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SCC partners with finance companies in new tech as-a-service solution

 IT services company SCC, its sister company Rigby Capital and Lombard, the asset finance arm of NatWest Group, are collaborating on a new as-a-service solution that aims to prevent over a million electronic devices, including company mobile phones and laptops, from becoming landfill over the next five years.

With SCC committing to send zero waste to landfill, the end-to-end solution will enable businesses to invest in and install the hardware, software and services they need, with the flexibility of a single contract, and well-established routes to secondary markets for re-use and recycling at end of life. Simon Everidge, Managing Director of Rigby Capital, said: “IT asset finance is no longer just about funding, it’s about full life cycle management of assets and particularly the management of end-of-life assets. Rigby Capital and the operational capabilities in SCC, with its market-leading IT recycling facilities, can provide complete end-to-end management of IT assets for Lombard and its customers.”

Each year, approximately 50 million tonnes of e-waste is produced, of which just 20% is formally recycled. If nothing is done, the amount of waste produced annually is forecast to more than double to 120 million tonnes by 2050.

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