Circular ICT: How buying refurbished can save your company money?

Rafael Perez Medina
July 12, 2022

One of the big questions with new economic models is that it is difficult to give them a fair economic dimension. Although the Circular Economy has a number of principles that we agree with on paper, in practice it is very different to come up with such holistic solutions as proposed by the CE. Making decisions that profoundly change production processes will always be a moment of great care for any company.

For us at Circular Economies we see that changing the ITAD of laptops in their EoL, as well as having a responsible use during their first life cycle can make the difference between having more favorable or less favorable economic results when the time comes to change the ICT park. We see the advantages (not only environmental) but also financial of developing a healthy secondary market where the equipment sold has high quality standards.

For us this not only makes the difference between taking advantage of the materials that were used to create it, and the energy for the creation of its components; it makes the difference that through this there is also an economic advantage. The development of a secondary market where all the different players benefit (both buying and selling their ICT equipment) is a goal for us.

In our calculator we give you the limits of these ITAD gains, where we consider that part of the ICT inventory can be replaced by refurbished or used equipment; another part can be purchased new, depending on the technological requirements of your company. We understand that the sector to which the company belongs also has different requirements, different parks and different number of people.

Nowadays, recycling a ton of waste is almost 6 times more expensive than sending it to a landfill (1). The first option makes it possible to take advantage of certain materials while avoiding others that are difficult to obtain and treat (such as palladium and tungsten), the second has profound consequences on the environment: from the release of toxins into the soil directly under the landfill or the release of toxins into the air to the creation of illegal secondary markets where people risk their lives to extract some of the precious materials.

The option of selling it to the right reconditioners and the right industrial players is better than any of the above. We invite you to take a test from our site, make a rough estimate of these limits and see where your company stands.

 

ReSource Calculator: 

https://www.circulartech.world/solutions/resource

ReCover Calculator: 

https://www.circulartech.world/solutions/recover

   

BIBLIOGRAPHY:

(1) 29 Recycling Statistics We Need to Be Aware of in 2022

https://comfyliving.net/recycling-statistics/

(2) The invisible waste behind our laptops and smartphones

https://www.dw.com/en/the-invisible-waste-behind-our-laptops-and-smartphones/a-55947860