I love success stories that show how you can profit from work that does good deeds, whether at the core or as a side-effect of the main mission. If altruism doesn’t motivate, and fear of death isn’t in-your-face enough to cut down on pollution, then greed certainly does the trick.
Earlier this week, I met with the founder and CEO of one such venture that mixes business with the pleasure of helping people. RetroBox has been helping companies recycle and refurbish their tech gadgets since 1996. Its affable CEO and founder Stampp W. Corbin talked until his voice was hoarse. He expects $24 million in revenue for 2005.
“Profitable sustainability has really caught on in corporate,” he said. He’s got clients in 100 of the Fortune 500 companies. Most are terrified about data leaking from old hard drives, printers, and so on.
“E-waste is a term that is all-encompassing. Most of it can be reused,” he said, explaining that 99% of today’s electronics can be recycled. Even the plastic can get turned into playground padding, for example. The bad news? Most products are tossed away or languish in attics, basements, or alleys. And poisons like mercury still exist, even if they're
Corbin pointed out that there are 60 e-waste bills in 40 states. “The legislation really does drive people,” he said. “But who wants 50 different laws?” He’s lobbying with the eWaste Working Group for a federal law that would give people and businesses a tax credit for properly disposing of their junk tech.
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