IPC International Community magazine an association member publication
Issue link: https://iconnect007.uberflip.com/i/1531444
IPC COMMUNITY 29 WINTER 2025 Government policy and regulation is just one element informing corporate approaches to sus- tainability. Instead, there is a broader range of key stakeholders: • Consumers/service suppliers: Increasingly align- ing their purchasing decisions with their values for a greener future. • Shareholders: Increasingly motivated by a combination of ethical, financial, and strategic drivers. Regulatory compliance and near-term profitability are just starting points: ° From an ethical standpoint, shareholders rec- ognize the need to align their investments with principles of responsible consumption and production. ° For long-term financial profitability, embrac- ing sustainable electronics enables suppliers to tap into new market segments and cater to the burgeoning demand from environmentally conscious consumers. ° Strategically, shareholders also recognize that visibly supporting sustainability enhances brand reputation and fosters innovation in product design and manufacturing. • Government/regulatory agencies: Driven by a pressing need to address the environmental and societal challenges posed by scarce resource access, e-waste, and the broader impact of electronics on the environment. From Linear to Circular Business Models and Technologies Circularity refers to an economic and production model that aims to minimize waste, optimize the use of resources, and promote the continual reuse, recy- cling, and regeneration of materials and products. This concept contrasts the traditional linear econ- omy, which follows a "take-make-dispose" pattern, leading to significant resource depletion, environ- mental degradation, and waste generation. Circularity involves the key principles of repair,