Save over 95% CO2e with refurbished technology from Loop Business

What’s more, 54% of smaller businesses (those with less than 50 people) don’t have an ESG policy at all.

This suggests that a significant number of businesses may be overlooking the impact their technology and devices have on achieving their sustainability objectives.

Investing in refurbished tech helps to avoid the emissions produced when new devices are manufactured and prevents e-waste. For example, a business with 250 people could save over 15,000kg of CO2 by buying refurbished smartphones for its staff, instead of brand new. There’s also the significant cost-saving potential - you can save up to 70% compared to new buys.

So, we developed Loop Business to give companies quicker access to refreshed, reliable premium brand devices.

The first to certify sustainable savings

What truly sets Loop Business apart is our ability to quantify and certify the environmental impact of our refurbished tech solutions. Through our partnership with Greenly, the world's fastest-growing carbon management platform, we have conducted in-depth assessments of the carbon footprint across our entire refurbishment process for every device model.

As we maintain control over each step, from intake to delivery, we possess unparalleled visibility into the precise CO2 emissions avoided when businesses choose pre-loved devices over new purchases. This comprehensive data allows us to provide customers with an approved CO2 impact certification, evidencing the sustainable benefits of their investment.

While the environmental advantages of refurbished tech are widely recognised, Loop Business is the only provider capable of officially certifying the carbon savings associated with your specific order.

This third-party validation reinforces our commitment to driving a circular economy for technology while empowering businesses to make informed decisions that actively support their ESG objectives.

Reducing your business’s carbon footprint with refreshed tech

This unparalleled capability to measure and validate carbon savings is crucial, as the negative environmental impact of frequently replacing business tech continues to grow.

In fact, our survey revealed that three-quarters of businesses change their IT inventories at least every two years, but many also do it more frequently. In fact, 10% swap their tech every six months.

The financial outlay for this is undoubtedly high for any business. But equally concerning is the substantial carbon footprint associated with such regular technology turnover.

As an example, opting for a refurbished smartphone over a new one can save 64kg of CO2 emissions. That’s roughly equivalent to the emissions produced by a round-trip drive from New York to Philadelphia, that would otherwise be generated during the manufacturing of a new device.

And the environmental benefits don’t stop there. For each of those devices, you also save 244kg of newly mined raw materials, 76,000 liters of water, and 200g of e-waste.

Scale that up to the number of devices used by businesses every day and you can see clearly: your tech choices can really make a sustainable difference.

Refurbished devices will save you money, too

Another significant additional benefit of investing in refurbished tech is the savings you’ll get compared to buying new.

In fact, 58% of businesses are already thinking of buying refurbished in the next two years, and the main reason they’ll do that is to save money. To find out how much money your business could save, use our cost savings calculator.

For example, a small business with 50 employees could save a massive $30,000, instead of buying new smartphones and laptops every two years.

What you can do today

There are four things you can do now to persuade the decision-makers in your business to begin investing in refreshed technology when it comes to tech renewal time. As you continue to balance profitability with sustainability, these could have a big impact on your business – and on the planet.

1. Suggest an ESG policy, if your company doesn’t have one.
2. Make sure it includes technology.
3. Support companies that use circular technology (reuse, recycle and refurbish).
4. Spread the message about technology’s part in sustainability to your teams.

Visit Loop Business to see the savings – both cost-wise and environmental – your company could make.