Five of Canada's banks kick off sustainable efforts to recycle and raise
awareness about e-waste
TORONTO, April 17, 2013 /CNW/ - Five Canadian banks, BMO, CIBC, RBC,
Scotiabank and TD, are working together to raise awareness about the
environmental impacts of electronic waste, commonly referred to as
e-waste. The banks will be hosting an e-waste recycling event in the
Toronto financial district on April 18-19, 2013 from 7:30AM - 3:30PM,
at the southeast corner of Bay Street and King Street West.
The event will provide an excellent opportunity for people working in
and around the financial district to bring in personal electronic waste
items from home for responsible disposal and to learn more about the
environmental impacts of e-waste globally. Electronic items such as
computer components (hard drives, monitors, scanners, keyboards,
printers, etc.), home electronics (TVs, radios, CD and DVD players,
etc.) and small home and office appliances are all acceptable materials
for electronic recycling. For guidance on acceptable items please see: Ontario Electronic Stewardship - Accepted Electronics.
The United Nations considers e-waste as one of the fastest growing waste
streams in the world with an estimated 45 million tonnes of e-waste
generated each year globally. Annual e-waste volumes are increasing by
a staggering 40 percent worldwide due to increasing demand for consumer
electronics products and the drop in lifespan for products such as
computers and mobile phones.
Many electronic devices contain toxic and hazardous materials like lead,
cadmium and mercury. If e-waste is simply disposed of in landfills,
hazardous materials could contaminate soil, water and air as well as
create potential health risks. There is also an ethical responsibility
to ensure e-waste is not shipped to other countries with limited
environmental, health and safety standards.
The banks have partnered with Geep (Global Electric Electronic Processing) to ensure all items collected
at the event are recycled with emphasis on the responsible disposal of
any hazardous materials. Geep's state-of-the-art recycling plants
transform e-waste into valuable commodities by running it through
refining equipment that breaks down and separates metals, plastics, and
other materials. Geep has a "no export" policy, which means e-waste is
not shipped overseas for dismantling or disposal.
"Geep is very excited to be participating in this event - especially as
a partner with Canada's largest banks. The priority placed on
responsible recycling of e-waste by these companies is exceptional.
Their commitment to this event and raising public awareness is a great
contribution to Canada, and to the world in demonstrating environmental
conscientiousness", said Jeff Jermyn, Geep - President.
Geep (Global Electric Electronic Processing) is a global leader in the
electronic asset management and end-of-life electronics recycling. Geep
is committed to enabling safe and secure reuse of electronics through
complete and permanent data erasure, recovery of natural resources from
obsolete electronics, and safe and responsible recycling of electronics
to divert waste from landfill. Geep has locations across Canada, in the
United States, Mexico, Central America, South America and Europe. Geep
is part of the Giampaolo Group of Companies.
To learn more about the five Canadian banks participating in this event,
please visit the websites below.
SOURCE: Global Electric Electronic Processing Inc. (Geep)
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