The world produces an astonishing 50 million tons of electronic waste annually, yet only 20% of it is being recycled, according to the United Nations. This is a severe problem for our planet, as e-waste often has toxic substances like lead and mercury that can harm both the environment and human health. Fortunately, Asset Value Recovery (AVR) offers a solution.

AVR involves refurbishing or recycling assets to restore their original value, maximizing their lifetime value while minimizing associated costs. The refurbishment process includes repairing and upgrading electronic devices such as computers, laptops, and tablets, while recycling breaks down end-of-life assets into parts to be separated by material and recycled. With the refurbished market for laptops and computers expected to grow to over USD 12 billion in the next 8 years, now is the time for businesses to take advantage of AVR.

AVR also offers other several benefits that make it a smart investment for businesses:

• Generates revenue for companies by selling equipment or inventory no longer in use.
• It helps protect the environment and safeguard human health from the toxic substances found in e-waste.
• Provides the market with reliable alternatives through refurbished equipment.

When it comes to implementing Asset Value Recovery, there are specialized ITAD companies that can take care of these processes. CDR Global, for example, has processed over 3.5 million devices for refurbishment or recycling within the US. Working with CDR Global has several advantages, such as:

1. Restoring equipment to avoid wasteful e-waste while complying with standards like the R2V3, which is the most thorough standard for electronics recycling.
2. Being an ISO 9001 certified company and ensuring that all equipment is handled in an environmentally responsible manner.
3. CDRG’s efficient refurbishment process means that a refurbished device can be in the hands of a new customer in just 80 to 100 days.

Ultimately, AVR is an effective and sustainable solution to the problem of e-waste. The process of refurbishing or recycling assets can reduce waste, promote sustainability, and generate revenue for businesses. By adopting AVR as a standard practice, we can create a better world for ourselves and future generations. Let us act now and promote AVR to make a positive impact on our planet!