HOBI Weekly Blog Recap (4/15-4/18)

Below is a recap of this week’s blog posts including reducing your carbon footprint with proper IT asset management, the uniqueness of mobile processing in the ITAD space, how to achieve social ESG goals with vITAD service offerings, and practicing environmental awareness with IT asset disposition. 

Reduce Your Carbon Footprint with Proper IT Asset Management

Environmental awareness continues to make tracks in the business world, with many enterprises implementing ESG goals and environmental policies to ensure partners and clients are committed to protecting the environment. Electronic waste plays a significant role in the amount of global hazardous waste the world generates annually, and proper IT asset management will help reduce the amount of e-waste sent to landfills, help a business reduce their carbon footprint, and achieve environmental ESG goals. 

The Uniqueness of Mobile Processing in the ITAD Space 

The mobility landscape has evolved tremendously over the past decade, with smartphone shipments increasing to around 1.2 billion units in 2022. While mobility-managed services have grown, mobile processing in the ITAD space remains a complex task. IT asset disposition typically involves processing hundreds of thousands of devices each year, but mobile device processing is a different ballgame. It’s much more complex and unique than processing other devices due to factors such as the operating system, the erasure solution, broken devices, and battery handling. This complexity underscores the need for professional ITAD services.

Achieve Social ESG Goals with vITAD Service Offerings 

As part of the shifting industry landscape, IT asset disposition businesses are expanding their service offerings and implementing new industry standards, including ESG reporting. ESG criteria focus on three areas regarding how well a company performs relative to environmental, social, and governance issues. By disclosing environmental, social, and governance data, companies can shed some light on ESG performance and compliance, improve investor transparency, and become more environmentally aware. 

Practice Environmental Awareness with IT Asset Disposition 

Environmental awareness is spreading in the business world, with ESG reporting and sustainability policies being implemented left and right. However, many enterprises still overlook a specific factor that could play a significant role in reducing their carbon footprint. Electronics are used in almost every aspect of daily life, especially for work. According to Statista, the number of users is expected to amount to 2.1 billion by 2029 in the Consumer Electronics Market, meaning almost every single person in the world owns some sort of electronic device.