HOBI Weekly Blog Recap (9/18-9/21)
As a value-added ITAD service, ESG reporting provides accountability and transparency for companies seeking to reduce their carbon footprint and achieve social requirements in the workplace. Social ESG criteria focus on issues such as human capital, labor regulations, diversity, DEI, safety, human rights, and community involvement. Partnering with a woman-owned ITAD enterprise can help companies achieve diversity spending, social ESG goals, and a number of other enterprise benefits.
Partnering with a WBE-certified ITAD provider can benefit an enterprise in several ways. 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 contract with women-owned goods and services suppliers.
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 the founding member of HOBI’s board, and has overseen the growth of the business 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.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.
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