Latest Edition Showcases Energy Efficiency Gains, Leadership Diversity, Community Impact, and Continuous Carbon Calculator Innovation
ONALASKA, WIS. (October 28, 2024) – Dynamic Lifecycle Innovations, Inc. recently announced the release of its 2023 Environmental, Social, and Governance (ESG) report at the E-Scrap Conference in Orlando, Fla. This second annual edition was published as part of the company’s ongoing commitment to transparency and accountability to its customers, team members, and partners on its ESG approach and performance.
Dynamic’s ESG report, based on the widely accepted Sustainability Accounting Standards Board (SASB) standards and Task Force on Climate-related Financial Disclosures (TCFD) framework, dives deeply into every aspect of the company’s ESG priorities and practices. This latest edition highlights the company’s progress over the past year, including:
- Ongoing reduction in fossil fuel use through energy efficiency measures like transitioning to LED lighting, while pursuing renewable energy sources such as solar power and biofuels.
- Continued innovation in our web-based carbon calculator, which helped customers report an estimated 46,009 metric tons of avoided scope 3 greenhouse gas (GHG) emissions in 2023.
- Building and cultivating a high-quality workforce, with strong leadership from women in executive and director roles, dedicated to protecting the planet and customer interests
- Strengthening community involvement through collection events, volunteering, fundraising, and other engagement initiatives where we live and work.
“We’re excited to share the progress we’ve made over the past year, while maintaining focus on the long-term nature of our ESG strategy, which we see as a marathon, not a sprint,” says Miles Harter, Dynamic Lifecycle Innovations CEO. “Our ongoing commitment to energy efficiency, diversity, and community impact reflects this approach and ties directly to our purpose of protecting the planet and our customers’ interests by giving electronics their next best life.”
The 2023 report reinforces Dynamic’s forward-thinking commitment to advancing ESG initiatives with its 2024 goals:
- Conduct a feasibility study for a carbon offset / inset project
- Explore a supplier diversity program
- Continue development of the ESG Strategy Team with representation from business units across the company, empowering members to identify ways to become more sustainable
- Complete an energy efficiency evaluation, including an assessment of a solar panel project and funding sources
- Deploy ESG employee engagement initiatives, especially those involving our Sustainability Committee
Curt Greeno, president of Dynamic Lifecycle Innovations, added, “Our 2024 ESG goals represent continued progress in adopting best practices at Dynamic, and in adapting to our customers’ evolving ESG priorities. By continually innovating our carbon calculator and studying carbon offset and inset feasibility, we’re taking crucial next steps in supporting our customers’ scope 3 GHG emissions reduction strategies.”
The Dynamic carbon calculator simplifies and adds certainty to the task of estimating potential scope 3 emissions avoided through its ITAD and e-waste 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 35 categories of e-waste, comprising both whole units and component parts. The Dynamic calculator automatically tracks actual material as it’s received and processed, refreshed daily to ensure the most up-to-date calculations, available via the customer portal. The net output is real-time reporting of potentially avoided scope 3 emissions, which customers can view as graphic representations of potentially avoided emissions by time period, commodity type, processing type, and raw material outputs.
The Dynamic carbon calculator is based on the widely accepted UN Clean Development Mechanism (CDM) e-waste recycling methodology and the Greenhouse Gas (GHG) Protocol Framework. Its methodology has also been third-party validated by Morningstar Sustainalytics, for even greater assurance of precise, high-quality data outputs for ESG reporting.
To view Dynamic’s 2023 ESG report, request a carbon calculator demo, or find more information on electronics and materials lifecycle management strategies, visit the Dynamic Lifecycle Innovations Web site at ThinkDynamic.com.
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About Dynamic Lifecycle Innovations
Dynamic Lifecycle Innovations is a full-service electronics and materials lifecycle management corporation providing solutions for IT asset disposition, electronics recycling, legislative compliance, data security, product refurbishment, remarketing and resale, materials recovery, and logistics with locations in Onalaska, Wis. and Nashville, Tenn. The company creates customized service packages designed to safeguard its customers’ sensitive data and protect the environment from e-waste and other pollutants. Since its inception in 2007, Dynamic has become an industry leader by constantly refining its services and processes with new insights in materials lifecycle management.
Dynamic Lifecycle Innovations strives to foster authentic, meaningful relationships with clients, maximize their value recovery, ensure their assets and data are properly disposed of, and deliver the security they need to know the job is done right. Dynamic’s goal is to create an exceptional experience with every customer interaction and deliver top-quality services with passion, integrity, transparency, and environmental responsibility. For more information about Dynamic Lifecycle Innovations, visit the company’s Web site at ThinkDynamic.com.