| Title | Approaching circular economy in an emerging economy: a solid-waste reutilization initiative in a small fresh market in Thailand |
|---|---|
| ID_Doc | 4308 |
| Authors | Thongplew, N; Onwong, J; Kotlakome, R; Suttipanta, N |
| Title | Approaching circular economy in an emerging economy: a solid-waste reutilization initiative in a small fresh market in Thailand |
| Year | 2022 |
| Published | Sustainability-Science Practice And Policy, 18, 1 |
| Abstract | Fresh markets play crucial roles in everyday life in emerging economies such as Thailand. Operated by local governments or small companies, these facilities are regarded as less equipped actors for utilizing resources and handling environmental problems, including solid waste. Therefore, the operations of fresh markets are considered as a linear business model where materials and wastes are not efficiently utilized in the economic system. Taking the case of the Don Klang Market, Thailand, this research investigated how a strategic environmentally motivated corporate social responsibility (CSR) initiative on solid waste can transform a linear flow of solid waste for realizing circular economy (CE). Through a society-wide social return on investment analysis, the results reveal that the strategic environmental CSR on solid waste creates impacts toward CE benefiting the company and stakeholders. Moreover, the study reveals that assistance is essential for small companies to take up a role in promoting CE. This research contributes to the improvement of solid-waste management and sheds some light on CE realization through CSR in the context of emerging economies. |
| https://doi.org/10.1080/15487733.2022.2110677 |
Similar Articles
| ID | Score | Article |
|---|---|---|
5064
|
Niyommaneerat, W; Suwanteep, K; Chavalparit, O Sustainability indicators to achieve a circular economy: A case study of renewable energy and plastic waste recycling corporate social responsibility (CSR) projects in Thailand(2023) | |
| 571
|
Romero-Hernández, O; Romero, S Maximizing the value of waste: From waste management to the circular economy(2018)Thunderbird International Business Review, 60, 5 | |
| 875
|
Wikurendra, EA; Ferto, I; Nagy, I; Nurika, G Strengths, weaknesses, opportunities, and threats of waste management with circular economy principles in developing countries: A systematic review(2022)Environmental Quality Management, 32, 1 | |
| 6082
|
Ezeudu, OB; Ezeudu, TS; Ugochukwu, UC; Agunwamba, JC; Oraelosi, TC Enablers and barriers to implementation of circular economy in solid waste valorization: The case of urban markets in Anambra, Southeast Nigeria(2021) | |
| 2895
|
Mandpe, A; Paliya, S; Gedam, VV; Patel, S; Tyagi, L; Kumar, S Circular economy approach for sustainable solid waste management: A developing economy perspective(2023)Waste Management & Research, 41, 3 | |
| 1858
|
Sondh, S; Upadhyay, DS; Patel, S; Patel, RN Strategic approach towards sustainability by promoting circular economy-based municipal solid waste management system- A review(2024) | |
| 5861
|
Rado, I Getting to the bottom of food waste: identifying obstacles to effective circular economy practices in a Thai semi-urban context(2022)Journal Of Material Cycles And Waste Management, 24, 2 | |
| 4027
|
Ezeudu, OB; Ezeudu, TS Implementation of Circular Economy Principles in Industrial Solid Waste Management: Case Studies from a Developing Economy (Nigeria)(2019)Recycling, 4, 4 | |
| 2014
|
Taghipour, A; Akkalatham, W; Eaknarajindawat, N; Stefanakis, AI The impact of government policies and steel recycling companies' performance on sustainable management in a circular economy(2022) | |
| 4714
|
Puntillo, P Circular economy business models: Towards achieving sustainable development goals in the waste management sector-Empirical evidence and theoretical implications(2023)Corporate Social Responsibility And Environmental Management, 30, 2 |