
E-waste, which includes old and discarded IT hardware, is becoming a major environmental issue. With millions of devices going to landfills each year, companies must adapt to sustainable practices. Hardware leasing is one of the practical solutions for reducing e-waste while still satisfying IT needs. Here’s how:
- Extended Device Lifecycles
Leasing providers usually refurbish and redeploy returned devices. This maximizes the lifecycle of each piece of hardware, thereby reducing the need for constant manufacturing.
- Eco-Friendly Disposal
Leasing companies, when disposing of old equipment, usually do so in a responsible manner by recycling them, ensuring compliance with environmental standards and waste reduction.
- Lower Technology Turnover
Leasing allows businesses to upgrade to newer models without discarding old equipment before its time. Providers usually take back the leased devices and repurpose them.
- Energy Efficiency
Many leasing companies allow business entities to enjoy their products in energy-efficient equipment that saves on carbon use, while also having low costs for operations.
- A Circular Economy
The circular economy supports the goals of leasing by ensuring that resources are used as long as possible and eventually returned into the system once it can no longer be put into service.
- CSR
Leasing is one sustainable IT practice that benefits the environment and also improves a company’s CSR profile, which might attract eco-conscious clients and investors.
Businesses can significantly reduce their impact on the environment by choosing hardware leasing while staying technologically agile and competitive.