STOCK TITAN

Cisco's Sustainability 101: What Is E-Waste?

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Cisco Systems addresses the critical issue of electronic waste (e-waste) in its Sustainability 101 series. The UN Global E-waste Monitor 2024 reports a record 62 million tonnes of e-waste produced in 2022, with only 22.3% properly recycled, leaving $62 billion worth of recoverable resources unaccounted for.

Through their Plan for Possible strategy, Cisco is committed to circular economy principles, aiming to incorporate Circular Design Principles into 100% of new products and packaging by fiscal year 2025. The company offers a free Takeback and Reuse Program, recycling nearly 100% of returned products.

Cisco's initiatives include their annual Recycle IT Day, which has helped recycle 3,283 metric tonnes of used electronics since 1995. The company emphasizes collaboration across value chains, involving customers, partners, and suppliers in advancing sustainability efforts.

Cisco Systems affronta la problematica critica dei rifiuti elettronici (e-waste) nella sua serie Sustainability 101. Il UN Global E-waste Monitor 2024 riporta un record di 62 milioni di tonnellate di e-waste prodotti nel 2022, con solo il 22,3% riciclato correttamente, lasciando un valore di $62 miliardi di risorse recuperabili non contabilizzate.

Attraverso la loro strategia Plan for Possible, Cisco si impegna ai principi dell'economia circolare, mirando ad incorporare i Principi di Design Circolare nel 100% dei nuovi prodotti e imballaggi entro l'anno fiscale 2025. L'azienda offre un programma gratuito di Ritiro e Riutilizzo, riciclano quasi il 100% dei prodotti restituiti.

Le iniziative di Cisco includono la loro giornata annuale di Riciclo IT, che ha contribuito a riciclare 3.283 tonnellate metriche di elettronica usata dal 1995. L'azienda enfatizza la collaborazione lungo le catene di valore, coinvolgendo clienti, partner e fornitori nel promuovere sforzi di sostenibilità.

Cisco Systems aborda el tema crítico de los residuos electrónicos (e-waste) en su serie Sustainability 101. El UN Global E-waste Monitor 2024 informa que se produjeron un récord de 62 millones de toneladas de e-waste en 2022, con solo el 22,3% reciclado adecuadamente, dejando $62 mil millones en recursos recuperables sin contabilizar.

A través de su estrategia Plan for Possible, Cisco se compromete a los principios de la economía circular, con el objetivo de incorporar los Principios de Diseño Circular en el 100% de los nuevos productos y empaques para el año fiscal 2025. La compañía ofrece un programa gratuito de Recuperación y Reutilización, reciclando casi el 100% de los productos devueltos.

Las iniciativas de Cisco incluyen su Día Anual de Reciclaje IT, que ha ayudado a reciclar 3,283 toneladas métricas de electrónica usada desde 1995. La empresa enfatiza la colaboración a lo largo de las cadenas de valor, involucrando a clientes, socios y proveedores en la promoción de esfuerzos de sostenibilidad.

시스코 시스템즈는 지속 가능성 101 시리즈에서 전자 폐기물(e-waste)의 중대한 문제를 다룹니다. UN 글로벌 전자 폐기물 모니터 2024에 따르면, 2022년에 6200만 톤의 전자 폐기물이 기록적으로 발생했으며, 그 중 단 22.3%만이 적절히 재활용되어 $620억 상당의 회수 가능한 자원이 누락되었습니다.

시스코는 가능성을 위한 계획 전략을 통해 순환 경제 원칙에 전념하고 있으며, 2025 회계연도까지 100%의 신규 제품과 포장에 순환 설계 원칙을 통합하는 것을 목표로 하고 있습니다. 이 회사는 무료 반납 및 재사용 프로그램을 제공하며, 거의 100%의 반환된 제품을 재활용하고 있습니다.

시스코의 이니셔티브에는 1995년 이후로 3,283 미터 톤의 사용된 전자 제품을 재활용하는 데 도움을 준 연례 재활용 IT 데이가 포함됩니다. 이 회사는 고객, 파트너 및 공급업체를 포함해 가치 사슬 전반에서 협력을 강조하여 지속 가능성 노력을 이끌어내고 있습니다.

