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Getting to Grips With Take-Back Laws
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Reference: ART-1892-E
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Number of pages: 7
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Geographic Setting: United States
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Publication Date: Mar 15, 2011
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Source: IESE (España)
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Type of Document: Article
Description
As diverse environmental legislation is being formulated around the world, companies may find themselves in a ¿gray zone,¿ as the authors explain in a new paper on the subject. This presents challenges but also opportunities for companies to clarify operations in four areas: forming a network, rethinking product design, setting up a closed-loop supply chain, and adopting new technologies and business models. The authors believe that individual producer responsibility, based on the share of electronic waste, or e-waste, each party generates for recycling, may bring the greatest long-term advantages. Even better would be to have incentives that extend product life cycles and prevent e-waste to begin with. But the onus is on companies to make this case with policy makers, which requires them to seize hold of the sustainability agenda.