Unveiling the Circular Economy: A Pathway to Sustainable E-waste Management
Circular economy principles are essential for the sustainable management of electronic waste (e-waste) and all efforts must be made by individuals, organisations, and governmental agencies to reduce e-waste globally.
The rapid growth of e-waste year over year and the hazardous components found in modern electronics poses a double-pronged threat to the environment that requires innovative solutions. IT Asset Disposition (ITAD) and circular economy principles for IT asset lifecycle management are therefore a must for any organisation to play an active role in mitigating e-waste generation.
The E-Waste Epidemic
E-waste is amongst the fastest-growing streams of waste globally, reported at around 53.6 Mt as of 2019. It’s estimated that 16.2 kg of e-waste are generated per capita in Europe, and the total amount of e-waste generated globally is only expected to increase up to around 74 Mt by 2030, paribus ceteris. Without intervention, e-waste is on track to become the fastest-growing domestic waste stream.