Cisco Systems aborde la question cruciale des déchets électroniques (e-waste) dans sa série Sustainability 101. Le UN Global E-waste Monitor 2024 rapporte un chiffre record de 62 millions de tonnes de déchets électroniques produits en 2022, avec seulement 22,3% recyclés correctement, laissant ainsi $62 milliards de ressources récupérables non comptabilisées.

Avec sa stratégie Plan for Possible, Cisco s’engage aux principes de l’économie circulaire, visant à intégrer les Principes de Design Circulaire dans 100% des nouveaux produits et emballages d’ici l’exercice financier 2025. L’entreprise propose un programme gratuit de Reprise et Réutilisation, recyclant près de 100% des produits retournés.

Les initiatives de Cisco comprennent leur Journée Annuelle de Recyclage IT, qui a permis de recycler 3 283 tonnes métriques d'électronique usagée depuis 1995. L'entreprise souligne l'importance de la collaboration à travers les chaînes de valeur, impliquant clients, partenaires et fournisseurs dans les efforts de durabilité.

Cisco Systems beschäftigt sich mit dem kritischen Thema des Elektronikschrotts (e-waste) in seiner Reihe Sustainability 101. Der UN Global E-waste Monitor 2024 berichtet von einem Rekord von 62 Millionen Tonnen produziertem Elektronikschrott im Jahr 2022, von denen nur 22,3% ordnungsgemäß recycelt wurden, wodurch $62 Milliarden an nutzbaren Ressourcen ungenutzt bleiben.

Durch ihre Plan for Possible Strategie verpflichtet sich Cisco zu den Prinzipien der Kreislaufwirtschaft und strebt an, die Prinzipien des Kreislaufdesigns bis zum Geschäftsjahr 2025 in 100% der neuen Produkte und Verpackungen zu integrieren. Das Unternehmen bietet ein kostenloses Rücknahme- und Wiederverwendungsprogramm an und recycelt nahezu 100% der zurückgegebenen Produkte.

Zu den Initiativen von Cisco gehört ihr jährlicher Tag des Recyclings, der seit 1995 geholfen hat, 3.283 metrische Tonnen gebrauchter Elektronik zu recyceln. Das Unternehmen betont die Zusammenarbeit entlang der Wertschöpfungsketten und bezieht Kunden, Partner und Lieferanten in die Fortschritte bei der Nachhaltigkeit ein.

Positive
  • None.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / December 6, 2024 / Cisco Systems Inc.

By Kelsi Doran

Do you feel a bit lost when people refer to certain environmental sustainability topics and aren't sure where to start when it comes to learning more? Sustainability 101 is a blog series that you can turn to for information about different environmental terms that may come up at work, during discussions with friends, and even at your annual holiday gathering.

We've all been there: you have an electronic product that is no longer working, like your favorite headphones. Instead of helping you listen to music, they have now become what is sometimes referred to as "e-waste."

What is e-waste and why it matters

According to the US Environmental Protection Agency (EPA), e-waste is a term "often used to describe used electronics that are nearing the end of their useful life, and are discarded, donated or given to a recycler. Though e-waste is the commonly used term, EPA considers e-waste to be a subset of used electronics and recognizes the inherent value of these materials that can be reused, refurbished or recycled to minimize the actual waste that might end up in a landfill or improperly disposed in an unprotected dump site either in the US or abroad."

The European Commission explains that "E-waste contains a complex mixture of materials, some of which are hazardous. These can cause major environmental and health problems if the discarded devices are not managed properly."

In addition, according to the European Commission, "Modern electronics also contain rare and expensive resources, including critical raw materials. These can be recycled and re-used if the waste is effectively managed. Improving the collection, treatment and recycling of electrical and electronic equipment at the end of their life can increase resource efficiency and support the shift to a circular economy. It can also contribute to the security of supply for critical raw materials."

How much e-waste is there?

The United Nations (UN) Global E-waste Monitor 2024 reports that "a record 62 million tonnes of e-waste was produced in 2022 - Up 82% from 2010; on track to raise another 32%, to 82 million tonnes, in 2030."

