AFR / BCG names Greenbox as Leader

1 August 2023 by greenbox
  • The Australian Financial Review announces selection of the most promising Sustainability Leaders, companies that are making a positive contribution to society and the environment while creating value for stakeholders.
  • Greenbox, a 100% carbon neutral IT asset lifecycle management company, is among the finalists.
  • The full list of 2023 Sustainability Leaders can be viewed here.

Greenbox Group, APAC’s leading technology asset lifecycle management company, has been named as one of The Financial Review’s “Sustainability Leaders”. Greenbox provides customers a carbon-neutral supply chain for IT equipment to reduce their carbon footprint by actively managing their environmental, social and governance obligations, and in so doing, improving their employee value proposition.

The Australian Financial Review Sustainability Leaders List, compiled in association with Boston Consulting Group, celebrates organisations that invest in sustainable innovations that generate environmental and social benefits alongside business outcomes.

Greenbox’s circular economy practices have prevented more than 66 million kilograms of CO2 from being emitted into the atmosphere and prevented more than 121,000 kilograms of toxic materials from leaching into landfills. The business is uniquely positioned to offer its customers with full cradle to grave technology lifecycle solutions. From initial asset deployments of new technologies through to end-of-life refurbishment, reuse and recycling of these assets, all of the services that Greenbox provides are certified carbon neutral.

“It’s great to be acknowledged as a Sustainability Leader by The Australian Financial Review and BCG,” said Ross Thompson, CEO of Greenbox Group. “We will continue to invest in best practice initiatives to help our customers stay on the front foot from an environmental and social impact perspective, particularly in managing scope 3 emissions impact. We have significant global growth ambitions over the next few years which includes transferring the knowledge we have gained to new regions.”

Greenbox has increased both its headcount and its revenue significantly over the last 12 months. and is forecasting similar momentum in FY24. We have five facilities operating throughout Australia and New Zealand with customers spanning corporate, government, and tertiary institutions around the world.

“We are urging Australian government to mandate a floor of 10 per cent circular products as part of large new technology purchases and refreshes to keep pace with global best practice,” said Viraj Meena, CRO of Greenbox Group.

The company supports the Moombidary Forest Regeneration Project which provides local employment opportunities in addition to helping Traditional Custodians regain a connection to country. It has 20 ISO certifications, R2v3 certifications via Sustainable Electronics Recycling International across all its high security facilities, and it is 100% carbon neutral certified by Climate Active.

“This year’s list emphasises the maturing of ESG focused enablers and ecosystems,” said Rebecca Russell, climate and sustainability practice leader at Boston Consulting Group ANZ. “Also evident was a deliberate focus on shaping the value chains that organisations will rely on to achieve their sustainability ambitions.”

Greenbox was shortlisted alongside Telstra, Avarni, FLINTpro and GroupM in the Sustainability Leaders Technology, Media & Telecommunications cohort. See the list here.

About Greenbox

Greenbox supports leading Australian organisations to manage their IT assets over the full lifecycle, from sourcing and installation, through to data sanitisation and disposal. Today’s big data comes with big responsibilities, and Greenbox is trusted by Australia’s biggest and best. We take full responsibility for IT asset management and data security, so you gain maximum benefit from the latest technology, with minimum impact.

Greenbox makes the process seamless, secure and sustainable: ensuring business continuity, while meeting all responsibilities for risk, accountability, governance, the environment and community. Put simply, we manage the technology lifecycle with minimal disruption, risk and waste, and maximum efficiencies.

In 2022, Greenbox became the first and only IT Asset Lifecycle Services organisation in Australia to become 100% carbon neutral across all its operations, certified by Climate Active, an Australian Government Department of Climate Change, Energy, the Environment and Water initiative.