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Circular Economy

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COVID 19

COVID 19

CIRCULAR ECONOMY generates huge business and economic opportunities

The circular economy is a modern framework that is restorative by design, it has multiple society-wide benefits and it aims to redefine business growth. This model not only reduces environmental and electronic waste, but it builds economic capital by keeping products and materials in use for much longer.

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Companies can now recover and refurbish electronics according to the client’s compliance and auditing needs. with every electronic device at end-of-life becoming Each report provides detailed information that helps a new resource rather than merely being discarded. companies comply with regulations like PoPIA, GDPR, ISO This model allows business leaders to make better 27001, FISMA, HIPAA and SOX. All activities are logged to informed choices about how they can optimise IT asset ensure transparency and tight security throughout the management. auditing process. To prevent any tampering, the reports Transitioning to a circular economy generates huge also include a digital signature for optimal security. business and economic opportunities. It recognises the value The asset then goes through a vigorous certified of ‘waste’ and repurposes these items as alternative resources refurbished process (CRS) whereby every component of that can be used again in a circular cycle. The new trend is the asset is refurbed into a retail standard. Once all internal to rather refurbish than recycle, businesses are finding new components are refurbed, the aesthetics of the device innovative ways to maximise profits through green initiatives. is also refurbished so that not only will it run like a new Xperien IT Asset Disposal (ITAD) expert Bridgette Vermaak device, but it will also look like a new device. says the days of simply disposing of old electronics are over, “Although most of our clients are corporates in the responsible thing today is to implement a sustainable IT the financial sector, I was recently approached by a asset program by engaging with school to do an a reputable IT asset management Once all internal components are evaluation of their company that can provide the effective recovery, reuse and refurbed, the aesthetics of the device is ITAD processes. They required assistance retirement of redundant IT assets. also refurbished so that not only will it with the disposal “We help customers move run like a new device. of its redundant IT away from the traditional linear equipment,” she adds. economy by encouraging a Although they more circular economy by keeping IT assets in use for saved 75% on their IT spend, the school’s decision was as long as possible instead of disposing of them at not purely from a cost saving perspective but more about an early stage,” she says. Once an asset has contributing towards the environment and supporting the been received, Xperien first takes care of local economy. the data compliance issues and ensures “The school received their certified refurbished assets that all data is effectively removed from with a 3 year next day warranty. They are extremely happy the device according to customer and with their decision and they also mentioned that most staff regulatory requirements. thought the equipment was new and didn’t even realise “There are of course a lot of that the assets were refurbished,” she concludes. additional reporting procedures that Computers, phones and other digital devices don’t then take place as to give clients and their auditors piece need to be discarded, they can be refurbished and either of mind that they have followed best practice during a reused or sold. However, one must ensure that refurbished disposal,” she explains. systems are ISO certified and audited. Certified Refurbished Xperien provides a comprehensive, digitally-signed System (CRS) is an industry standard that gives consumers Certificate of Erasure after each erasure. Reporting can piece of mind knowing that they have purchased from an be customised to include a wide variety of custom fields accredited reseller with good aftersales service.

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