Centre for International Trade and Business in Asia Flagships Circularity and sustainability towards zero waste

Circularity and sustainability towards zero waste

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Leveraging on JCU Singapore campus’ strategic location within the ASEAN business hub, CITBA’s Circular Economy and Sustainability (CES) flagship brings multidisciplinary expertise from across the three JCU campuses to uniquely weave social and environmental sciences into evaluations of real business models in line with the framework of sustainable development. Our flagship collaborates with private and public sector partners to embed circularity into real-world business models and communicate its relevance on sustainable development in tropical Australia, Southeast Asia, the Pacific and China.

Circular economy theorizes a closed-loop system where finite resources are reused and kept in a loop of continuous usage. This cradle-to-cradle approach interrupts a linear consumption model and its built-in obsolescence that we are experiencing today. The circular economy model has thus far dealt with materials and resources with advancement in technological innovation, however, the next leap in understanding and implementation requires the evaluation and incorporation of intangible factors. Such an interdisciplinary approach requires the decoupling of economic growth from reliance on resource extraction and negative human impacts. The team builds intangible social and environmental analyses into CES evaluations including digital analytics. Digital aspects of the program will be supported by Accenture, while Ogilvy & Mather will collaborate with CES on public education campaigns, thus extending the reach and impact of the flagship.

This flagship aligns with JCU’s Strategic Intent by engaging peoples and societies of the tropics in industries and economies that sustain communities and ecosystems. The research that we do is directly aligned with SDG 12, SDG 9 and SDG8 and supports SDG 1 and SDG 2.

UN Sustainable Development Goal 01 - No povertyUN Sustainable Development Goal 02 - Zero hungerUN Sustainable development goal 8 - Decent work and economic growthUN Sustainable Development Goal 09 - Industry, innovation and infrastructureUN Sustainable Development Goal 12 - Responsible consumption and production

The flagship has two major objectives:

  1. To develop innovative tools to measure social, consumption and environmental value, and identify success factors behind CES innovation.
  2. To evaluate practical steps businesses can take to align financial, societal and environmental goals to activities that genuinely build economic, social and ecological value.