Market
18
Dec
2024
3
min read

Back Market joins SIRRMIET to strengthen the circular economy

Just a few days ago we published an article that French Reborn joined association SIRRMIET. Today we can reveal that Europe’s largest marketplace for refurbished products Back Market has officially joined SIRRMIET, the International Network for Responsible and Sustainable Digital Transformation, as well. This collaboration signals a shared commitment to advancing sustainable innovation and promoting a circular economy in the tech industry and underlines the growing importance of SIRRMIET.

Back Market

Since its establishment in 2014, Back Market has emerged as a global leader in the refurbished electronics market. With over 600 employees across 8 international offices, the company is dedicated to giving a second life to tech products. Back Market’s mission includes reducing the ecological footprint of electronic devices while ensuring technology remains accessible to all.

Impressive achievements and milestones

Back Market has achieved significant milestones that underscore its impact:

  • 1 million tonnes of CO₂ avoided through its initiatives.
  • 2,023 rigorously vetted refurbishers featured on its platform.
  • Over € 2 billion GMV in 2022
  • Certified B Corp status
  • Over US$1 billion raised since 2014 from leading global investors.

Additionally, refurbished smartphones on Back Market save up to 92% in carbon emissions and 86% in water consumption compared to new devices, according to the French Environment and Energy Management Agency (ADEME).

SIRRMIET: driving responsible digital transformation

SIRRMIET is an influential French network dedicated to fostering sustainable and ethical practices within the digital sector. The organization comprises prominent members, like Dipli, Econocom, Ingram Micro and recently Reborn, who collectively tackle challenges related to circularity, compliance, and environmental impact. Back Market’s addition to this network highlights the growing importance of collaboration in addressing global sustainability goals.

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