Ewaste thought leadership
Unlocking Value: The Benefits of Trading In Old Devices
Our lives are intertwined with electronic devices, driving innovation, connectivity, and productivity. However, as technology advances, electronic waste, or e-waste, poses a growing environmental challenge.
In Australia, millions of electronic devices are discarded annually. In fact, e-waste is growing three times faster than general waste streams, and smartphones contribute to 12% of that. Australia generates over 20 kilograms of e-waste per person each year, totalling approximately 485,000 tonnes annually. Yet, amidst this challenge lies an opportunity for businesses to not only mitigate their environmental impact but also unlock significant value by trading in old devices.
5 Reasons to Trade In your old devices
Australians are storing an estimated 38 million electronic devices in their homes, not to mention the boxes filled with unused devices that sit in office storerooms. Trading in old, unused devices offers a multitude of benefits for businesses, extending far beyond environmental considerations. By participating in device trade-in programs, organisations can help:
- Give devices a second life: Purchasing a brand-new smartphone can be cost-prohibitive to many. The secondary market for mobile devices provides a more affordable way for people to buy a smartphone. Devices that get turned in through Trade-in and Upgrade programs are the major inventory contributors to the secondary market.
- Minimise data security risks: By participating in an Enterprise Trade In program, you ensure that your devices are securely erased, mitigating the risk of data breaches. This also ensures greater compliance with privacy regulations, safeguards sensitive information and helps protects corporate reputation.
- Drive cost savings: Trading in old devices helps businesses to recover value from outdated assets, offsetting the cost of purchasing new equipment.
- Enhance corporate social responsibility: Embracing responsible e-waste management practices demonstrates a commitment to environmental sustainability and corporate citizenship, resonating more with customers, employees, and stakeholders alike.
- Foster innovation and circular economy: By participating in device trade-in programs, businesses contribute to the circular economy, where resources are reused, refurbished, and recycled to create a closed-loop system of sustainability and innovation.
Implementing A Device Trade-In Program
Trading in old devices presents a win-win opportunity for businesses to help reduce their environmental footprint, drive cost savings, and enhance corporate reputation. It does not cost anything additional to use Telstra’s Enterprise Trade-In Program and by embracing responsible e-waste management practices, organisations can not only mitigate the impact of e-waste but also unlock significant value.
Get paid for keeping your unused devices out of landfill
The Telstra Enterprise Trade-In program, managed by Assurant, allows organisations to trade-in their unused devices for money or Telstra credit.