Circular Economy Implementation Status of Selected ASEAN Countries

Developed countries have adopted the circular economy concept to solve environmental problems. This study underpins the paradox theory to investigate the circular economy’s implementation status in the ASEAN region through the circular economy index. The circular economy index disclosure data for to...

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Main Authors: Tariq Javed, Fareyha Said, Dalilawati Zainal, Azlina Abdul Jalil
Format: Article
Language:English
Published: SAGE Publishing 2024-03-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440231216261
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author Tariq Javed
Fareyha Said
Dalilawati Zainal
Azlina Abdul Jalil
author_facet Tariq Javed
Fareyha Said
Dalilawati Zainal
Azlina Abdul Jalil
author_sort Tariq Javed
collection DOAJ
description Developed countries have adopted the circular economy concept to solve environmental problems. This study underpins the paradox theory to investigate the circular economy’s implementation status in the ASEAN region through the circular economy index. The circular economy index disclosure data for top companies in the ASEAN region was collected through an automated content analysis approach using DICTION on the annual/sustainability reports. The findings show that most public companies from the ASEAN region disclose the circular economy indicators in their annual/sustainability reports. The environment-sensitive firms are disclosing the circular economy indicators actively compared to the non-environment sensitive companies. Based on the results, this study provides theoretical and practical implications. This study is also limited because it is based only on the ASEAN region. Future studies can underpin other theoretical support and provide a comparative analysis across the continents.
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spelling doaj.art-0c98e1e2304c4270a24da5020d1fc1742024-03-23T10:03:30ZengSAGE PublishingSAGE Open2158-24402024-03-011410.1177/21582440231216261Circular Economy Implementation Status of Selected ASEAN CountriesTariq Javed0Fareyha Said1Dalilawati Zainal2Azlina Abdul Jalil3Universiti Pendidikan Sultan Idris, Tanjong Malim, Perak, MalaysiaUniversity of Malaya, Kuala Lumpur, Wilayah Persekutuan, MalaysiaUniversity of Malaya, Kuala Lumpur, Wilayah Persekutuan, MalaysiaUniversity of Malaya, Kuala Lumpur, Wilayah Persekutuan, MalaysiaDeveloped countries have adopted the circular economy concept to solve environmental problems. This study underpins the paradox theory to investigate the circular economy’s implementation status in the ASEAN region through the circular economy index. The circular economy index disclosure data for top companies in the ASEAN region was collected through an automated content analysis approach using DICTION on the annual/sustainability reports. The findings show that most public companies from the ASEAN region disclose the circular economy indicators in their annual/sustainability reports. The environment-sensitive firms are disclosing the circular economy indicators actively compared to the non-environment sensitive companies. Based on the results, this study provides theoretical and practical implications. This study is also limited because it is based only on the ASEAN region. Future studies can underpin other theoretical support and provide a comparative analysis across the continents.https://doi.org/10.1177/21582440231216261
spellingShingle Tariq Javed
Fareyha Said
Dalilawati Zainal
Azlina Abdul Jalil
Circular Economy Implementation Status of Selected ASEAN Countries
SAGE Open
title Circular Economy Implementation Status of Selected ASEAN Countries
title_full Circular Economy Implementation Status of Selected ASEAN Countries
title_fullStr Circular Economy Implementation Status of Selected ASEAN Countries
title_full_unstemmed Circular Economy Implementation Status of Selected ASEAN Countries
title_short Circular Economy Implementation Status of Selected ASEAN Countries
title_sort circular economy implementation status of selected asean countries
url https://doi.org/10.1177/21582440231216261
work_keys_str_mv AT tariqjaved circulareconomyimplementationstatusofselectedaseancountries
AT fareyhasaid circulareconomyimplementationstatusofselectedaseancountries
AT dalilawatizainal circulareconomyimplementationstatusofselectedaseancountries
AT azlinaabduljalil circulareconomyimplementationstatusofselectedaseancountries