The benefit of more electronics recycling? 10 billion dollars

We’ve probably all gone through our share of electronics. It’s easy to overlook an important step when buying a new phone or tablet: disposing of the old piece. Recycling our electronics is one of the big challenges today. Some computer hardware companies did already find creative ways to reuse and recycle parts of their products, like Dell. But there’s a lot to gain still, especially when it comes to recovering precious metals. Increasing the recycling rate to 100 percent in this industry could generate an estimated $10 billion in cost savings and natural capital benefits, according to Trucost, a company which makes estimates about the hidden costs of unsustainable use of natural resources. That shows there’s a great business incentive to start recycling more. Let’s start doing it.

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The benefit of more electronics recycling? 10 billion dollars

We’ve probably all gone through our share of electronics. It’s easy to overlook an important step when buying a new phone or tablet: disposing of the old piece. Recycling our electronics is one of the big challenges today. Some computer hardware companies did already find creative ways to reuse and recycle parts of their products, like Dell. But there’s a lot to gain still, especially when it comes to recovering precious metals. Increasing the recycling rate to 100 percent in this industry could generate an estimated $10 billion in cost savings and natural capital benefits, according to Trucost, a company which makes estimates about the hidden costs of unsustainable use of natural resources. That shows there’s a great business incentive to start recycling more. Let’s start doing it.

Solution News Source

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