Supporting Partner - E-Waste Wednesday
For 70 years, Iron Mountain has been a global business dedicated to storing, protecting, and managing information and assets. In doing so they help customers lower storage costs, comply with regulations, manage risks, and use the value in their information to grow.
As a market leader in information technology (IT) management, Iron Mountain also understands the urgency of advancing the circular economy. Every year more than 53 million metric tonnes of e-waste are disposed of, making it among fastest growing – and most valuable - waste streams in the world.
That’s why Iron Mountain believes assets should be used until the end of their useful life by either being properly recycled, remarketed, or resold to other organizations where they are used until they genuinely reach end of life. A core service of Iron Mountain is Secure IT Asset Disposition services (Secure ITAD), which supports zero waste to landfill in adherence with regulatory requirements, and ensures that all data left on a piece of hardware are securely and completely destroyed.
Iron Mountain’s Circular Commitments and Achievements:
- By 2040, Iron Mountain will drive circular economy innovation by working toward zero waste in operations and collaborating with others to create closed-loop products and services.
- Maximizing the value of retired IT assets through refurbishment, data sanitization, and reselling at market price.
- Reducing total cost of ownership while fully maintaining security and sustainability requirements.
- Demanufacturing assets into commodity categories.
- Developing strict social and environmental guidelines, which includes no-overseas and no-landfill policies.
- Transitioning 10% of total vehicle fleet to electric by 2025, and as part of EV100, pledge to use 100% electric cars and 50% electric vans by 2030. Iron Mountain has already added 23 EVs, with 32 already received or on order, for a total of over 50 EVs, and have plans to add 2,000 more electric vehicles by 2030. Learn more here.
The global IT asset market has incredible potential to advance the circular economy. Ninety percent of all data was created in the last two years, technology is advancing quickly with no signs of slowing down. That’s why organizations today have significant challenges in understanding the amount of data they have, and opportunities to support a circular economy for the hardware and assets used to access it.