As the ITAD industry evolves, ESG remains an industry standard as companies implement strategies and policies to achieve environmental, social, and governance goals. In the ITAD space, environmental criteria are the easiest to achieve, but social and governance can be more difficult. Diversity is also rising in popularity as a new industry standard, and partnering with diverse suppliers helps an organization achieve social ESG criteria. ITAD providers like HOBI help clients achieve ESG goals with compliance via certifications and offer a range of end-of-use services, including environmentally sound e-waste disposition.
How Governance ESG is Achieved in the ITAD Space
In ITAD, governance criteria are achieved through compliance, audits, and transparency. Compliance is a key practice to ensure governance ESG goals are being met, and one way to achieve compliance assurance is to maintain certifications. Certifications are pivotal in the ITAD industry, ensuring accountability and confidence in clients. They provide documented evidence that their equipment is in professional hands. Several certifications are available for ITAD facilities, including the R2v3 standard, serving as a testament to the facility’s commitment to high standards and responsible practices.
Partner with a WBE Certified ITAD Provider for Social ESG
Diversity has become a staple in the business world. In the ITAD space, diversity plays a role in business development as other enterprises search for diverse suppliers. For women-owned businesses, a WBE certification benefits revenue growth and provides tax incentives. As industry requirements continue to evolve, partnering with a WBE-certified ITAD provider offers a level of diversity in business practices. As part of ESG social criteria, many businesses seek to diversify their employee pool and partners to meet DEI standards. 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 a founding member of the company’s board and has overseen its growth since its inception. In addition to our WBE certification, HOBI is R2v3, RIOS, and ISO 14001 certified. With more than 30 years of experience in the industry and services ranging from data security and erasure to reverse logistics, HOBI provides a wide range of ITAD solutions that maximize the value of retired assets and help achieve diversity and ESG goals.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.