April 7, 2023

How Our Strategic-Partnership with Schooley Mitchell Can Help You Reduce Electronic Waste and Cut Costs


In today's fast-paced world, technology has become an essential part of our lives. From smartphones to laptops and everything in between, electronic devices have revolutionized how we work and communicate. However, the increasing use of electronic devices has also led to a rise in electronic waste, which can have serious environmental and financial consequences. By reducing electronic waste, businesses can save money and contribute to a more sustainable future. In this blog post, we'll explore ways in which reducing electronic waste can benefit businesses and the environment and provide some tips on how to do so effectively.
According to information from the Global E-waste Monitor, the world produced 53.6 million metric tonnes of e-waste in 2019. In 2014, the amount was closer to 44 MMT. This number is expected to grow to 74.7 Mmt by 2030. In contrast to the E-waste produced, the documented collection and recycling of E-waste in 2019 was 9.3 Mmt, just 17.4 percent of the e-waste produced. E-waste contains many toxic and hazardous substances, and these substances pose significant environmental and health risks. Despite the environmental and health risks, e-waste collection sites have been dubbed 'urban mines.' The value of the raw materials collected from these sites in 2019 equalled approximately 57 billion USD. Taking these statistics into consideration, the 2020 E-Waste Monitor stated that it is essential that we substantially increase the documented global e-waste collection and recycling rate. Now you may be wondering, how does reducing E-waste help my business save money?
Reducing electronic waste can help businesses save money in several ways. One of the most significant ways is through reduced energy consumption. When businesses properly dispose of old or outdated electronics and replace them with newer, more energy-efficient models, they can significantly reduce their energy consumption and lower their energy bills. In addition, properly disposing of older electronics can help businesses avoid fines and penalties for violating environmental regulations. Finally, reducing electronic waste can help businesses improve their reputation and attract environmentally conscious customers. Many consumers today are concerned about the environmental impact of the businesses they support and are likelier to do business with companies that prioritize sustainability. By reducing electronic waste and implementing other sustainable practices, businesses can attract these environmentally conscious consumers and differentiate themselves from competitors. Here are some ways you and your business can help reduce E-waste:
Donate Older but Still Functioning ElectronicsOnce your electronic devices are no longer useful to you, that doesn't mean they may not still be valuable to others. Donated machines and electronics can allow many people to get them even if they have the means to purchase them new. Finding organizations in your community that refurbish and donate used electronics is an excellent, environmentally friendly and socially conscious way to reduce your E-waste.
Research Responsible E-Waste HaulersIf you are looking for a vendor who can recycle your e-waste for you, it's important to ensure that they are committed to processing your old electronics and devices in a sustainable, secure, and cost-effective way. They should have some sort of sustainability report that you can review, correct refurbishing protocols, and certified processes for destroying any residual data on old electronic devices. Even if you have the best intentions, you are not recycling if the hauler you choose throws your electronics in a landfill, you are not recycling.
Seek Out Cloud-Based OpportunitiesUtilizing cloud-based computing and data storage can help take charge of your e-waste footprint. Not only will you need less physical storage if you are using the cloud, but you will also reduce the demand on your physical drives. This means they will last longer and need to be replaced less often. Another great benefit is that most businesses that switch to cloud-based services report increased security and cost savings.Making a conscious effort to reduce electronic waste will help you and your business save money and energy and reduce negative environmental effects! It really is a win-win for everybody!
Every type of business in every industry can benefit from Schooley Mitchell's expertise in cost-reduction strategies. Our recommendations are based solely on our client's best interests. We don't receive any kickbacks, residuals, or incentives. Our fees are self-funded from the savings generated by our cost-reduction strategies. If we can't find savings for our clients, they don't pay! Working with us is a genuinely risk-free and mutually beneficial partnership.
Schooley Mitchell is the biggest independent cost-reduction consulting firm in North America. They have offices from coast to coast in Canada and the United States. On average, Schooley Mitchell helps their clients reduce essential business service expenses by as much as 28%! They have delivered over $540 million in documented savings to their clients. Schooley Mitchell is passionate about helping their clients save money and grow their businesses. We are proud to be strategic partners of Schooley Mitchell! As the Regina, Saskatchewan franchise, we are excited to be able to help Saskatchewan business owners improve efficiency, save money and take their businesses to new heights! Contact Ken Buchanan at 306-737-2245 to learn how we can help increase your business's bottom line!