Business

Global E-Waste Generation Outpacing Recycling Efforts: Insights from Shashi Shekhar, Founder of Foxx Compliance Services Private Limited

Apr 22, 2024

SRV Media
New Delhi [India], April 22: In the digital age, electronic devices have become an integral part of our lives, from smartphones and laptops to household appliances and entertainment systems. However, with the rapid pace of technological advancements comes a growing concern: electronic waste, or e-waste. According to recent findings by Shashi Shekhar, Founder of Foxx Compliance Services Private Limited, the rate at which e-waste is generated globally is outpacing recycling efforts by a staggering fivefold.
E-waste encompasses discarded electronic devices and components, ranging from mobile phones and computers to televisions and refrigerators. As consumers upgrade to newer models at an ever-increasing rate, the volume of e-waste continues to escalate, posing significant environmental and health hazards if not managed properly.

Shashi Shekhar, a leading expert in environmental compliance and sustainability, emphasizes the urgent need for enhanced recycling practices and regulations to address the mounting e-waste crisis. He underscores the importance of adopting a circular economy approach, where electronic products are designed, produced, and disposed of in a manner that minimizes waste and maximizes resource efficiency.
One of the key challenges highlighted by Shekhar is the lack of comprehensive e-waste management infrastructure in many parts of the world. Developing countries, in particular, often struggle with inadequate recycling facilities and regulatory frameworks, leading to improper disposal practices such as landfilling and informal recycling methods that endanger both the environment and human health.
To tackle this issue, Shekhar advocates for collaborative efforts involving governments, businesses, and civil society organizations to establish robust e-waste management systems. This includes implementing extended producer responsibility (EPR) schemes, where manufacturers are held accountable for the end-of-life disposal of their products, as well as promoting public awareness and education on the importance of responsible e-waste recycling.

Furthermore, Shekhar emphasizes the potential economic benefits of e-waste recycling, citing opportunities for job creation, resource recovery, and the development of secondary markets for recycled materials. By incentivizing the recycling industry and fostering innovation in waste management technologies, Shekhar believes that e-waste can be transformed from a looming crisis into a valuable resource stream.
In conclusion, the findings presented by Shashi Shekhar underscore the urgent need for concerted action to address the escalating challenge of global e-waste generation. By prioritizing sustainable practices, investing in infrastructure, and fostering collaboration across sectors, we can mitigate the environmental and social impacts of e-waste while unlocking its potential for a more circular and resource-efficient economy.
For more information, please visit - https://foxxinternational.com/
* https://aninews.in/news/business/business/foxx-compliance-services-p-ltd-initiated-the-collection-channelization-and-recycling-of-e-waste-in-eastern-up-on-the-governments-approval20240216103053/
* https://www.business-standard.com/content/press-releases-ani/foxx-compliance-services-p-ltd-initiated-the-collection-channelization-and-recycling-of-e-waste-in-eastern-up-on-the-government-s-approval-124021600400_1.html
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