Retech Days News 18 July 2024

Foxway and Econocom unite for sustainable tech

Foxway and Econocom PS have formed a strategic alliance to bring sustainable technology closer to companies. Their goal is to provide reconditioned technological devices that meet high-quality standards and come with the same guarantees as original manufacturers, ensuring a continuous and reliable supply for businesses.

?Foxway, under the Teqcycle brand, offers reconditioned technology products that undergo a thorough renovation process. This includes data erasure, functional testing, necessary repairs, and quality control, ensuring the devices are ready for a new life cycle on the market with guarantees of up to three years.

?Econocom will manage the guarantees of Teqcycle products in Spain, enhancing the value proposition by offering customers a more sustainable alternative without compromising on experience and service. This alliance highlights their commitment to sustainability and innovation, providing companies with high-quality, eco-friendly technological solutions that comply with European regulations.

Alchemy succeeds in refurbishing over six million devices

Alchemy, a technology refurbishment company, has announced that it has repaired and remarketed over six million devices in the last seven years, saving 420,000 tonnes of CO2 emissions. This achievement aligns with global efforts to reduce e-waste, which reached 62 million tonnes in 2022, an 82% increase since 2010, according to the Global E-Waste Monitor 2024.

?This announcement comes on the heels of the European Council's adoption of the right-to-repair (R2R) directive, which promotes the repair of broken or defective items. The directive aims to reduce waste and encourage sustainable practices across Europe.

?Earlier this year, Alchemy partnered with carbon-accounting platform Greenly, becoming the only device refurbishment company able to certify the CO2 savings of the devices it sells. This partnership underscores Alchemy's commitment to sustainability and transparency in its operations.

?Co-founder, James Murdock expressed his satisfaction with Alchemy's contribution in decarbonisation, mitigating climate change, and adopting circular practices for more sustainability and claimed that this achievement “...is powerful proof that we can create a healthier planet by rethinking our relationship with technology. Each pre-loved device we sell represents an environmentally conscious choice that moves us towards a complete circular economy benefiting both people and planet. And this milestone is a testament to how businesses and consumers truly want to re-use and repair more, rather than simply throw things out”.

?United Group commits to sustainability by joining EGDC

United Group, the leading telecommunications and media provider in Southeastern Europe, is proud to announce its membership in the European Green Digital Coalition (EGDC). This strategic partnership aligns with United Group's vision of fostering sustainable growth through digital innovation.

?The EGDC, supported by the European Commission and the European Parliament, aims to leverage digital solutions to reduce emissions across various sectors. To date, 36 ICT companies have joined the Coalition by signing the Declaration and meeting the membership criteria, which include a commitment to digital transformation and greening the ICT sector.

?The Group’s CEO, Victoriya Boklag emphasised on this initiative by stating that “Joining the European Green Digital Coalition aligns with our vision of fostering sustainable growth through digital innovation. By collaborating with other industry leaders in the EGDC, we aim to accelerate the transition to a more sustainable digital economy. We are committed to empowering our stakeholders, customers, and communities to embrace greener practices through the adoption of digital solutions. By providing innovative tools and platforms, we aim to facilitate their transition to more sustainable operations, creating a ripple effect that extends far beyond our own business. Together, we can build a more sustainable future for all”.

?By joining the EGDC, United Group reaffirms its commitment to sustainability with ambitious goals such as achieving net-zero emissions across its value chain by 2040. Key initiatives include reducing carbon footprints, enhancing energy efficiency, and promoting circular economy practices. Membership in the EGDC provides United Group with access to a network of industry leaders, fostering collaboration on innovative environmental initiatives and setting new industry standards.

?YesYes and Laboratoires Expanscience partners for sustainable growth

YesYes is proud to support Expanscience in its responsible purchasing policy by equipping employees in France with 100% reconditioned smartphones. This initiative reflects a strong commitment to sustainability and corporate social responsibility (CSR).

The project was made possible through the collaboration of the CSR, Purchasing, IT, and YesYes teams. This unified effort aligns with Expanscience's CSR approach, gradually replacing the purchase of new products with refurbished YesYes phones.

To recall, Laboratoires Expanscience's positive impact on society and the environment is recognised by B Corp certification. Through their CSR program "impACT," they develop cosmetics and sensory ingredients of 100% natural origin, contributing to the well-being of both body and mind.