The rapid growth of electronic waste (e-waste) has become a critical global issue, as evidenced by the Global E-Waste Monitor 2020. With 53.6 million tonnes of e-waste generated in 2019 and an alarming projection of 74 million tonnes by 2030, our core business is more relevant than ever. We aim to address this pressing environmental challenge by providing sustainable and innovative solutions for e-waste management, recycling, and repurposing.
The following trends drive our commitment to combating the e-waste crisis:
1. Increased consumption of electrical and electronic equipment: As technology advances and becomes more accessible, consumers worldwide are purchasing more electronic devices than ever before. This increased demand leads to higher production rates, contributing to the growing volume of e-waste.
2. Shorter product life cycles: Devices are becoming obsolete at an accelerating pace, primarily due to rapid technological advancements and the consumer desire for the latest gadgets. As a result, the lifespan of these products is diminishing, leading to a constant influx of e-waste.
3. Limited repair options: Many modern electronic devices are designed to be difficult or impossible to repair, encouraging consumers to replace a broken device rather than fix it. This "throwaway culture" exacerbates the e-waste problem.
Our core business focuses on the following strategies:
1. E-waste collection: We offer convenient and accessible collection points for consumers to dispose of their e-waste responsibly, ensuring that these devices do not end up in landfills or pollute the environment.
2. Recycling and repurposing: We extract valuable materials from discarded devices and repurpose them for new products by employing advanced recycling technologies. This minimizes the environmental impact of e-waste and reduces the need for mining new raw materials.
3. Circular economy initiatives: We advocate for and collaborate with manufacturers to design more easily repairable, reusable, and recyclable products. This promotes a circular economy, which aims to minimize waste and make the most of available resources.
In conclusion, our core business is dedicated to providing sustainable solutions for the e-waste crisis, driven by the alarming trends highlighted in the Global E-Waste Monitor 2020. By offering effective e-waste management, recycling, and repurposing services, we aim to create a more sustainable future for our planet and its resources.