Did you know that book-and-claim certificates from the re-use and recycling of e-waste assets have attributes that make them a high-quality alternative to carbon credits? Similar to environmental certificates for clean fuels, but focused on scope 3.
We believe that the avoided emissions associated with sustainable re-use and recycling of e-waste will help global OEMs and corporates with large technology footprints to tackle scope 3 emissions in their supply chains (think telcos and data centre operators).
And scope 3 supply chain engagement is at the top of the list of recommendations from the GHG Protocol and Science-based Targets Initiative (SBTi). Hence, they could offer a supplier-backed alternative to carbon credits.
Our analysis suggests that even at modest prices these avoided emissions certificates will generate new revenue streams for e-waste processors and help OEMs create new offerings for their customers.
A win-win for everyone, no?
Sebastian Foot
Co-founder of Bloom Sustainability Advisors.20+ years sustainable finance experience.
