Embracing Circular Economy in Palm Oil Industry : Current Status, Strategies and Ways Forward

This book examines how the palm oil industry may align its business practices with circular economy principles, amid growing environmental scrutiny and regulatory pressures.

This book examines how the palm oil industry may align its business practices with circular economy principles, amid growing environmental scrutiny and regulatory pressures. The book discusses the potential industrial benefits of adopting circular economy principles before reviewing the current state of business practice in the Malaysian palm oil industry. It highlights factors that influence the adoption of sustainable practices, including taxation, small- and medium-sized enterprises (SMEs), waste management and valorization, and digital technologies like the Internet of Things (IoT). In doing so, the contributors provide strategies and insights for other palm oil-producing countries to transition toward more sustainable business practices. This book is an essential resource for academics interested in agriculture, supply chain management, sustainability, and environmental studies. This volume will also be of interest to policymakers and professionals in the palm oil industry.