FAIR LAWN, NJ – (October 11, 2011) – A recent survey by asset recovery e-waste contractor AnythingIT shows that clients who recycle and resell their used electronics save an average of 87% versus costs before they began to utilize such programs. This information comes as world estimates of e-waste volumes globally are expected to rise steeply in the next five years.
“Our clients,” says AnythingIT President and CEO David Bernstein, “are seeing that, in the face of mounting regulation and environmental concern, the burden of properly recycling or reselling working outdated IT equipment is actually no burden at all. They’re actually saving money by doing so.”
One example Bernstein uses, is a client that produces about 4,200 used computer systems per year. Before implementing a recycle/re-use program with AnythingIT, the company was selling the equipment at auction in pallet lots. Pallets would bring anywhere from $50 to $200 each and comprise roughly 20-25 computers and miscellaneous hardware. Of the sale, 20% would go to the auction house. Today, the company utilizes professional services for the data wiping, re-use or compliant recycling of their hardware and not only meets new compliance in terms of data security, but also saves over 90% in costs associated with the disposal of outdated equipment. Most of those savings come from the reduced overhead and the fees associated with compliance to local and industry l law.
This news comes as a new report in Research and Markets estimates that worldwide e-waste will grow to more than double its current volume of about 41.5 million tons to 93.5 million by 2016. The same report shows that revenue from those electronic items that are resold rather than scrapped is currently at $9.15 billion and will rise to $20 billion in the next five years.
“The best form of recycling is re-usere-use,” says Bernstein. “As it’s becomes obvious to businesses that both legal and regulatory changes are moving nationally towards mandating this, they are implementing these programs on their own. Even without legal requirements, many business leaders are seeing legacy IT recycling and where legally applicable, re-use as a public duty that they cannot ignore. It benefits them, their children and grandchildren, and the communities around their businesses. It’s just the right thing to do.”
“When an old computer is properly wiped of its data, refurbished, and then resold to a school, a needy family, or to educational programs, it is not only saved from the landfill, but is put to use where it can do the most good,” continues Bernstein. “I don’t think anyone can find fault in that because everyone wins.”
AnythingIT, Inc., www.anythingit.com, is a United States Government-GSA contracted – CCR Registered Small Business vendor with Congressional Recommendation for IT Asset Recovery/Trade-in, Forensic DataScrub (Department of Defense 5220.22M certified), Donation Processing, and EPA E-Waste Disposal services. Entering the 20th year of business, AnythingIT services both the commercial Fortune 500 as well as U.S. Government entities out of facilities nationally and globally. The company has recently completed its R2 Responsible Recycling & ISO 14001 environmental compliance audits.
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