Below is a recap of this week’s blog posts including closing the loop with repair and redeployment, implementing diversity with a WBE-certified ITAD provider, sustainability practices for asset disposal with ITAD, and preventing e-waste hazards with proper IT asset management.
Circularity: Closing the Loop with Repair & Redeployment
A linear economy operates in a manner where raw materials are collected and transformed into products used and discarded by consumers as waste. The take, make, and dispose model prioritizes profitability and generates discarded waste without reintegrating into the production cycle. A circular economy targets sustainability with four pillars, reduce, reuse, recycle, and recover, that eliminate waste by recovering reusable materials for redistribution and recycling. In a digital era consumed by technology, eco-friendly disposal is critical; ITAD providers offer services such as asset refurbishment and redeployment that support circularity.
Implement Diversity with a WBE-Certified ITAD Provider
The business world continues to undergo many changes with new standards and requirements, including diversity. Having a diverse workforce is an important factor to consider when partnering with other businesses as part of social ESG criteria. 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 is beneficial for revenue growth and provides tax incentives. As industry requirements continue to evolve, partnering with a WBE certified ITAD provider provides a level of diversity to business practices and helps achieve ESG goals.
Sustainability Practices for Asset Disposal with ITAD
The quantity of technology in the world has increased significantly in the last decade, leading to an abundance of e-waste and a critical need for a safe disposal method. Responsible IT asset disposition with an ITAD enterprise ensures safe IT asset disposition, mitigates environmental liabilities and protects data. ITAD providers like HOBI provide several sustainable solutions to the e-waste crisis through electronics recycling, and implementing sustainability practices will help companies protect the environment, enterprise data, and achieve ESG goals.
Preventing E-Waste Hazards With Proper IT Asset Management
Responsible IT asset management goes beyond disposing of assets properly. With such an abundance of technology, it is easy to get careless with managing electronics, but it can become dangerous. E-waste is considered hazardous because many of our electronics today contain lithium-ion batteries notorious for their explosive nature. When electronics overheat, the batteries will swell and often result in battery fires. This can be especially dangerous to ITAD facilities that store large amounts of IT assets, which is why proper IT asset management is crucial for risk prevention.