Closed Loop Partners becomes an e-Stewards Enterprise

New York-based Closed Loop Partners, an investment organization for promoting the circular economy, has become the latest e-Stewards Enterprise partner, agreeing to make its best effort to use e-Stewards certified electronics recyclers in projects and programs. Closed Loop Partners is supported by many of the world’s largest consumer goods companies, including Amazon, Coca-Cola, Colgate Palmolive, Danone, Johnson & Johnson, Keurig Dr. Pepper, Nestlé Waters North America, PepsiCo, Procter & Gamble, Starbucks, Unilever and 3M.  

"Closed Loop Partners is pleased to join forces with e-Stewards to maximize ethical recycling in the Information Age," says Ron Gonen, CEO and co-founder of Closed Loop Partners. "Together we aim to close the sad chapter of e-waste dumping and write the next chapter of re-use and innovation."

E-Stewards certified recyclers promote ethical and responsible waste management under the controls of the Basel Convention, which is designed to prevent the export and exploitation of peoples and the environment in developing countries from global waste flows.

"We are thrilled to partner with the shakers and movers of the circular economy," says Jim Puckett, founder and executive director of Basel Action Network (BAN), Seattle, the creator of e-Stewards. "Cycling and recycling is essential, but Closed Loop Partners understands that such cycling has to be done ethically and without harm to our natural capital or those in weaker economies."

One of Closed Loop Partners' portfolio companies, Curb My Clutter, an app-based home collection program for unwanted electronics, makes exclusive use of e-Stewards certified recyclers. Other partners in the e-Stewards Enterprise program making preferential use of e-Stewards include Samsung, Sony, Wells Fargo Bank, Bank of America, Alcoa, Boeing, LG, Bloomberg and Iron Mountain.