“Restore” is our first step in waste diversion: restoring electronics that can be fixed, maintained or upgraded in hardware and software systems. We’re proud of our practice to repair and reuse electronic equipment, immediately extending the useful life of the hardware in which we thoughtfully invest.
When a machine can no longer perform to the operating standards Newrez requires, it moves to the “repurpose” phase. When restore is not an option, our Technology and Facilities teams partner with Community Investment to find appropriate nonprofit partners or schools that will make use of the equipment.
As a last and final resort, Newrez contracts with e-waste disposal vendors certified under the Environmental Protection Agency’s Responsible Recycling (or “R2”) standards. These vendors ensure equipment, which often contain toxic metals that pose risk to human and animal health, is disposed of properly.
We encourage all companies and consumers to consider their environmental impact when purchasing and disposing of electronics.
