Developing a Globally Accepted ESG Reporting Standard for Electronics Recycling

Electronics Recycling and ITAD companies offering solutions to major and multinational corporations are not brand new.  Since the 2006 CNN electronics recycling news report about illegal export to 3rd world countries, US based corporations have taken the disposal of their surplus and used electronics extremely seriously.  Along with the proper disposal of electronics, data destruction/security has also become one of the major decision-making factors in determining how to dispose of used electronics and which company to work with to handle their e-waste.  Another important decision-making factor when determining how to dispose of corporate IT assets is legal and compliance, and how corporations promote these sustainable decisions.

As there is presently, no globally accepted standard for how to report ESG (environmental, social and governance) impacts of electronics, SERI, the housing body and ANSI-accredited Standards Development Organization for the R2 standard, has decided to take the leap in developing such a standard.

SERI says, “Today, organizations are working hard to measure all of their direct and indirect carbon impacts for ESG reporting, and when you think about all of the different variables within any business, it gets very complex very quickly,” SERI Executive Director Corey Dehmey says. “We realize that the carbon impact stemming from electronics may only represent a relatively small piece of the puzzle, but since nearly every business around the world uses some combination of computers, routers, data centers, POS [point of sale] systems, mobile phones and tablets, printers and other electronic devices in their daily operations, you can see that an ESG reporting standard for electronics is an important part of the larger picture.”  

Techno Rescue currently utilizes a global impact calculator to share ESG information with our clients who then share this greenhouse gas avoidance and toxins diverted from landfill information in their corporate 10k reports and intercompany ESG reports.

It will be useful for us and our clients to utilize a standard for ESG reporting that is universally applicable and globally accepted.  We believe that all companies that divert waste should promote this information as more and more consumers are deciding to do business with more corporate responsible companies.

According to SERI, this project to create this standard offers businesses an opportunity for carbon reduction as well as increasing social good by helping bridge the digital divide through making better reuse and recycling choices within the purchasing, usage and ITAD functions of an organization.

“As a champion of electronics sustainability, we want to work as a convener and bring all the various parts of our industry together and contribute to the larger push for a true global economy,” Dehmey says. “We feel it is time to take a step forward once again into a leadership position for our industry and leverage our expertise as an ANSI accredited standards developer and our experience with over a decade of building and maintaining the R2 Standard and certification program to create an electronics industry ESG reporting standard and certification program.”  

https://www.recyclingtoday.com/news/seri-plans-to-develop-electronics-esg-reporting-standards

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