Sustainability

At MercadoIT, we have a clear vision; we are committed and determined to positively transform people’s lives and ensure a better future for the planet.

14 employees on staff

123 t
Avoided industrial waste

More than 412,000 refurbished devices by 2025

ISO 9001/14001
Certified

2023 Sustainability Report

Sustainability is at the heart of our business strategy. Through our first Sustainability Report, we share our commitment, our achievements, and our future plans—a voluntary initiative to be transparent and lead by example in the technology industry.

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Circular Innovation and Commitment to Sustainability in the Technology Sector

Mercado IT was founded in 2011 with a clear vision and mission: to revolutionize the IT sector by creating a circular, sustainable business model that makes a positive impact. Since our inception, we have worked to build a purpose-driven company that benefits both people and the planet.

We’ve always believed that purpose and profit can go hand in hand, and that belief guides MercadoIT. We support the transition from a linear economy to a circular economy—a circular approach that guides our actions as a company. In 2022, we created our Sustainability department and began working on an ambitious plan that we are integrating into the company’s strategy. As a result, we launched our first Sustainability Report, aiming to reflect our efforts and commitment with the utmost transparency.

We want a conscious and orderly revolution that will allow us to reduce technological waste, combat premature obsolescence, and make professional-grade technology—of the highest standard, quality, and reliability—available to an ever-growing number of users and businesses.

That is why we act out of conviction rather than obligation, using all EU legislation on sustainability, consumer rights, the fight against premature obsolescence, and greenwashing as our guide.

Our Business Model

We focus on transforming technological equipment by giving it a second life, extending its useful life by up to 80% and offering high-quality solutions with minimal environmental impact. From our base in Valencia, we operate under strict European standards, promoting a circular economy that challenges the traditional cycle of technology consumption. Our mission is to provide advanced technology at affordable prices, reducing CO2 emissions and preventing the unnecessary production of new equipment, while also helping our customers and suppliers achieve their sustainability goals.

Mission - Retech

To transform society's relationship with technology by refurbishing technological equipment, promoting sustainability, accessibility, and environmental responsibility.

Vision - Reimagine

To position the IT industry as a solution to global environmental and technological challenges, and refurbished technology as a key driver of positive change and sustainability on the planet.

Purpose - Rethink

Rethinking society's interaction with technology and promoting a transition toward a circular economy. We strive to ensure that every refurbished piece of technology not only meets our customers' needs but also makes a positive contribution to the planet.

Commitment to Our Stakeholders

We have established a dedicated sustainability department and developed a sustainability strategy, which is the result of an in-depth analysis of our stakeholders and the interaction between the company and these stakeholders from economic, social, and environmental perspectives. Through ongoing and constructive dialogue, our actions and our Sustainability Report are informed by collaboration with these groups, ensuring that our initiatives reflect a genuine commitment to comprehensive sustainability.

Stakeholder Groups

Sustainability as a Strategic Commitment

Key and Cross-Cutting SDGs

We have identified the key SDGs that our activities affect, and we have created a plan to expand our positive impact on all of them and mitigate any negative impacts.

TRACKING our SDGs through a:

  • Internal Analysis
  • Structured Dialogue with Our Stakeholders.
  • Materiality Analysis—Impact Analysis of Our Business Model.

Our Goals

We want to be the key technology partner in our clients' sustainable value chain.

  • Efficiency – Reducing E-Waste from Customers and Suppliers
  • Draft a Code of Ethical Conduct and Commitment to People, Safety, and Customers
  • Continuing Education Program on Sustainability and Climate Change
  • Management of Industrial Waste
  • Ethical and Responsible Sourcing
  • Reducing the Social and Gender Digital Divide

Challenges in Technological Refurbishment

Thanks to his more than 15 years of experience in the IT sector—and specifically in spearheading the technology refurbishment model—he has identified a number of existing and persistent challenges that hinder the development of more sustainable and circular business models, as well as the mitigation of the negative impacts of ICT on the environment, society, and our economy.

Here are some of those challenges:

  • Greenwashing
  • Planned obsolescence
  • Preventing Repairs
  • Perceived obsolescence
  • Software Updates
  • Lack of public support for refurbished products
  • Misconceptions About Products and Services
  • Challenges in Public and Private Bidding Processes

Our CSR

Guided by a strong and heartfelt commitment to Corporate Social Responsibility, we are moving toward a sustainability policy that encompasses and enhances our actions. This section reflects our current commitment and paves the way for a broader approach across all our operations, in line with our values. Some of our CSR partners and initiatives.

RENTOLOGY

The essence of MercadoIT: a perfect balance between profitability and environmental responsibility. We take a 360° approach that drives technology forward and contributes to a greener planet. From refurbishing equipment to extend its useful life to closing the loop with our buyback initiative, every step we take is guided by our commitment to sustainability.