The Green Electronics Council (GEC) is a mission-driven 501c(4) non-profit that seeks to achieve a world in which only sustainable electronics are designed, manufactured, bought, used and recycled.
GEC asked Trucost to assess the business case for circular economy practices throughout the electronics sector. Trucost found the industry could achieve $10 billion financial and natural capital cost savings by increasing its recovery of gold, silver and platinum from current rates to 100%.
“The environmental benefits of resource recovery, recycling and reuse are well-documented, and the efficiency gains in those areas have generated significant results. What we found with Trucost is that there are also financial benefits to embracing a circular economy, which presents a true ‘win-win’ both for the companies that capitalize on the opportunity and for the planet.”