Closing the Loop has provided around 4000 people with extra income, in developing countries and saved over 50 tons of electronic waste – some two million phones – ‘from the garbage dump’. They have helped clients such as Fairphone, ING, KPMG, Schiphol and the municipality of Amsterdam to make their telecoms policy more sustainable.
CTL wants to make the telecom industry waste-free. It believes emerging markets offer the biggest chance of success and highest (social) return on investment, when it comes to circular business. That’s why it invests in local collection and recycling in countries such as Ghana, which will also lead to more availability of urban mined materials. And as far as CTL is concerned, urban mining is the circular future.