Press release

ERI’s Circular Economy Collaboration with Best Buy and HP Featured in Closing the Material Loop Report

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Sponsored by Businesswire

ERI,
the nation’s leading recycler of electronic waste and the world’s
largest cybersecurity-focused hardware destruction company, is featured
in a new report published by the Upcyclers Network, Closing
the Material Loop-How Innovators from the Public and Private Sector are
Creating Value from Waste
. ERI’s work in collaboration
with Best Buy and HP is featured in a section of the report titled
“Closing the Loop for Printers.”

The report features over 15 case studies contributed by corporate,
non-profit, and public sector leaders who understand the economic and
environmental imperative to valuing waste as a resource. By shining a
spotlight on organizations and partnerships that have created successful
programs and business models to recover and reuse materials, the report
aims to inspire more communities and businesses to take a proactive role
in utilizing discarded materials.

“It is an honor and a privilege to be featured in this important report
and to help other organizations realize the value in using recovered
materials,” said John Shegerian, Co-Founder and Executive Chairman of
ERI. “It is through collaborative efforts such as our innovative work
described in this report with our friends at Best Buy and HP, that bring
the Circular Economy concept to center stage as vital, proactive,
solution-based opportunities that benefit people, businesses and the
planet.”

Featured public sector and non-profit organizations include CalRecycle,
the City of Austin, the Colorado Department of Public Health and the
Environment, Kent County, the City of Phoenix, the Southeast Recycling
Development Council, Lonely Whale, NextWave, the Resource Solutions
Innovation Network, and the US Business Council for Sustainable
Development.

Besides ERI, featured private sector organizations include Aquafil, the
Hartsfield Jackson Atlanta International Airport, Best Buy, Circular
Solutions Advisors, Dell, Ecoculture Manufacturing Corp, Ecologic
Brands, ECOR, HP, the Mercedes-Benz Stadium, the Oxnard Pallet Company,
UNIFI, Up Cycle it Now, and The Super Bowl.

“Given the recent negative media attention and market disruption around
recycling, it’s more important now than ever to shine a light on
solutions that are keeping our materials and resources in use,” said
Gina Lee, Founder of the Upcyclers Network. “We have a real opportunity
to support domestic manufacturers, create jobs, and lessen our
environmental footprint if we can transform our perception of waste.
This report provides real-life guidance on how to accomplish this.”

With global consumer spending expected to double by 2030, there is an
urgent need to secure resources as well as develop new production models
that fit within our planetary constraints.

“ERI is proud to be on the forefront of building the material supply
chain of the future and we hope to inspire other organizations to join
us in building a circular economy,” added Shegerian.

About the Upcyclers Network

The goal of the Upcyclers Network is to support the creation of a
sustainable global economy.
One where materials are kept in
circulation and waste is seen as a resource. Our vision is to promote
demand for recycled, recovered, and discarded material by amplifying the
impact of businesses and organizations that rely on waste as their
feedstock.
Together, we will challenge our current production
model and support the transition to a circular economy.
Visit www.upcyclersnetwork.org
for more information.

About ERI

ERI is the largest fully integrated IT and electronics asset
disposition provider and cybersecurity-focused hardware destruction
company in the United States. ERI is
certified
at the highest level by all leading environmental and data security
oversight organizations to de-manufacture, recycle, and refurbish every
type of electronic device in an environmentally responsible manner. ERI
has the capacity to process more than a billion pounds of electronic
waste annually at its eight certified locations, serving every zip code
in the United States. ERI’s mission is to protect organizations, people
and the environment.
For more information about e-waste recycling
and ERI, call 1-800-ERI-DIRECT or visit
https://eridirect.com.