Breaking the cycle on International E-Waste Day – AXA Investment Managers

E-waste is the fastest growing stream in the world, with 53 million tonnes are produced each year. Investors can help by allocating capital to firms championing recycling and repair.

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... We live in an increasingly disposable society. Consumers have become used to fast fashion, fast food, all available at the click of a button, 24 hours a day. This phenomenon is also valid for smartphones. Every year, a new iPhone is launched, and many people are queuing to buy a new one while their old device is still working. While this can be a promising source of cross-sector growth, it’s important to consider the ethics of a throwaway consumer mindset and consider the cost of the rising damage and resource loss should this remain unchecked. But what can consumers and investors do to help?

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