Refurbed will expand Amazon-style refurbished electronics marketplace, with carbon-neutral plan to cut CO2 emissions and plant 1m trees in at-risk biodiversity hotspots worldwide.
Why
Unsustainable levels of e-waste
More electronic waste being generated due to increasing production of devices with shorter lifespans.
Low recycling rates
Many types of electronics goods require costly, time-consuming recycling processes.
Increasing consumer demand
Lack of suppliers/retailers to satisfy growing public demand for good quality refurbished goods.
Market
120m tons
Forecast annual global e-waste (electronic and electrical) production by 2025, versus 44m tons in 2017 worth $62.5bn: UN Environment Programme
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