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What is the Circular Economy?

Image: What is the Circular Economy?

A deviation from the common industrial economic model of “take, make, dispose”, the circular economy champions reuse of products and materials. The circular economy is the idea of an economy that is self-restorative and regenerative, rather than one that is extractive and wasteful by design. This renewable rethink of the current economic model has many benefits as it’s more economically, ecologically and socially responsible.

Tier 1 offers an array of IT disposal and handling services, all of which intersect with the ideas of a circular economy. Our secure disposal of end-of-life IT products not only guarantees the safety and security of your data, but ensures that your IT is being disposed of in an environmentally friendly manner.

We emphasise re-use at Tier 1, and offer IT refurbishment and re-deployment services in order to help your company do so, therefore buying fewer new products and avoiding adding to the global e-waste problem. IT re-deployment saves both money and the raw materials required to manufacture these items that we are quickly exhausting.

To make a smartphone, over 3 thousand gallons of water are used. By 2020 the worldwide shipments of smartphones are predicted to hit 1.71 billion. Also by 2020, it is predicted that roughly 30-40% of the world will suffer water scarcity. Enacting a circular economy approach to consuming technology will help in reducing the number of harmful emissions produced and natural resources depleted in the process of producing these electronic items. 

If you would like to find out how your business can support the circular economy, get in touch with us today. We can support your business with IT redeployment and disposal services to help you make a positive contribution.

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Tier 1 Asset Management Ltd
59 Stanley Road, Whitefield, Manchester, United Kingdom M45 8GZ
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