Arrow Electronics Inc. (NYSE: ARW) and the Basel Action Network (BAN) announced a three-year agreement to certify all of Arrow’s electronics recycling and IT asset recovery operations worldwide to the e-Stewards® standard, leading the program not only across North America but also into Europe and Latin America. Arrow will be the first global e-Stewards recycler taking the program to all of its facilities in multiple continents. “Arrow’s value recovery business is committed to maintaining the highest standards of environmental and social responsibility while contributing to the best practices of the industry on a global basis,” said Scott Venhaus, Arrow’s director of quality and compliance. The certification covers nine processing facilities in the United States, six in Europe and one in Brazil. Arrow has chosen to pursue e-Stewards® certification as part of its global compliance program for value recovery that incorporates the best practices of today’s leading industry standards, while creating a flexible platform to focus on the challenges of tomorrow. “Working with e-Stewards at our new Brazil facility is an exciting opportunity to jointly pilot the geographic expansion of e-Stewards into Latin America,” Venhaus said. Arrow’s value recovery business provides specialized management of reverse material streams, IT asset recovery and remarketing services that enable technology users to uncover opportunities for greater efficiencies and value capture at the end of the IT product lifecycle. Drawing from its industry leadership, it is anticipated that Arrow will support BAN and e-Stewards in an advisory capacity in the coming years. e-Stewards is a globally accredited, third-party audited certification program developed by BAN with industry leaders. BAN first exposed e-waste dumping in developing countries and has led a campaign to prevent irresponsible dumping of hazardous electronic wastes in developing countries. BAN’s research has been featured in CBS’s “60 Minutes” and “Frontline,” the New York Times and other news outlets.
The e-Stewards certification is a primary tool in that campaign and is supported by over 70 environmental organizations worldwide and already by over 50 major corporations and cities including Wells Fargo Bank, Alcoa, Boeing, Bank of America, San Francisco, LG, Samsung, and Bloomberg, known as e-Stewards Enterprises. The e-Stewards standard assures customers that no hazardous electronic waste will be exported to developing countries or end up in municipal landfills or incinerators or be processed using prison, child or forced labor. It also stands as a global model for the protection of confidential data housed in electronic equipment.“We are very proud to partner with such a quality industry player as Arrow and are thrilled to accept its offer to pilot our program not only over North America but in Europe, Latin America and beyond,” said Jim Puckett, executive director of BAN. “Arrow joins a select group of electronics recyclers that believe that leaders must lead, not just comply. They are in business not only to make a profit but to make a difference.” For more information about Arrow’s value recovery business, visit www.arrowvaluerecovery.com. About e-Stewards® Certification The e-Stewards® Initiative is a market-based solution to help individuals and organizations identify and promote those electronics recyclers that ensure that used electronics are managed with the highest standards of environmental and social responsibility. e-Stewards Certified Recyclers are audited and certified to ensure highest levels of responsibility and e-Stewards Enterprises are major corporations, municipalities or institutions that agree to make best efforts to make use of e-Stewards Certified Recyclers. For more information about the e-Stewards Initiative visit: www.e-Stewards.org. About Basel Action Network Founded in 1997, the Basel Action Network is a 501(c)3 charitable organization of the United States, based in Seattle, WA. BAN is the world's only organization focused on confronting the global environmental justice and economic inefficiency of toxic trade and its devastating impacts. Today BAN serves as the information clearinghouse on the subject of waste trade for journalists, academics, and the general public. Through its investigations, BAN uncovered the tragedy of hazardous electronic waste dumping in developing countries. For more information, see www.BAN.org. About Arrow Electronics Arrow Electronics ( www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 470 locations in 55 countries.