Top electronics brands launch Private Sector Alliance for Circular Electronics

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Top electronics companies, together with a group of pioneering global organizations, set a vision and roadmap committing to a circular economy for electronics by 2030. These companies include some of the world’s largest consumer brands and represent nearly $6 trillion total market cap.

The global Circular Electronics Partnership (CEP) marks the first time experts, business leaders and global organizations will co-design solutions around this topic. This pre-competitive industry platform will establish a network of networks to elevate the action and ambition of the industry in a coordinated way.

E-waste is currently the fastest-growing waste stream in the world, one estimated at nearly 50 million tons. Research finds that only 17.4% of e-waste is collected and recycled. This waste is worth at least $57 billion annually, more than the GDPs of many countries, offering a unique opportunity for economic growth and resilience if handled correctly.