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More Companies are Committing to the Circular Economy

Enterprise Becomes Sustainable

Sustainability has become a growing trend for enterprises. In the next decade, several companies have pledged to contribute to the circular economy. A circular economy is a systemic approach to economic development designed to eliminate waste and pollution, keeping products and materials in use, and regenerating natural systems.

This summer, Apple pledged to be carbon neutral by 2030. Ecommerce giant Amazon committed to being carbon neutral by 2040. In the next decade, Microsoft is working to become carbon negative. Carbon negative is the reduction of an entity’s carbon footprint to less than neutral, so that the entity has a net effect of removing carbon dioxide from the atmosphere rather than adding it. Morgan Stanley, Google, and Facebook are just a few of the other names who pledged to participate in the circular economy.

IT Impacts the Circular Economy 

This corporate shift has inspired other organizations to place a greater emphasis on sustainability. IT departments can play an integral part in this movement. U.S. Department of Energy’s Lawrence Berkeley National Lab (Berkeley Lab) reports that data centers in the United States use 70 billion kW hours (kWh) of electricity per year. The Global E-waste Monitor 2017 estimated e-waste will exceed 50 million tons by the end of 2020. 

Is your company working toward becoming more sustainable? A vital part of your company’s plan should be partnering with a certified ITAD vendor. As an eStewards certified vendor, Liquid Technology does not illegally export e-waste or dump into landfills. We verify that all of our downstream partners are also certified. To learn more about our e-waste services, click here.