About Whitepaper
In today’s changing world, sustainability, en- vironment, social equity, and responsible cor- porate governance are all at the forefront of a major paradigm shift from traditional linear economies that extract, manufacture, use, and throw away to that of a circular economy.
According to the US Congress (2020), a circular economy involves restorative or regenerative processes that enable resources to maintain their highest values for as long as possible and aim to eliminate waste with the superior design of materials, products, and systems. Furthermore, according to Masterson and Shine (2022) of the World Economic Forum, “In an ideal circular economy, products are redesigned so they last through several life cycles – rather than being immediately recycled.”
One of the biggest challenges with IT assets today is that now more than ever, IT equipment becomes obsolete extremely fast. As compa-nies upgrade their systems, they’re left with old equipment that must be disposed of in a process known as IT Asset Disposition or ITAD. Compa-