Equipment and technology recycling and re-use are becoming increasingly important, as more and more manufacturers, dealers and resellers adopt circular economy principles. Therefore, vendors are becoming increasingly involved in the dismantling of their assets, and separation and disposal of toxic substances and components. However, companies are unsure whether they can execute these practices on their own or if they need expert support.
Existing regulations and practices for assets that have reached the end of their life are primarily focused on reducing landfill. Three of the EU’s most important recycling directives are:
- End of Life (ELV) directive for vehicles,
- Waste Electronic and Electrical Equipment (WEEE) directive
- Restriction of Hazardous Substances (RoHS) directive for e-waste
Recycling by industry
The recycling of IT and medical equipment is better regulated than the recycling of other assets such as cars, tractors or heavy-duty equipment because e-waste is one of the fastest growing waste streams within the EU, and in many cases, includes hazardous substances. Though raw material scarcity can drive up raw material and scrap prices, many second and third life assets sold in today’s B2B environment have values significantly higher than their raw material or scrap value. On the other hand, in the IT industry, many resellers see scrapping and recycling as a way to take existing volume out of the market and stimulate new asset sales. At the customer’s request, recycling companies can provide a certificate of destruction to prove that the scrapped assets have been taken out of the market.