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 in regard to how well a company performs concerning 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.
The environmental and governance criteria are met via e-waste recycling and complete transparency and compliance in every step of the disposition process. Social ESG criteria focus on a business’s relationship with clients, employees, and its community and are met through vITAD services, such as device repair, remarketing, and redeployment.
Technology is steadily evolving and leaving many behind. Steep pricing, the pandemic, and rising inflation have created a digital divide between those with ready access to technology and those without. This divide has been present for many years. Still, it has recently grown, and social ESG criteria in the ITAD industry focus on helping bridge this dive by repurposing retired devices and remarketing them to increase value and reduce the need for brand new devices.
Asset redeployment not only keeps retired IT assets out of landfills but also prolongs a device’s lifecycle to ensure maximum return.
By providing cost-effective alternatives to brand-new devices, ITAD providers can help bridge the digital gap for their clients and their community.
For more information about our vITAD services, call 817-814-2620, or contact HOBI at email@example.com.