Further, according to the UN Global E-waste Monitor 2024, "less than one quarter (22.3%) of the year's e-waste mass was documented as being properly collected and recycled in 2022, leaving US$ 62 billion worth of recoverable natural resources unaccounted for and increasing pollution risks to communities worldwide."

To evolve to a circular economy, there is a need to be much more efficient with our resources, and an important aspect of that is collectively working on reclaiming the valuable raw materials in e-waste.

How can e-waste be reduced?

To reduce e-waste, we need to increase the number of products that are returned to companies that can reuse, remanufacture, resell, or properly recycle them. This concept is often known as "product takeback" when products are returned to the manufacturer for responsible reuse or recycling.

Environmentally-sound management (ESM) of e-waste can help advance environmental sustainability in the tech sector and minimize environmental impacts. Industry - working with multiple stakeholder groups, including recyclers - has done a lot to improve the ESM of e-waste.

What is Cisco doing?

One of the key priorities of our next generation environmental sustainability strategy, The Plan for Possible, is evolving to a regenerative, circular model.

Cisco aims to transform our business to extend the useful life of our products and provide ongoing services.

We are embedding circularity into how we design our products and packaging. This means designing to enable reuse, minimize environmental impacts, drive innovation, and realize value for our stakeholders. We are deploying new offerings that help Cisco, and our customers, capture more value throughout a product's life, such as payment solutions and as-a-service models designed with circularity in mind.

Cisco created Circular Design Principles, which are considered throughout the company's new product development process so our product and packaging designs can adopt a more circular approach. We have a goal to incorporate Circular Design Principles into 100% of new Cisco products and packaging by our fiscal year 2025 and we are working with our internal engineering and supply chain teams, and our suppliers, to execute on them.

And we are striving to minimize waste and extend the lifecycle of our products by recapturing hardware and redeploying those assets through remanufacture, reuse, and recycling. Cisco's Takeback and Reuse Program is a service that we offer free of charge to our customers and partners and we reuse or recycle nearly 100% of the products that are returned to us. The service helps customers support circular economy efforts.

We also realize how important it is to involve our employees in the circular economy. Cisco's annual Recycle IT Day takes place at multiple Cisco campus locations, usually around Earth Day. Since Cisco started holding these events in 1995 through our fiscal year 2023, our employees and contractors have helped recycle 3283 metric tonnes of used electronics.

In order to evolve toward a circular economy, there is a need for value chains to collaborate in the process - including customers returning their used products, partners leading conversations about circularity in business models, and suppliers advancing sustainability in materials used in products.

Learn more about Cisco's initiatives, goals and/or commitments, and our latest impact, on our environmental, social, and governance (ESG) Reporting Hub and on Cisco's Product Takeback and Reuse website.

View original content here.

View additional multimedia and more ESG storytelling from Cisco Systems Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Cisco Systems Inc.
Website: https://www.3blmedia.com/profiles/cisco-systems-inc
Email: info@3blmedia.com

SOURCE: Cisco Systems Inc.



View the original press release on accesswire.com

FAQ

What is Cisco's (CSCO) e-waste recycling goal for 2025?

Cisco aims to incorporate Circular Design Principles into 100% of new products and packaging by fiscal year 2025.

How much e-waste has Cisco's (CSCO) Recycle IT Day program collected since 1995?

Through Cisco's Recycle IT Day program, employees and contractors have helped recycle 3,283 metric tonnes of used electronics since 1995.

What percentage of products does Cisco (CSCO) recycle through their Takeback program?

Cisco reuses or recycles nearly 100% of the products that are returned through their Takeback and Reuse Program.

How much global e-waste was produced in 2022 according to Cisco's (CSCO) report?

According to the UN Global E-waste Monitor 2024, 62 million tonnes of e-waste was produced in 2022, up 82% from 2010.

Cisco Systems, Inc.

NASDAQ:CSCO

CSCO Rankings

CSCO Latest News

CSCO Stock Data

233.95B
3.98B
0.06%
79.18%
1.43%
Communication Equipment
Computer Communications Equipment
Link
United States of America
SAN JOSE