Alchemy

We’re proud winners of the 2024 Deloitte Fast 50 “Growing New Technology” award, sponsored by Google.   What a major milestone in our mission to revolutionize circular tech and recognition of our contribution to a greener future.   We’ve given new life to over 7 million devices and cut 424 million kilograms of CO₂ emissions - driving sustainable change across 60 global markets.   And that’s not all! We’ve secured the 32nd spot in the Deloitte Technology Fast 50 for Ireland, highlighting our rapid expansion as one of the country’s fastest-growing companies.   Thanks to all our partners, clients, customers and people that help make it happen.

Vojtech Vosecky makes an excellent point: We can’t just recycle our way out of the e-waste crisis. The circular economy is about much more than waste management. It's about creating infinite utility for products before the end of their usage cycle.   How can big business go circular? 👉 Design with reusability in mind, not just disposability 👉 Implement trade-in programs that maximize the life cycle of tech   Sustainability is not just a buzzword – it's a responsibility.

Circularity is not just a fad; it’s a real solution to a real problem.   This is why we seek the best talent from around the globe to make it happen, like Nandhu Jayakumar, our talented Junior Accountant for APAC based in Melbourne.   Nandhu first joined Alchemy as an intern in 2021 and returned last summer, witnessing our growth and evolution firsthand.   Discover what Nandhu loves most about being part of the Alchemy team 👇

Do you know what a difference your business can make by buying refurbished tech? One refurbished smartphone can save 64kg of CO2 emissions and conserve 244kg of raw materials. Imagine the impact if you provided your whole workforce with refurbished tech over new.  Now's the time to incorporate device trade-ins and make eco-friendly choices that align with your ESG goals. Plus, if you buy your business tech from us, we’ll certify the CO2 savings, affirming your commitment to a greener tomorrow.

The EU has set bold targets: by 2040, the combination of existing and currently planned policies, aim to cut emissions to 60% below 1990 levels.   Enter Jessica Roswal, the new Commissioner for Circular Economy. Her appointment marks a significant shift from the traditional focus on waste management towards a sustainable future, impacting everything from product design to recycling.

The circular tech economy isn't just a trend - it's the future of more sustainable business. But here's the catch: truly embracing it often means starting from scratch.   We know redesigning products to make them reusable is a big investment. But we believe it's worth it. Not least because it drives innovation, cuts costs, and opens new markets.   OEMs should begin by thinking about their product's entire lifecycle: 👉 Birth: Use sustainable, recycled materials  👉 Life: Design for durability and easy repairs  👉 Rebirth: Ensure it can be recycled or remarket for reuse To get this right, collaboration is key. Working with suppliers to source eco-friendly materials and engaging consumers about responsible consumption is crucial.   So, if circularity isn't on your agenda yet, now's the time to make the change.

“Today’s scrap is tomorrow’s raw material.” - BMW Group   For 30 years, BMW Group’s Recycling and Dismantling Centre (RDC) in Munich has been developing and testing processes to advance parts recycling and collect reusable materials. BMW's meticulous recovery process, from neutralising airbags to extracting high-value metals, reveals waste's hidden potential - mirroring the tech industry's goal of refurbishing old devices into valuable tech.   BMW is helping pave the way for a smart circular economy, and we're all in.

Demand for electronics is set to skyrocket due to digital and net-zero transformations. Yet, e-waste is the fastest-growing waste category, with only 17% recycled last year. The rest pollutes landfills, causing severe environmental and health issues.   Effective circular electronics trade is crucial to boost refurbishment, remanufacturing, and recycling, preventing e-waste mismanagement. Global collaboration on lifecycle extension and end-of-life treatment is key for environmental sustainability and a #CircularEconomy.   Five thought leaders from the World Economic Forum's Circular Trade Community shared their insights on how trade and investment can drive circular tech.

Sometimes, it's the small, intentional steps that pave the path for lasting impact. Research highlights an important truth: Internal changes in your team are more effective than external policies for adopting circular economy principles. To successfully make the shift, remember to: 👉 Foster a culture where everyone's committed to greener goals  👉 Integrate circular economy principles into every facet of your operations  👉 Anticipate potential challenges and create strategies to mitigate them  👉 Innovate in manufacturing by partnering with suppliers of durable materials For a sustainable future of tech, we all need to be a part of the change we want to see.

At Alchemy, our power is in our people. Alchemists around the world, united by a shared vision and driving change beyond devices. This Halloween, our teams from Ireland to the US came together, showing that no matter the distance, we remain connected and committed. We're one team with one goal - to bring efficient circularity to the technology market.