Unveiling the Circular Economy: A Pathway to Sustainable E-waste Management
Circular economy principles are essential for the sustainable management of electronic waste (e-waste) and all efforts must be made by individuals, organisations, and governmental agencies to reduce e-waste globally.
The rapid growth of e-waste year over year and the hazardous components found in modern electronics poses a double-pronged threat to the environment that requires innovative solutions. IT Asset Disposition (ITAD) and circular economy principles for IT asset lifecycle management are therefore a must for any organisation to play an active role in mitigating e-waste generation.
The Circular Economy Explained
The circular economy is a system in which products and materials are retained within the economy for as long as possible through recycling, re-use, refurbishment or other incentives designed to minimise waste. This differs drastically from ‘linear economy’ models, whereby “take, make, waste” is the norm.