The circular economy has evolved from a sustainability concept into a strategic imperative for enterprises and OEMs. As environmental regulations tighten, ESG expectations rise, and raw material costs fluctuate, organizations are rethinking how their IT infrastructure fits into a circular framework.
E-waste can also be eliminated with a circular economy by reducing the amount of e-waste that is produced, reusing old electronics, and recycling what cannot be recovered. The first step in e-waste reduction is partnering with an ITAD provider to dispose of e-waste properly.
The world generates about 50 million tons of e-waste annually, making electronic waste the world’s most rapidly growing waste problem. This is primarily due to the rate at which technology has evolved during the last decade and the inability to dispose of it fast enough correctly. Responsible e-waste disposition is critical in a digital world. Proper management of IT assets will help reduce the e-waste crisis and help the world transition to a circular economy.
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.
As the most environmentally friendly method of e-waste disposal, IT asset disposition plays a crucial role in closing the loop in the circular economy with electronics recycling. As technology evolves, the e-waste crisis continues to grow. ITAD providers help keep e-waste out of landfills by recycling retired IT assets or preparing them for reuse via asset redeployment rather than throwing them away and creating more waste.
A circular economy involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. One such product that contributes to the circular economy is the reuse of mobile devices.