The ITAD Report

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Recycle or reuse? The world of circular IT!

2021-01-28

The circular economy is more than a buzz word. It is the new economic model which is supported by the European Union in its policies and adopted by many big, innovative companies all over the globe. 

To share their thoughts and knowledge Christoffer Sandell CEO of Inrego Global and Sebastian Holmström Circular Strategy Lead at Inrego joined the podcast Impact Radio at New Business Radio. 

https://www.inrego.se/inspiration/recycle-or-reuse-the-world-of-circular-it/ 

Circular electronics day!

2021-01-28

Circular Electronics Day — a global initiative to inspire people to manage their electronics in a circular way was on Januari 24th.  

This year’s focus is giving hands-on tips and highlighting best practices, to show how easy it is to handle IT circular already today. In today’s linear economy, we take virgin natural resources to manufacture products, which often have a short lifespan before they are discarded. In a circular economy, resources are handled in a more responsible way. For electronics, this means reducing virgin resource extraction, extending use-life of products, and minimizing waste and pollution. 

Read more about circular electronics day here where you as well can take part of quizzes and soon their webinar when published: https://tcocertified.com/circular-electronics-day/ 

Cascade survey shows pandemic’s ITAD impact

2021-01-28

Wisconsin-based ITAD company Cascade Asset Management recently released its annual ITAD benchmarking report, which includes a mix of data from an online survey of Cascade’s clients. The document shows the impact of COVID-19 in 2020. 

According to the report, many survey respondents said supply chain limitations made it hard for them to acquire equipment for their employees working at home.

From the ITAD vendor perspective, the virus meant less used material coming in the door. In the survey, 40% of Cascade’s clients indicated they slightly or greatly reduced their IT equipment disposal activities in 2020. The response was consistent with Cascade’s own processing numbers – Cascade received 24% fewer devices in 2020 than in 2019. 

But the report also reflected the business boost from the hot used electronics market. Amid the pandemic, second hand electronics have sold for higher prices, Peters-Michaud said, “so our resale revenues actually grew last year.” 
The survey suggests organizations plan to get back on track with their IT asset refresh projects in 2021 but with differently looking collections in the future. After the pandemic, they think that about 11 million more people may work permanently from home. That will create challenges for remote IT management and disposition. 

https://resource-recycling.com/e-scrap/2021/01/21/cascade-survey-shows-pandemics-itad-impact/

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