Closing the Loop has provided around 3000 people with extra income in developing countries and saved over 2.3 million phones ‘from the garbage dump’. This implies 68 Kg of gold, many other metals, and 1300 ton of CO2 emissions saved.
Closing the Loop wants to make the telecom industry waste-free. It has helped clients such as Fairphone, ING, KPMG, Schiphol and municipalities and provinces to make their telecoms policy more sustainable.
Closing the Loop believes emerging markets offer the biggest chance of success and highest (social) return on investment when it comes to circular business. That is why it invests in local collection and recycling in countries such as Ghana, which will also lead to more availability of urban mined materials. As far as Closing the Loop is concerned, urban mining is the circular future.