The ITAD landscape has evolved to include several additional facets of the business, including ESG reporting. Separated into three categories, environmental, social, and governance, ESG represents a significant change in industry standards, and one way to achieve Social ESG criteria with ITAD is with mobility-managed services. Proper IT asset disposition is a necessity today, and ITAD providers like HOBI offer mobile asset management services such as repair and refurbishment, remarketing opportunities, and donations programs that maximize device value and can help enterprises achieve social ESG goals.
ESG reporting has garnered much attention recently and has become something many businesses look for before partnering with vendors. Environmental, social, and governance policies help an enterprise appear more transparent in operations and help uphold a level of accountability in these three areas. More businesses are becoming environmentally focused and altering how products are packaged to reduce the amount of plastic used. Certifications and compliance help companies achieve governance criteria, but social criteria can be more challenging, especially in the ITAD industry.
Social ESG criteria refer to a company’s relationship with its employees, clients, and community and how it performs in terms of managing employee health and safety. In the ITAD industry, Social ESG criteria can be achieved via mobility-managed services. The mobile landscape has grown tremendously, yet there are many places without access to mobile devices. Some ITAD enterprises offer repair and refurbishment services and even remarketing opportunities for retired mobile devices that still have some life left. Remarketing retired IT assets for reuse helps create an alternative sales channel for those seeking to save money on electronics by purchasing used devices. Asset redeployment also maximizes the value of IT assets, increasing ROI.
Donation and employee buyback programs are value-added IT asset disposition service offerings that help maximize asset value. Many companies partnering with an ITAD provider will request to donate their old IT assets to those in need, such as schools, small startups, or nursing homes, which helps bridge the digital divide. Employee buyback options for clients allow companies to benefit their employees and will enable them to purchase used IT equipment.
Partnering with an ITAD provider will help an enterprise achieve social ESG goals by providing a service to their community as well as employees. HOBI is an R2v3, RIOS, and ISO 14001 certified IT asset management and disposition enterprise with more than 30 years of experience in the waste industry. HOBI prioritizes employee satisfaction and focuses on environmentally sound disposal practices for e-waste.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com