I know the title seems confusing, but hear me out reader!
Sustainability is ensuring business practices are with the planets best intentions in mind. Yet are methods like that sustainable for the business? Plenty of earth-first initiatives look great in a press release and then quietly die in the next budget meeting. If a practice can't hold its own on cost, it doesn't last, no matter how good the intentions behind it.
So what about sustainability within the technology your business uses? McKinsey has found that sustainable practices cut costs by around 16% on average, and in the tech area of operations the numbers are especially hard to argue with. Circular approaches like reuse, refurbishment & resale lower total cost of tech assets by 15 to 25%, and refurbished business hardware runs 30 to 70% less than buying new. The World Economic Forum puts the circular opportunity at up to $4.5 trillion by 2030.
In other words, this is one of the rare corners where the sustainable choice and the cheaper choice are the same choice. Businesses earn more money taking the sustainable approach to their tech!
At Microcad, that's our whole mission. Our ITAD and refurbishment services keep good hardware in service longer, recover value for you from what you retire with buy-back services, and handle data destruction securely along the way. Less waste sounds good for the company and less spend sound good for the business.
If sustainability is pressuring you to hurt business, it's worth looking at where you can save while being sustainable. Microcad would be more than happy to connect and talk!
#Microcad #ITAD #Sustainability #CircularEconomy #Refurbished
