{"id":390,"date":"2025-02-19T08:44:59","date_gmt":"2025-02-19T09:44:59","guid":{"rendered":"http:\/\/www.anthonyhouse.org\/?p=390"},"modified":"2025-03-01T02:37:18","modified_gmt":"2025-03-01T02:37:18","slug":"up-to-346m-of-social-value-created-through-technology-reuse-in-2023-24","status":"publish","type":"post","link":"http:\/\/www.anthonyhouse.org\/index.php\/2025\/02\/19\/up-to-346m-of-social-value-created-through-technology-reuse-in-2023-24\/","title":{"rendered":"Up to \u00a3346m of social value created through technology reuse in 2023\/24"},"content":{"rendered":"
\u00a0<\/div>\n

\"reuse\"<\/h4>\n

Up to \u00a3346 million of social value was created due to product reuse enabled by the resource and waste management sector in 2023\/24, according to a new CIWM report<\/a>.<\/h4>\n

The new report, funded by the Chartered Institution of Wastes Management (CIWM) and produced by Tech-Takeback, found that between \u00a3120 million and \u00a3346 million of social value was created through product reuse enabled by the resource and waste management sector in 2023\/24.<\/p>\n

The report focuses on technology reuse for digital inclusion and assesses the social value of wider reuse activities.<\/p>\n

CIWM said the research shows the \u201ckey role\u201d the resource and waste management sector can play in supporting the UK Government\u2019s commitment to moving to a circular economy and accelerating the net zero transition.<\/p>\n

The Institution said the resource and waste management sector can help create new jobs in the repair and reuse economy, reduce household expenditure by offering \u201chigh-quality\u201d reused items at low prices, and cut carbon emissions by reducing the need for new product manufacturing.<\/p>\n

The sector can also assist people back into employment by reducing digital exclusion by providing reused electronics, such as laptops, CIWM said.<\/p>\n

Finally, CIWM said the sector can increase the capture of rare earth metals from the disassembly of end-of-life products.<\/p>\n

\"\"<\/a>
The Executive Summary of the report is available to read now.<\/figcaption><\/figure>\n

Commenting on the launch of the report, Lee Marshall, CIWM\u2019s Director of Innovation & Technical Services, said: \u201cWaste policy has not always been strong on reuse activities, and it will need to strengthen if we are to move towards a more circular economy.<\/p>\n

\u201cBy demonstrating the social value associated with reuse activities, we can hopefully accelerate the move toward them becoming more mainstream than they currently are.\u201d<\/p>\n

The report also estimates that there are currently around 20 million unused laptops stored in UK homes, which have the potential to generate up to \u201c\u00a344 billion in social value\u201d.<\/p>\n

The research used three different tools (TOMS, HACT, and LOOP) to measure the potential social value of technology and other reuse activities.<\/p>\n

It found that each of these tools has a different intended function, which means they provide differing assessments of the level of social value a reuse activity will generate.<\/p>\n

As a result, CIWM said there is still a high degree of complexity when it comes to measuring social value, with no single tool providing a complete picture.<\/p>\n

The report recommends that organisations use two different tools to give as complete a picture as possible.<\/p>\n

Jodi Harford, Chief Operating Officer at Tech-Takeback, said the report demonstrates that reuse is more than just an alternative to recycling, calling it a \u201cpowerful catalyst for community transformation\u201d.<\/p>\n

\u201cOur social value calculations show that every reused item, whether a piece of tech or another everyday product, can create jobs, reduce costs, and boost well-being,\u201d Harford said.<\/p>\n

A report last year by CIWM showed that reuse and repair are \u201clikely to create the most jobs in the sector\u201d over the next ten years.<\/p>\n

Alongside the report, Tech-Takeback has produced a guide to support reuse organisations measure and articulate the social value generated by their activities.<\/p>\n

The full report is available to read here<\/a> and an Executive Summary can be found here<\/a>.<\/em><\/p>\n

\"\"<\/a><\/p>\n

The post Up to \u00a3346m of social value created through technology reuse in 2023\/24<\/a> appeared first on Circular Online<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 Up to \u00a3346 million of social value was created due to product reuse enabled by the resource and waste management sector in 2023\/24, according to a new CIWM report. The new report, funded by the Chartered Institution of Wastes Management (CIWM) and produced by Tech-Takeback, found that between \u00a3120 million and \u00a3346 million of social value was created through product reuse enabled by the resource and waste management sector…<\/p>\n","protected":false},"author":1,"featured_media":388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/posts\/390"}],"collection":[{"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/comments?post=390"}],"version-history":[{"count":1,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/posts\/390\/revisions"}],"predecessor-version":[{"id":391,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/posts\/390\/revisions\/391"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/media\/388"}],"wp:attachment":[{"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/media?parent=390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/categories?post=390"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.anthonyhouse.org\/index.php\/wp-json\/wp\/v2\/tags?post=390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}