Renewable Energy (Green) Risk - Consider How eWaste Regulations and Changes Will Impact You

By strategically reviewing the questions below, youWhether these type situations are part of your ERM,
can prepare to save money and reduce your ewasterisk management, contingency planning, budgeting, or
- reducing an enterprise risk management risk whilestrategic planning process; consider looking at these
obtaining the public relations and brand building valuestrategic questions that the green world will bring to
demonstrating your renewable energy credentials.the industries in these consumer electronics supply
Present US regulations encourage business to ship oldchains.
or put of date consumer products like computers andWhat level do you project the new ewaste taxes to
televisions to non OSHA countries for recycling.increase to for the product you are part of the
Newer regulations classify some of these formerlysupply chain for?
complaint components as ewaste, when they areDepending upon your industry, how dramatic an
recycled or disposed of in the future.increase do you anticipate for your portion of that
A fuller definition from Wikipedia is that ewaste isend product?
also described as electronic waste, e-waste, e-scrap,Depending upon your industry, what reputation risk
or Waste Electrical and Electronic Equipment (WEEE):will your brand be exposed to when information on
a loose category of surplus, obsolete, broken, oryour level of ewaste becomes transparent to green
discarded electrical or electronic devices. Theadvocates?
processing of electronic waste in developing countriesHow can you re-engineer your manufacturing process
causes serious health and pollution problems due toto less hazardous materials at limited net cost
lack of containment, as do unprotected land fillingincrease, possibly a targeted no net cost increase, or
(due to leaching) and incineration.on a longer term basis to an even lower cost?
In the short term, electronics devices, particularlyHow can you do this in a way to create a carbon
computers, are being rapidly upgraded to decreasecredit or reduce the carbon tax you will be charged
energy consumptions and benefit from newerunder proposed cap and trade tax proposals?
technologies. Future regulations appear likely toWhat are the potential financial benefits from this
require that either the manufacturer or the retailerprocess?
will be charged a tax collected at sale to pay forAdd the steps which this process has triggered for
recycling these devices when they are disposed of atyour situation.
some future date. Depending on how the tax is tiredWith these notes in hand:
and how significant the tax rate, this can make aWhat is the first action you will take?
major impact on how much of this tax can beWhen will you start the process?
passed on to the consumer.How soon will the process be completed?
Some companies will see this as an opportunity toHow will you manage the process?
get in front of the curve, rather than beingHow will you know you have succeeded?
supposedly blindside when the regulations are finalized.