Closing the Loop - Business to business service Organization in 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
Investment in communities
annually
Target annual collection
2030
Years of experience
Clients
Countries
Devices
Environmental Impact
UN SDG Alignment
(4 Goals)Responsible Consumption and Production
Ensure sustainable consumption and production patterns
No Poverty
End poverty in all its forms everywhere
Decent Work and Economic Growth
Promote sustained, inclusive economic growth and employment
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
Comprehensive Sustainability Analysis
Overall Sustainability Score
Evidence-based assessment across multiple sustainability pillars
Environmental Impact
90Key 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
88Key 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
85Key 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
92Key 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 βZeroWasteβ
Hugo Warner's whitepaper collaboration with Closing the Loop
Related Reports
Download intelligence reports covering this organization's sector.
Emerging Sustainability Leaders: 70-80 Score Range
Sustainability Score Report
ESG Verified Organizations in Amsterdam
Sustainability Score Report
High-Impact Organizations: 80-90 Sustainability Score
Sustainability Score Report
Sustainability Improvement Opportunities: 50-70 Score
Sustainability Score Report