The growing need for sustainable energy storage solutions has driven the development of environmental friendly supercapacitors with materials made from renewable sources. This study investigates the production of high-performance supercapacitors using microcrystalline cellulose (MCC) derived from several waste paper sources, including office paper (OMCC), newspaper (NMCC), and corrugated boxes (CMCC). The extraction procedure involves acid hydrolysis, followed by hydrothermal synthesis of cellulose/reduced graphene oxide/zinc oxide (rGO–ZnO) composites to provide effective electrode materials. Although OMCC–rGO–ZnO had the smallest electrochemical active surface area (2.72 × 107 cm2), it produced the highest specific capacitance (31.03 F g−1), demonstrating the importance of surface chemistry, according to electrochemical analysis. NMCC-rGO-ZnO exhibited superior charge transfer with the lowest resistance (0.217 mΩ) and maximum conductivity (60.7 kS m−1). CMCC–rGO–ZnO demonstrated exceptional cycling stability, retaining 96.5% capacity after 5,000 cycles. The findings underscore that performance is not solely governed by electrochemically active surface area but is profoundly affected by the intrinsic properties of the cellulose source. Subsequent research indicates a dominant electric double-layer capacitance behavior with minimal faradaic contributions. These findings clarify the significant impact of cellulose sources on supercapacitor performance, confirming waste paper as a feasible precursor for sustainable energy storage materials. The proposed method enhances renewable energy technologies while fostering environmental sustainability by utilizing paper waste in accordance with circular economy concepts. This research establishes a basis for the scalable manufacturing of environmentally sustainable supercapacitors while addressing global waste management challenges.