As part of a changing industry landscape, new facets of IT asset disposition have emerged to adjust to clients’ evolving needs, a concept HOBI pioneered as vITAD. Value-added IT asset disposition services augment traditional core ITAD service offerings and include additional services such as remote management, ESG reporting, ERP integration, re-imaging and redeployment, and diversity. Diversity falls under the ESG umbrella as part of an enterprise’s social initiatives, and one way to achieve diversity is by partnering with a WBE-certified vITAD provider.
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. As one of the three ESG pillars, social ESG criteria focus on human capital, labor regulations, diversity, DEI, safety, human rights, and community involvement. 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. With the rise in popularity of ESG reporting, many companies are seeking women-owned vendors to help achieve social ESG goals.
Partnering with a WBE-certified vITAD provider can benefit an enterprise in many ways, including significant financial advantages. Using a minority-owned business as a service supplier creates new opportunities for revenue growth and opens the door to many federal and state tax incentives. Tax breaks are provided to enterprises that use women-owned businesses as suppliers. Additionally, the federal government offers a second tax incentive that may reduce certain liabilities for companies using diverse suppliers who provide services to a state or federal-grant-funded project. Certain states also offer tax incentives to businesses that work with women-owned goods and services suppliers.
HOBI, led by co-founder and CEO Cathy Hill, is a trusted industry leader with a proven track record. Cathy has overseen the business’s growth since its inception. HOBI prioritizes compliance in every step of the disposition process. In addition to the company’s WBE certification, HOBI is R2v3, RIOS, and ISO-14001 certified and has pioneered ITAD processes for more than 30 years with services ranging from reverse logistics and data erasure to remarketing and recycling.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.