Sunday, December 16, 2018

how looking at the entire product lifecycle can help businesses achieve a more sustainable future


We have just one Earth.

But at our current rate of consumption, we need about 1.7 Earths in order to provide all of the resources we expend on an annual basis.

Given the challenges our planet faces today due to energy and resource consumption, further exacerbated by population growth, the concept of sustainability – in order to truly live up to its name – must be more comprehensive than perfunctory efforts. Indeed, we must bend the curve from a take-make-dispose model to a regenerative and restorative system that eliminates waste through the superior design of materials, products, and business models.

That approach is the foundation for the Circular Economy, a sustainability paradigm with the ultimate goal of creating net-zero impact by addressing every phase of the product lifecycle: from resource extraction to product design and use, through to end-of-use management.

When Circular Economy principles are embraced, it’s good for both business and our planet. While environmental disruption creates vulnerabilities from material scarcity or fluctuating commodity prices; actively managing our consumption creates infrastructure efficiencies, opportunities for innovation, and business resilience. We fully believe that at HPE– as we announced today with the release of our new Circular Economy Report – we can help organizations drive financial and business results with efficient solutions that maximize material, resource, and equipment efficiencies for IT infrastructure.

At HPE, we are following Circular Economy principles as we innovate the IT infrastructure of the future, not simply because of the environmental and societal benefits but because it is a strong driver for economic growth.

As we indicate in the Circular Economy Report, which is available to HPE Financial Services Lease Return and Asset Upcycling Services customers, HPE is able to provide IT and sustainability organizations with information about the carbon, energy, material, and landfill savings achieved by returning retired or end-of-use assets to us for processing through HPE Technology Renewal Centers.

Specifically, the report, based on sophistical life-cycle-analysis and economic assessment, shows a breakdown by category of the IT products that were refurbished, remarketed and reintroduced into the economy as products, and those that were recycled and put back into the economy as recycled materials.

This is important information for organizations to share, especially as investors and customers increasingly request the disclosure of a company’s environmental impacts. But even more important than the information is the message behind it:

That we have the capability to find new ways to manage the explosive demand for data by using far less space, materials, and energy.

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