Page 24 - CIJ Dec 2023 - Digital Edition
P. 24

Cover Story






                                                 EPR principles have also    emphasising the use of recycled
                                               led to adjustments in supply   materials and enhancing product
                                               chain management, ensuring    recyclability to minimise waste.
                                               responsible sourcing and
             Extended Producer                 partnerships with entities that   Balancing Financial
             Responsibility (EPR)              support effective disposal and
             is revolutionising                recycling. Engaging consumers   Impacts & Innovation
             electronics                       through awareness campaigns     While the financial
             manufacturing,                    and incentive programs is key to   implications of EPR practices
             compelling companies              the success of these initiatives.  are significant, GM Modular
                                                                             strives to balance these
             to consider the entire              Adopting EPR practices aids   costs with maintaining
             lifecycle of their products”      GM Modular in its transition   profitability and market
                                               towards a circular economy,   competitiveness. EPR has also
                                                                             been a catalyst for innovation,
                                                                             leading to the development
                                                                             of modular, repairable
                                                                             products, the adoption of
                                                                             sustainable materials, and the
                                                                             implementation of advanced
                                                                             recycling systems.


                                                                             Collaborative Efforts &
                                                                             Future Prospects
                                                                               Collaboration with recycling
                                                                             and waste management
                                                                             companies is essential for
                                                                             GM Modular’s responsible
                                                                             e-waste handling. As the
                                                                             company looks to the future,
                                                                             it anticipates changes in EPR
                                                                             policies, including stricter
                                                                             regulations and an expanded
                                                                             scope of producer responsibility.
                                                                             These changes are expected to
                                                                             further influence the company’s
                                                                             sustainability practices.
                                                                               The integration of Extended
                                                                             Producer Responsibility (EPR)
                                                                             in electronics manufacturing
                                                                             marks a significant shift towards
                                                                             sustainability. Emphasising
                                                                             innovative designs, responsible
                                                                             waste management, and
                                                                             consumer engagement, the
                                                                             industry is moving towards a
                                                                             circular economy, balancing
                                                                             environmental stewardship with
                                                                             market competitiveness.






               DECEMBER 2023•Clean India Journal
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