Through the Sprint Buyback Program, Sprint has awarded customers more than $50 million in trade-in credit for returning their used devices to the carrier just this year. This is a significant benefit to customers as the cost of mobile devices continues to climb and a benefit to wireless providers like Sprint looking for ways to reduce the effects of e-waste and drive cost efficiencies. Since 2010, recycling and reuse programs have avoided approximately $1 billion in cost to Sprint. Sprint’s Buyback Program was also recently named the best buyback program in the wireless industry by Compass Intelligence 1.“We’ve seen tremendous benefit from partnering with the EPA to advance environmental responsibility and the safe management of electronic,” said Ralph Reid, Sprint vice president-Corporate Responsibility. “With 1 billion wireless phones being produced in our industry every year we have a responsibility to ensure we are mitigating environmental impact. This voluntary, collaborative approach with the EPA, which recognizes corporations for leadership, innovation, and education and outreach, represents an ideal model for driving positive change.” Sprint is the only U.S. wireless carrier to outline specific commitments that address e-waste holistically by focusing on the full lifecycle of the electronics it buys and sells. Through its Electronics Stewardship Policy, Sprint developed the following commitments with input from BSR, Basel Action Network and ABI Research:
- Design and procure more eco-friendly electronics.
- Strive to maximize the equipment’s useful life, boost collection of equipment, and maximize reuse of electronics.
- Responsibly recycle electronic scrap, and use environmentally and socially responsible vendors for recycling.