With the rapid pace at which technology changes and devices seem to become obsolete as soon as you get them, electronic waste (e-waste) is now the fastest growing waste stream. Unfortunately only about 20% is being recycled in some shape or form.
The size of the challenge
According to the World Economic Forum, 50 million tons of e-waste is produced each year and is expected to more than double to 120 million tons by 2050. E-waste contains toxic chemicals, including cadmium, lead, nickel, mercury, and chromium and is estimated to account for 70% of toxic waste lying in landfills.
The opportunity that lies within
But that’s not all. Electronics also contain a number of rare and valuable resources such as precious metals and minerals. By using ways to safely extract these essential resources we can reuse them to meet the future needs of electronic products. This will also generate substantially less greenhouse gas emissions (CO2 emissions) when compared to mining the earth for these minerals. According to the World Economic Forum, there is 100 times more gold in a ton of mobile phones than a ton of gold ore.
Responsible recycling is a key part of the solution
Helping our customers ensure their e-recycling is handled responsibly and sustainably is the mission 4THBIN was founded on. We are proud to partner with our customers to reduce their carbon emissions and overall environmental footprint. Together we are making a big impact!
- 8,011k lbs. recycled
- 1,602k lbs. Reused
- 11,166k lbs. grennhouse gas Reduced
- 230k lbs. Toxic Metals Diverted