E-waste compensation - a way forward in circularity
Business and consumers buy almost three billion mobile phones, tablets and laptops across the world, every year. However, the rapid development of electrical and electronic equipment (EEE) is also making it one of the fastest-growing waste streams. As demand for sustainable acquisition grows, the technology industry is under pressure to address their sustainable purchasing policies. E-waste compensation could set the standard in the electronics industry in the future. Dutch company Closing the Loop already offers a ‘circular service’ to businesses enabling them to buy their devices in waste-free manner. The service has now been adopted in a new certification programme called TCO Certified Edge which links the purchase of every new device directly to the recycling of an end-of-life device. This type of e-waste compensation is recognised as a way forward in circularity.