Baringa’s latest research forecasts a $1.3 billion carbon inset opportunity from second-life smartphones by 2030. With just 25% adoption of refurbished handsets, telcos could unlock $1.5 billion in carbon avoidance certificates.
Here’s why this could be a game-changer:
- Emission Reductions with Profits: Refurbishing smartphones avoids 77kg of CO₂ emissions per device, translating into significant certificate value at $50 per ton.
- Scope 3 Decarbonization: Monetizing refurbishing and recycling efforts helps reduce Scope 3 emissions while diversifying revenue streams.
- Higher Valuation Potential: Carbon insetting certificates often command higher valuations than external offsets, thanks to a lower risk premium.
The real prize? Scaling this opportunity across the entire e-waste sector could unlock more than $100 billion. Forward thinking ITADs should pay attention.
For telcos, this creates a unique opportunity. Those that lead the charge in creating robust circular models—through strategic partnerships and innovative supply chain agreements—will not only boost financial performance but enhance customer loyalty and investor credibility.
To make this vision a reality, telcos must negotiate smart agreements with supply chain partners and ITADs to enable fast scaling, align incentives, and clearly communicate value to both customers and investors.
Read More: How to unlock the multi-billion dollar e-waste opportunity
Sebastian Foot
Co-founder of Bloom Sustainability Advisors.20+ years sustainable finance experience.
