Circular Economy

HPE promotes circular economy for end-of-use technology

HPE is planning to show businesses worldwide that throwing away old technology that is no longer being used into landfill is not the best option when it comes to end-of-use disposal.

HPE have launched a first-of-its-kind Circular Economy Report which aims to help businesses track carbon, energy and landfill waste savings for those who return end-of-use assets to HPE through the HPE Technology Renewal Centres (TRCs).

A recent HPE Financial Services study found that 69 per cent of respondent companies have an IT sustainability strategy in place and 79 per cent would commit to a strategy.

HPE says the report will help businesses meet sustainability goal, support reporting requirements on environmental impact, CSR updates and tax compliance.

Today, organisations are constantly expanding their IT infrastructure to store and process more information, particularly to harness the value of connectivity and data to generate business value. HPE believes that by using less space, materials and energy, businesses can thrive in a resource-constrained world.

“A circular economy reimagines a take-make-dispose system to a circular and regenerative economy,” HPE said.

“It considers the full product lifecycle – from resource extraction, to product design and use, all the way to end-of-use management to extend product and material life and lower total cost of ownership.

“From a customer perspective, key drivers for a circular economy approach are new sources of business value and infrastructure efficiency.

“From a sustainability perspective, the need to move to a circular economy is driven by a consumption rate that is beyond the earth’s ability to replenish.”

The report draws on material science and product manufacturing information to show categories of products that were refurbished, remarketed and reintroduced into the economy, and those that were recycled.

“A circular economy commitment helps IT meet business and sustainability goals, while reducing the world’s growing e-waste problem,” HPE added.

“A circular economy that is applied to the IT industry can drive more efficient use of products and allow businesses to retire their assets in a secure, compliant and environmentally-responsible way.

“Our inspiration is to help customers think about their infrastructure in new ways, build strategies to extend and extract value from what they have, and use retired assets to help fund the transition to new infrastructure.”

HPE’s TRCs in Andover, Massachusetts and Erskine, Scotland help extend the life of technology whenever possible, and securely and responsibly recycle materials where appropriate.

In 2018, HPE TRCs processed over four million units, including HPE and non-HPE equipment. Of that, 89 per cent was refurbished and resold, and the rest was recycled in a secure and environmentally responsible way.