Much of this e-waste comes from large corporate users of technology who dispose of their unwanted, unused or outdated devices as they would any other waste item. These items don’t degrade and must be treated carefully to reduce the environmental impact and increase the recyclability of materials.
Additionally, having access and being able to use a laptop, a mobile phone and the internet is something most of us take for granted. However, the sobering fact is that 1 in 10 New Zealanders are excluded from performing these basic tasks.
The Quadrent Green Lease is a circular economy initiative designed to enable an organisational culture change to improve your business’ sustainability, by ensuring products, materials and devices are in use for longer, improving the productivity of these resources.
It also provides the opportunity for these devices to get into the hands of schools and community organisations who are crying out for the tools to get online and take advantage of the information many of us take for granted.
The panellists were:
Below are the main discussion points that we cover:
The Quadrent Green Lease focuses on technology that should be regularly refreshed, bringing discipline to timely replacement. By choosing a Quadrent Green Lease, your assets will become part of the sustainable circular economy, which is the key driver for all regulated product stewardship.
Assured financial product.
Green loan cost-effective financing.
Increased staff productivity and satisfaction due to a proactive refresh cycle.
Reduced cybersecurity risk through up-to-date devices.
Secure data erasure services to defence grade.
It is the first financial product of its kind with the BNZ providing sustainable green loan funding.
PwC New Zealand has undertaken an assurance engagement to report on the design and operating effectiveness of controls related to Quadrent‘s Green Lease system throughout the period 1 January 2023 to 31 December 2023 relevant to the control objectives specified by Quadrent and outlined in the Quadrent Green Lease Product Controls Report Type II. A copy of this report may be provided, on request, to customers of the Green Lease product.
Quadrent and the BNZ are both strong advocates for sustainability and are members of New Zealand’s Sustainable Business Council.
A Quadrent Green Lease is more than just another finance product. It’s designed to allow New Zealand organisations to proactively take action to ensure your technology is reused after it comes to the end of its useful life within a corporate environment. By increasing the reuse, repair, refurbishment, recycling and responsible disposal of these devices to create a closed loop, organisations can play their part in minimising the use of resources, e-waste, pollution, and carbon emissions.
Not only does this provide peace of mind that your company is meeting its regulatory requirements, but it forms an important part of demonstrating to other stakeholders such as your investors and customers that ESG is more than an acronym in your organisation.
In comparison to purchasing, which often results in technology being discarded or underutilised, a green lease supports a sustainable lifecycle approach, ensuring maximum value and environmental benefit throughout the asset's use. Learn more about leasing vs buying.