Tag Archives: regulation/oversight

ITAD firms weigh in on bank’s $60M data mismanagement fine

Published: October 15, 2020
Updated: October 15, 2020
by Jared Paben

The Treasury Department fine against Morgan Stanley was related to a 2016 decommissioning of two Wealth Management business data centers in the U.S., as well as ITAD vendor control management deficiencies in 2019. The company doesn’t believe any client information has been accessed or misused.| Ken Wolter/Shutterstock

The U.S. Treasury Department has issued a major fine to Morgan Stanley for improper management of drives. Executives in the electronics recovery sector say the case reaffirms the warnings they have been giving to corporate partners for years.

Groups weigh in on federal recycled-product procurement

Published: July 23, 2020
Updated: July 23, 2020
by Jared Paben

Closeup of printer cartridges inside an HP printer.

In comments to the EPA, NASA recommended that federal procurement guidelines point purchasers toward recycled-content ink cartridges. | David Tonelson/Shutterstock

As the U.S. EPA updates its lists of recycled-content products purchased by federal agencies, recycling stakeholders have chimed in about electronics.

Posted in Top stories | Tagged regulation/oversight |

BAN offers update on its EarthEye tracking program

Published: June 18, 2020
Updated: June 18, 2020
by Jared Paben

The Basel Action Network estimates that since the EarthEye program started over a dozen customers have used the trackers. | Aunging/Shutterstock

Samsung is deploying 40 GPS trackers a year to follow the downstream movement of scrap electronics. Processors, including Kuusakoski, have used the devices to track the movement of recovered commodities.

Posted in Top stories | Tagged Exports, industry groups, regulation/oversight |

Basel proposal pushes to further regulate e-scrap exports

Published: June 11, 2020
Updated: June 11, 2020
by Colin Staub

Cargo containers stacked at a shipping terminal.

The Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal is an international treaty governing how waste is moved around the world. | mayday6510/Shutterstock

Multiple countries are proposing to expand restrictions on the global movement of discarded electronics.

Posted in Top stories | Tagged Exports, regulation/oversight |

Details emerge on scope of Closed Loop CRT cleanup

Published: May 14, 2020
Updated: June 5, 2020
by Jared Paben

A photo from consulting firm AECOM shows a view inside of 1655 Watkins Road in 2015, when Closed Loop still operated in the space.

E-scrap company Novotec will be paid up to $14 million to recycle or dispose of over 128 million pounds of CRT materials at former Closed Loop Refining and Recovery warehouses in Ohio, newly released documents show.

Posted in Top stories | Tagged courts/lawsuits, CRTs, regulation/oversight |

California hikes payments for stressed e-scrap companies

Published: May 29, 2020
Updated: May 29, 2020
by Jared Paben

CalRecycle staff said their recommendation to raise payment rates was based on updated cost data submitted by e-scrap collectors and processors, as well as other factors. | DAMRONG RATTANAPONG/Shutterstock

Citing difficult market conditions and rising costs for the industry, California officials will greatly increase the rates they pay e-scrap firms to collect and recycle electronics.

Posted in Top stories | Tagged California, EPR/Stewardship, markets, regulation/oversight |

Market competition advocacy group backs right to repair

Published: May 21, 2020
Updated: May 22, 2020
by Jared Paben

The Open Markets Institute recently called on the federal government to ensure consumers have the parts, tools, information and software necessary to repair their products. | Diana Memetova/Shutterstock

A Washington, D.C.-based think tank has joined stakeholders calling for regulators to use antitrust powers to bolster the independent electronics repair industry.

Posted in News | Tagged refurbishment/reuse, regulation/oversight |

Electronics recycling ‘essential’ during pandemic

Published: April 9, 2020
Updated: April 9, 2020
by Colin Staub

The electronics recovery business is escaping widespread regulations that are closing companies in other fields. | Mikhail Starodubov/Shutterstock

E-scrap and ITAD operations are largely falling into the category of essential services amid the coronavirus pandemic. Although that doesn’t mean smooth sailing, it allows recycling facilities to stay open alongside other critical industries.

Posted in Top stories | Tagged regulation/oversight |