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Schedule: Lifecycle

Effective Date: 1st October 2023

1. Service Description

Asset Lifecycle Management is our service for retiring your old IT hardware securely and sustainably. We collect, wipe, and resell or recycle your equipment.


2. The Process

  1. Collection: We pick up your hardware using secure, GPS-tracked logistics.
  2. Audit: We scan every serial number and assess the condition.
  3. Sanitisation: We wipe data using DoD 5220.22-M standards.
  4. Resale/Recycle: We sell what has value and recycle what doesn't.
  5. Reporting: You get a Certificate of Destruction and a settlement report.

3. Data Security

3.1. Wiping: All storage media (HDDs, SSDs) are wiped. If a drive fails wiping, it is physically shredded.

3.2. Chain of Custody: We maintain a strict chain of custody from your loading dock to our facility.

3.3. Liability: We carry professional indemnity insurance for data breaches, but our primary defense is our rigorous process.


4. Financials

4.1. Profit Share: If your hardware has resale value, we share the profit with you.

  • Revenue: Gross sales price.
  • Costs: Logistics, processing, and wiping fees.
  • Split: We split the net profit (typically 70/30 or 60/40 depending on volume).

4.2. Costs: If the equipment is junk (e.g., broken printers, CRT monitors), we charge a disposal fee to cover responsible recycling.


5. Environmental

5.1. Zero Landfill: We have a strict zero-landfill policy.

5.2. R2 Certification: Our downstream recycling partners are R2 (Responsible Recycling) certified.

5.3. ESG: We provide data on weight diverted from landfill and CO2 savings for your ESG reporting.