News in the Channel - issue #38

CIRCULAR ECONOMY

CONTINUED

and not end up in landfill is tremendously appealing,” he says. “It’s simple to quote for and to process trade-in deals through the TD SYNNEX Renew programme with everything managed through our dedicated portal. “There are also specific circular IT services, including certified data wipe, IT asset disposition, refurbishment, technical repair and onsite in-custody options, and resellers can offer any or all of these as part of a circular IT lifecycle proposition.”

genuine consumer intent is creating a powerful, long-term driver for circularity across markets. “At Xerox, we’re seeing that clients and partners are becoming sophisticated in how they approach sustainability and ESG. Rather than relying on broad claims, they are increasingly looking for credible, decision ready environmental data that allows them to measure lifecycle impact, support ESG disclosures and demonstrate progress. This shift is accelerating demand for circular solutions that are backed by independently verified methodologies, recognised ecolabels and auditable lifecycle data. “At the same time, confidence in remanufactured and refurbished products is increasing. Thanks to standardised global remanufacturing processes, rigorous quality validation, and transparency around environmental benefits, refurbished and remanufactured products are increasingly considered as performing, reliable and secure as new devices. “This growing trust is reinforced when circularity delivers environmental and business value. As organisations see that remanufactured and refurbished products can reduce embodied carbon and waste while also lowering total cost of ownership, circular solutions move from being perceived as a sustainability compromise to being recognised as a strategic, future-proof choice.” Dan notes that regulatory pressure, rising energy costs and growing stakeholder expectations are all moving in one direction. “People increasingly expect transparency around environmental impact and responsible resource use – it’s by no means a passing trend. “Circular economy principles address environmental and financial resilience, which is particularly important in uncertain economic conditions. Businesses that build with efficiency, longevity and waste reduction into their operations are simply better prepared for the future.” n

Increasing demand Demand for the circular economy is expected to continue to increase as is driven ‘top down’ and ‘bottom- up’, Wendi says. “On the one hand, circularity is being accelerated by stricter environmental legislation by the EU and the UK, from extended producer responsibility and ecodesign requirements to more robust sustainability and supply chain reporting obligations,” she explains. “On the other hand, consumers are intrinsically motivated to make more responsible choices, actively seeking circular products and services that align with their ESG-conscious values. The combination of regulatory pressure and

Demand for the circular economy is expected

to continue to increase as is

driven ‘top down’ and ‘bottom-up’,

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