Below is a recap of this week’s blog posts including optimizing leasing with ITAD, vITAD in an advancing industry in a digital era, meeting ESG criteria with electronics recycling, and achieving social ESG goals with HOBI’s vITAD services.
Optimize Leasing With ITAD: Maximize Value & Stay Current
Technology is evolving at a staggering rate, plunging the world into an increasingly digital era and increasing device turnaround rates. Simple electronics are more expensive than they have ever been, but working with obsolete IT hardware puts companies at a disadvantage and prevents access to real-time data. This has increased the pressure to keep up with software updates and hardware upgrades. As a result, many businesses are now choosing to lease IT equipment rather than purchase it, and partnering with an ITAD provider can help maximize device value with off-lease device processing.
Value-Added ITAD: An Advancing Industry in a Digital Era
IT asset disposition is among the few things many might believe would never change, but as the world changes, so does the ITAD industry. Doing business in a digital era has significantly increased the use of technology over the past decade, making IT asset disposition a crucial industry to protect the environment. As technology has evolved, so has ITAD, which now includes several new facets of the industry and its core service offerings.
Meet Environmental ESG Criteria with Electronics Recycling
The amount of technology in the world has increased tremendously within the last decade, creating a global e-waste crisis that continues to grow as technology advances. Twenty years ago, roughly 1 billion people started using mobile phones, and now that number has risen to 7 billion. New models are announced annually, leaving many users to discard their old devices in favor of new ones, contributing to the growing issue. However, environmental awareness is spreading, and many enterprises strive to be more environmentally conscious. As a value-added ITAD service, ESG reporting enables companies to set environmental goals, and partnering with an IT asset disposition provider will help achieve these goals.
Achieve Social ESG Goals with HOBI’s vITAD Services
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.