ESG reporting has become a prominent feature of the business world, especially in sustainability, as enterprises strive to reduce their carbon footprint. One facet of ESG focuses on the company’s social responsibilities, such as capital, labor regulations, diversity, DEI, safety, human rights, and community involvement. Community involvement can be challenging to achieve in the waste industry due to a lack of participation from the community itself. Still, there is one thing almost 70 percent of the world has in common. Electronics are in high demand, but not everyone has access to them, and partnering with a vITAD provider that offers donation programs can help an organization achieve social ESG goals by helping to bridge the digital divide.
Social ESG criteria focus on a business’s relationship with clients, employees, and community and are met through vITAD services such as donations programs, device repair, remarketing, and asset redeployment.
Technology is rapidly evolving, and prices are rising, creating a digital divide among those without access to the Internet and digital literacy training. Some electronics can still be used after retirement, and many enterprises are opting to donate their retired IT assets to those in need, such as schools, new businesses, or nursing homes. Partnering with an ITAD provider like HOBI that offers value-added services enables companies to give back to their community and achieve social ESG goals by helping to bridge the digital divide.
vITAD providers also offer repair and refurbishment services for IT assets that are eligible for reuse, including data erasure and cosmetic repairs. Repairing retired assets for redeployment increases device value and helps reduce the demand for new devices, which helps reduce the need for more raw materials. As the price of technology increases, many people are choosing to reuse old devices or purchase used devices rather than new ones. Asset redeployment helps bridge the digital divide by creating a sales channel for used devices as an alternative to purchasing new devices.
Storing an abundance of IT assets can lead to an overflow of hardware, and over time, equipment can pile up and crowd the warehouse. Partnering with a vITAD provider offering asset redeployment can save budget funds by utilizing assets already in storage rather than purchasing new items that the enterprise may possess, improving control of asset storage and increasing warehouse space.
HOBI International, Inc. is an R2v3, RIOS, WBE, and ISO 14001 certified company with more than 30 years of experience in the industry. HOBI offers donation programs to help bridge the digital divide and repair services for asset redeployment to maximize the device value of retired IT assets. Our on-site data erasure services ensure data security throughout the disposition process.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.