Onalaska, Wisconsin-based Dynamic Lifecycle Innovations Inc. has developed a carbon calculator it says is designed to simplify and add certainty to the task of estimating potential Scope 3 emissions avoided through its IT asset disposition (ITAD) and electronic scrap recycling services.
“This tool demonstrates the company’s commitment to offering the easiest-to-use, most accurate solution in the industry with several distinct advantages, including calculations for 29 categories of e-waste, comprising both whole units and component parts,” says the ITAD company, which has locations in Onalaska and Nashville, Tennessee.
The calculator tracks material the company receives and processes and offers an updated carbon savings calculation available via its customer portal. The reports of potentially avoided Scope 3 emissions are displayed by the Dynamic Lifecycle Innovations calculator by commodity type, processing type and raw material outputs.
The calculator is based on the United Nations Clean Development Mechanism e-scrap recycling methodology and the Greenhouse Gas (GHG) Protocol Framework, with a methodology validated by Amsterdam-based Morningstar Sustainalytics.
“Our customers can be confident in achieving their Environmental, Social and Governance (ESG) goals with the carbon calculator’s comprehensive picture of potential avoided Scope 3 emissions resulting from their partnership with Dynamic,” says Curt Greeno, president of Dynamic Lifecycle Innovations.
“We’re dedicated to continued alignment with our clients’ values, initiatives and reporting requirements with our innovative approach to ESG."
Dynamic Lifecycle Innovations also has released its inaugural ESG report, which it says was “diligently developed to fully acknowledge the needs and values of our stakeholders, resulting in one of the most comprehensive, forward-thinking ESG reports in the industry.”
The reporting was based on the Sustainability Accounting Standards Board (SASB) standards and Task Force on Climate-related Financial Disclosures (TCFD) frameworks, and covers aspects of its practices including environmental and social impacts, governance strategy and ESG performance metrics and indices.
“As an electronics and materials life cycle management company, we understand that ESG is embedded into who we are, and that how we manage ESG factors impacts our long-term value and success,” says Miles Harter, CEO of Dynamic Lifecycle Innovations. “We also recognize the importance of understanding ESG risks and opportunities to support our customers’ evolving needs amid the transition to a low-carbon, circular global economy.”
The Dynamic Lifecycle Innovations ESG report and a demonstration of its carbon calculator can be found here.
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