Green Practices Guideline for Services Sector

4 SUSTAINABLE CONSUMPTION AND PRODUCTION: Promoting sustainable consumption and production patterns is a key focus area for advancing the circular economy in Malaysia’s services sector. Efforts are underway to raise consumer awareness about the environmental impact of their choices and encourage the adoption of eco-friendly and durable services. Additionally, there are various initiatives supporting resource-efficient processes, eco-labelling schemes, and green procurement in the service industries. 5 INNOVATION AND TECHNOLOGY: Innovation and the adoption of advanced technologies play a crucial role in facilitating the transition to a circular economy. Malaysia actively encourages research and development in waste-to-energy conversion, digital platforms for sharing services, and sustainable materials. The government, through agencies like the Malaysian Green Technology and Climate Change Corporation (MGTC), provides support and funding for innovative projects contributing to a circular economy in the services sector. 6 COLLABORATION AND STAKEHOLDER ENGAGEMENT: The successful implementation of a circular economy requires collaboration among various stakeholders, including government agencies, businesses, academia, and civil society. Malaysia fosters partnerships and engages stakeholders through platforms such as the Malaysia Circular Economy Conference (MyCEC) and industry associations. These collaborations aim to share knowledge, best practices, and resources to drive the circular economy agenda forward in the services sector and beyond. By embracing circular economy principles, the services sector in Malaysia, including industries such as hospitality, logistics, and consulting, can optimise resource use, minimise waste, and promote sustainable practices. This will lead to long-term environmental and economic benefits, contributing to a more resilient and sustainable future. 19 GREEN PRACTICES GUIDELINE FOR SERVICES SECTOR