Sustainability is at the center of Foxway’s business model
At Foxway, we are leading the way in building a global economy, based on circular business models. Our goal is to become the leading sustainable tech company in Europe. Circular business models in tech are centered around recommerce, including reverse logistics, refurbishment, resale, and repair, are gaining traction globally as solutions to long-term growth and environmental challenges.
Positive impact in 2023
Tons CO2e
434
Tons Scope 1 & 2
CO2e emissions
(-50%)
644
EUR Mn revenue
(+21%)
2,389,915
Repaired, collected
and reused devices
(+160%)
661
tCO2e/Mn EUR
revenue (-15%)
Scope 1 – 3
carbon intensity
1,327
FTE (+18%)
The tech industry, particularly laptops and mobile phones, is experiencing significant growth in recommerce. Customers and businesses are finding new uses for outdated electronics, combating e-waste, while circular tech brands are addressing supply issues by repurposing components from older models.
At Foxway we are proud to share that almost 50% of our co-workers are oriented to work tasks targeting repairs, value-add, upgrades and rescuing devices for another use.
Our ambition is to continue to forge partnerships with leading electronics companies and resellers based on shared values. The dedication from Foxway is clear, the Board of Directors is aligned, strategy and sustainability are closely interlinked and combined. The work toward being a positive impact company goes into every part of Foxway.
We believe in working together to shift society away from endless linear consumption of tech to a more mindful circular model where used tech devices, or “pre-loved” as we like to call them, are the preferred kind and the new standard.
