials are kept in use for as long as possible.
The process of transforming discarded materials into new products of higher value or quality.
An example of a large corporation adopting environmentally and socially responsible practices within a major industry.
