Electronic waste and the circular economy
This white paper describes how Lenovo Asset Recovery Services helps businesses recycle or repurpose their assets and subsequently receive certification and payment or credit for new IT investments. Please contact Coastal Computer Systems Inc. for more information about Lenovo Asset Recovery Services. Lenovo is here for you.
E-waste refers to electronic equipment that is discarded, and it poses significant environmental challenges. The world generates over 50 million metric tons of e-waste annually, which is more than the weight of all commercial airliners ever produced. This waste contributes to global toxicity, with an estimated worth of around $60 billion. Unfortunately, only a small fraction of e-waste is formally recycled, which exacerbates the issue.
How does a circular economy benefit the IT industry?
Adopting a circular economy in the IT industry can lead to significant economic benefits. It is projected that this model could reduce costs for consumers by 7% by 2030 and 14% by 2040. By rethinking how resources are utilized—keeping products and parts in secondary markets after repair or refurbishing—companies can not only mitigate environmental damage but also enhance their bottom line.
What services does Lenovo offer for e-waste management?
Lenovo's Asset Recovery Services provide a structured approach to managing e-waste. This includes identifying idle IT assets, conducting inventory assessments, and designing custom asset management plans. The services ensure compliance with environmental standards and help offset new infrastructure costs. Lenovo emphasizes maximizing the reuse potential of IT assets, with 89% of IT professionals citing security as a primary concern in IT asset disposition programs.
Electronic waste and the circular economy
published by Coastal Computer Systems Inc.
Coastal Computer Systems, Inc. began in 1995 to provide IT services to local businesses in the Fort Lauderdale area. We provide IT services and support to small and medium sized businesses in every industry. Our mission at Coastal Computer Systems, Inc. is to build long-term relationships with our customers by effectively applying the latest information technology (IT) services and equipment to improve their daily business operations. We're known for helping our customers by providing fast, value added professional IT services and support to help our customers businesses run smoothly.
We have helped many companies achieve this for the last 25 years by offering a wide variety of IT Services from Managed Services, Cloud Computing, and Network Services. Let our experienced IT team solve all of your IT needs.
We understand the importance of a reliable IT infrastructure and our IT services are customizable to meet the needs of any size organization in any industry.
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