ESG Investing Conference

Impact Investing Conference

ESG Investing

ERI details operational numbers in first ESG report  E-Scrap NewsERI details operational numbers in first ESG report  E-Scrap News

Impact Investing Conference

Impact Investing Forum 2022

https://impactinvestingconferences.com/

London. Dec 07-08, 2022.

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ERI brought online the Electronic Recyclers Next Innovative Efficiency system (ERNIE) for dismantling flat screen devices in 2019. The robotic system was installed for the first time at ERI’s Fresno headquarters in California. Photo from ERI’s Environmental, Social and Governance (ESG) and Data Security Report
The company recently revealed that ERI recycled 113.7million pounds of scrap electronics and resold nearly 4.3 million pounds used devices in 2020. This is the first time that the processor has published these figures.
The ITAD, a nationwide electronics recycling and ITAD company, published its 2020 Environmental, Social and Governance and Data Security Report on December 14. It included details about ERI and its operations. This document is the first ESG report by a privately owned company.
John Shegerian, ERI’s CEO and chairman, stated in a press statement that ESG, the circular economic and hardware data destruction are three of the fastest-growing areas. He also said that ERI has worked with many of the largest brands in the world to help them achieve their sustainability goals. ERI considers ESG a core part of its DNA. Not only for our own goals and performance, but also for all the companies that we help achieve their ESG objectives.
Here are some notable 2020 numbers taken from the report:
Facilities and employees: ERI currently has eight U.S. processing plants with 435 full-time equivalents (FTE) employees, and 283 temporary workers.
Pounds recycled: ERI reclaimed 113.7 million pounds in 2020. The company also provided data on the sources of material. According to the company, retailers collected 69 million pounds. ERI’s mail in recycling service, which was launched in partnership with UPS in 2020, brought in 33,000 pounds. ERI has set a goal of recycling 1 billion more pounds by 2030.
ERI recovers 41.5 million lbs of metal, 23.1 millions lbs of plastic, 16.2 Million lb of glass, 11.4 Mln lb of scrap with precious metals and 2.3 million lb of other recyclables. There are also 1.3 million pound of batteries. Paul Williams, ERI’s vice-president of communications and media relations, stated that 17.9 million pounds of the remaining materials are non-electronic, including residue like wood and materials that have not been shipped out by 2020. ERI sends all its circuit boards and precious materials to the LS Nikko Copper smelter, South Korea. Its aluminum scrap is sent to Alcoa. Redwood Materials receives its batteries and shredded solar panels scrap. Williams stated that 464,000 pounds of the total plastic recovered by ERI were used to make electronic products at the request from OEM customers.
Pounds redeemed: ERI sold 4.3 Million pounds of electronics to be reused in 2020. This is approximately 3.6% of the total incoming weight.
Greenhouse gas (GHG), benefits: ERI estimates that its recycling and reuse prevented the release (CO2e) of 1.27 billion lbs of carbon dioxide equivalent (CO2e).
ERI’s GHG footprint. ERI has now calculated its own GHG impact for the first time. Scope 1 direct emissions are those resulting from ERI’s capital goods, purchase of goods and services, and energy use. total 2.47 million metric tons of CO2e. Scope 2 and 3 indirect CO2e emissions (both upstream as downstream impacts) totaled 45.9 Million Pounds.
Energy use: In 2020, ERI’s eight facilities used 6.823 megawatts of electricity, or 15.68 Megawatt hours per FTE.
Transportation: ERI’s fleet covers an average of 506 mi round trip on each pickup, according the report. It also noted that ERI has West Coast- and East Coast plants close to major population centers. ERI’s 27 leased vehicles (not including third-party shipments) used 80,099 gallons fuel last year.
ERI reported that its workforce included 38.70% Hispanics, 30.63% Whites, 20.40% African Americans, 9.60% Asian/other and 0.67% Unspecified. The breakdown of supervisors was 41% white; 32% Hispanic; 22% African American; and 5% other. The gender diversity of the workforce shows that 66.67% are male, 31.78% are female, and 1.55% is unspecified. It was 55.60% for women who held various vice president titles and 44.40% for men.
COVID-19 Infections: The known infection rate for COVID-19 is 2% in all ERI facilities.
Security snapshot: ERI has 77 security camera in Aurora, Colo., 32 in Badin. N.C., 45 in Flower Mound. Texas, 148 in Fresno. Calif. (headquarters); and 58 in Holliston. Mass. ; 38 in Lincoln Park (N.J.); 13 in Sumner (Wash.); and 149 in Plainfield. Ind.
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