As the new year approaches, companies are organizing sustainability strategies to reduce their carbon footprint in the new year. Environmental awareness is becoming increasingly important as technological advancements like AI become more prevalent, and developing an ITAD plan will help companies reduce their carbon impact, achieve ESG goals, and maximize ROI. IT asset disposition is often an afterthought, usually ignored until old assets become an issue. However, establishing a disposition plan with an ITAD provider will ease the burden of e-waste disposal and save budget funds by eliminating the need to find multiple vendors.
Evolving Technology is Driving the Influx of E-Waste
The primary cause of e-waste is the rate at which large amounts of electronics are manufactured faster than consumers can properly dispose of them. Technology advancements like AI will only exacerbate the problem. A linear economy reinforces the purchase, use, and discard concept, contributing to the global e-waste crisis as e-waste accumulates. An influx of e-waste in recent years has significantly increased the need for environmentally sound e-waste disposal, and companies are striving to reduce their carbon footprint by implementing reporting methods like ESG to help maintain and achieve sustainability goals.
ESG Reporting & Sustainability
ESG reporting has emerged as part of a change in industry standards, becoming one of the most notable new requirements, and continues to be a hot topic. Since ESG has risen as an industry requirement, many companies have implemented ESG goals into their business models to achieve sustainability initiatives. ESG criteria provide transparency and accountability by focusing 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.
ITAD Providers Offer Environmental Solutions for Used Assets
IT asset disposition providers like HOBI provide various end-of-use solutions for retired IT assets, including repair, remarketing, and donation programs to ensure clients get the most out of their investments, full legislative compliance with asset management, and responsible disposition via electronics recycling. Finding an ITAD partner will ease the burden of asset disposal, mitigate environmental liability, and help achieve ESG goals with all-inclusive ITAD services.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.