One for One (Circular Electronics Offsetting) is a service offered by Closing the Loop that revolutionizes the traditional IT procurement process by making it waste-free and environmentally responsible. This innovative solution allows organizations to offset the environmental impact of their new electronic devices by recycling an equivalent end-of-life device from regions with inadequate recycling infrastructure.

Through strategic partnerships with local waste collectors in Africa and Asia, Closing the Loop ensures the safe collection and recycling of discarded electronics. These devices are then transported to certified recycling facilities for proper processing, guaranteeing both environmental and social responsibility. Clients receive detailed documentation and verified data showcasing the positive impact of their offset, which can be used for sustainability reporting and to support circular economy objectives.

This turnkey solution is scalable, transparent, and aligns with both public and private procurement strategies. It not only promotes sustainability but also creates fair employment opportunities in underserved communities, fostering social and economic development.

HOW IT WORKS STEP BY STEP

• When a company buys or sells a new phone, tablet, or laptop, Closing the Loop collects one old scrap device from countries without formal recycling.

• Local collectors are paid to gather broken phones, creating jobs and reducing informal e-waste dumping.

• The collected devices are shipped to certified recycling facilities, where valuable materials are safely recovered.

• The company gets verified proof that one-for-one collection and recycling happened, making their device "waste-neutral."

Key Characteristics

• Offers a “waste-compensation” service for electronics through a one-for-one collection model.

• Partners with local collectors in African countries to recover scrap phones and devices.

• Ships collected e-waste to certified European recycling facilities for safe material recovery.

• Provides companies with proof of recycling to certify their products as “waste-neutral.”

• Supports circular economy goals with a simple, trackable, and scalable solution.

• Works with businesses, governments, and NGOs to improve global e-waste management.

 Environmental Benefits

• Prevents e-waste from ending up in landfills or being processed in unsafe conditions.

• Recovers valuable materials like gold and copper, reducing the need for new mining.

• Reduces pollution and carbon emissions linked to traditional e-waste disposal.

• Supports sustainable electronics consumption and responsible supply chains.

• Encourages reuse and recycling through awareness, partnerships, and impact tracking.

• Promotes fair, safe, and dignified work opportunities in emerging economies.