The business world is embracing ESG reporting as a tool to provide more insight on ESG performance and compliance, improve investor transparency, and become more environmentally aware.
Separated into three categories, ESG refers to the policies a company has regarding how it handles environmental, social, and governance matters. Many businesses have implemented ESG criteria,and others will not partner with another company unless they also have implemented ESG reporting. As a new industry norm, it’s important for companies to learn more and understand the facets of ESG reporting, and one very crucial part is the environment.
ESG represents a significant environmental change in industry standards as more businesses strive to reduce their carbon footprint. ESG environmental criteria focus on how companies respect and safeguard the environment, and many companies have set more sustainable goals. Environmental criteria examine what strategies are in place for potential environmental risks and how a company plans to manage or mitigate such risks.
In the ITAD space, protecting the environment is a priority. IT asset disposition revolves around properly disposing electronic waste and ensuring it does not become an environmental liability. Disposition facilities like HOBI partner with businesses to collect retired IT assets and properly dispose of them via e-waste recycling.
E-waste is classified as toxic waste and extremely dangerous when not properly managed. If it is sent to landfills, e-waste can contaminate the environment by leaking chemicals that soak into the soil and poison the groundwater. It can also be detrimental to human health if exposed to it over a long period. Incineration leads to air pollution, leaving recycling as the only safe option for electronic waste.
HOBI International, Inc. is an R2v3, RIOS, and ISO-14001 certified IT asset management and disposition enterprise that focuses on maximizing economic return and potential environmental liability. During every step of disposition, HOBI not only focuses on maximum value for our clients but also the best choice of action for the environment. We prioritize legislation-compliant, environmentally-sound refurbishment, recycling, and disposal.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.