IT Asset Disposition in Today’s Circular Economy
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IT Asset Disposition in Today’s Circular Economy
IT asset disposition (ITAD) can pose several erious risks for your company, including fines, lawsuits, and litigation costs associated with data breaches, environmental contamination from illegal dumping, the illegal transportation of e-waste overseas, and negative audits when industry best practices are not followed.
Whether you choose a DIY approach to ITAD or use a certified service provider, it is critical to understand the risks involved throughout the process so your company can mitigate those risks.
In this paper, we provide some background on the new circular economy paradigm that corporations worldwide are striving towards to advance their own environmental, lifecycle, social, and corporate governance policies that will help them maintain a competitive edge in this changing corporate landscape. We will also briefly look at the exponentially growing problem of e-waste worldwide and its environmental and societal implications.