In a shifting ITAD landscape, environmental, social, and governance (ESG) reporting plays a significant role in the industry’s evolution, and partnering with a vITAD provider can help bring an organization one step closer to fulfilling social ESG goals.
Many companies strive to reduce their carbon footprint to contribute to a more sustainable future. Businesses in every industry require some sort of certification to maintain proper compliance regulations. In this regard, environmental and governance criteria may be more manageable goals to achieve for some, but what about social? How does a business engage its community, give back, and implement diversity?
Value-added IT asset disposition (vITAD) is a term pioneered by HOBI to describe the change in waste industry standards. It includes new service offerings that augment the traditional role of ITAD. These new facets of the industry redefine traditional IT asset disposition and offer ERP integration, portal customization for asset tracking, asset redeployment, re-imaging, remote management, and ESG reporting.
Partnering with a vITAD enterprise like HOBI provides multiple avenues for social ESG growth, including diversification, device value maximization through repair and remarketing, and helping to bridge the digital divide with donation programs.
Diversity
Diversity in the workplace has become a mainstream requirement for partnerships in the business world, and partnering with a woman-owned WBE-certified business provides a unique opportunity to achieve social ESG goals. A WBE certification enables other companies to identify diverse suppliers and enhance their ESG goals while helping promote women-owned businesses to major corporations looking to do business with a woman-owned company. HOBI co-founder and CEO Cathy Hill is the founding member of HOBI’s board and has overseen the growth of the business since its inception.
Repair & Refurbishment
Not every retired device has reached the end of its useful life cycle, and repair and refurbishment help extend the life cycle of used IT assets and maximize device value. Inflation has caused many consumers to reconsider spending on new devices, but electronics don’t last forever. Remarketing opportunities help provide a cost-effective alternate sales channel for new devices while giving the device a second chance.
Community Engagement
As technology evolves, the digital divide expands. Donation programs help provide IT equipment to those without funds or access, such as schools, shelters, and small disadvantaged businesses. By assisting communities in receiving used electronics and contributing to the reduction of device manufacturing, companies can also achieve environmental ESG goals, including social.
In addition to our WBE certification, HOBI is R2v3, RIOS, and ISO-14001 certified, with services ranging from data security and erasure to reverse logistics and other vITAD service offerings.
For more information about our vITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.