Closing the Loop - Business to business service Organization in Amsterdam

πŸ“ Amsterdam, Netherlands Eco Score: 90
πŸ—‚οΈ Business to business service #e-waste reduction #circular economy #sustainable design #responsible recycling #community development #ethical sourcing #transparent reporting #corporate social responsibility #sustainable IT #zero waste #environmental sustainability #social impact #B-Corp #clean tech #circular services
http://closingtheloop.eu/ +31 20 752 6506 Rapenburgerstraat 173, 1011 VM Amsterdam

Location

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Organization Overview

Closing the Loop: Pioneering Circularity in the Tech Industry

Mission: To combat the global e-waste problem and promote responsible IT consumption by bridging the gap between sustainability and commercial success.

Vision: To achieve an annual collection of 20 million scrap devices by 2030, driving the transition towards a circular economy in the tech sector.

History: Closing the Loop was founded with the core purpose of addressing the growing issue of electronic waste. The organization has quickly gained recognition and established itself as a leader in the circular economy, as evidenced by its partnerships, awards, and media coverage.

Core Purpose: Closing the Loop's core purpose is to provide a tangible solution to e-waste through its innovative "One for One" service. This service ensures that for every new IT device added to the market, a corresponding scrap device is collected and recycled. This approach not only promotes environmental sustainability but also offers significant commercial benefits to businesses, including:

* Increased Competitive Advantage: Differentiating businesses through a positive and impactful initiative.

* Increased Sales: Meeting the growing consumer demand for sustainable products and services.

* Enhanced Customer Satisfaction: Providing customers with a greener and more responsible way to consume IT hardware.

* Building Customer and Brand Loyalty: Creating engaging content and unique stories around sustainability efforts.

* Generating Positive PR Exposure: Leveraging the media's interest in the One for One story and its results.

* Improving Investor Relations: Demonstrating a commitment to sustainability that goes beyond compliance.

Closing the Loop's impact is demonstrated through its partnerships with leading companies, its recognition through awards (including being shortlisted for the Social Enterprise Award at the World Sustainability Awards 2025 and winning the SPLC Leadership Award for Circular Economy), and its presence in the media. The organization is committed to driving the entire industry in a positive direction and making it easier for companies and the public sector to be more sustainable.

Impact & Sustainability Analysis

Comprehensive view of environmental impact and sustainable development

Impact Metrics

Environmental Impact

85 /100

UN SDG Alignment

(4 Goals)
12
Responsible Consumption and Production

Ensure sustainable consumption and production patterns

1
No Poverty

End poverty in all its forms everywhere

8
Decent Work and Economic Growth

Promote sustained, inclusive economic growth and employment

11
Sustainable Cities and Communities

Make cities and human settlements inclusive and sustainable

Sustainability Practices

One for One service

Creating collection networks in developing countries

Investing in waste collection networks

Offering materials to the material market for reuse

Environmental Initiatives

Responsible e-waste management

Collection and recycling of scrap phones

Urban mining

What They Do

1 / 1

Comprehensive Sustainability Analysis

Overall Sustainability Score

Evidence-based assessment across multiple sustainability pillars

90 /100
Excellent

Environmental Impact

90

Key Achievements:

Closing the Loop focuses on e-waste collection and recycling, directly addressing environmental concerns related to electronic waste.

The 'One for One' program ensures that for every new device sold, a device is collected and recycled, mitigating environmental impact.

Closing the Loop's work contributes to a zero-waste approach in the electronics industry.

Social Impact

88

Key Achievements:

Closing the Loop's collection networks provide additional income for waste collectors, particularly in developing countries.

The company's work supports SDG12 (Responsible e-waste management).

Closing the Loop was shortlisted for the Social Enterprise Award at World Sustainability Awards 2025, highlighting its social impact.

Governance

85

Key Achievements:

Closing the Loop's operations are auditable and traceable, using tools like 'Chainpoint' for supply chain monitoring.

The company partners with TCO Development and follows their guidelines for waste compensation, ensuring operational safety and adherence to standards.

KPMG provides an assurance report on Closing the Loop's operations, indicating a commitment to transparency and accountability.

Innovation

92

Key Achievements:

Closing the Loop's 'One for One' model is an innovative approach to address the e-waste problem.

The company partners with other organizations to drive innovation and commercial value.

Closing the Loop was shortlisted for the Social Enterprise Award at World Sustainability Awards 2025, recognizing its innovative approach.

Partnerships & Network

Key Partners

ilionx

Partnership

Vodafone

Client

Gigaset

Client

Paessler

Client

APG

Client

T-Mobile

Client

Dustin

Client

KPMG NL

Client

Dutch Central Government

Client

Rabobank

Client

Hugo Warner

Collaboration

Radboud Universiteit

Partnership

Dustin

Partnership

Collaborations

Closing the Loop and ilionx partnership for β€˜ZeroWaste’

Hugo Warner's whitepaper collaboration with Closing the Loop

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