Foxway’s latest impact report, recently covered by SecondaryMarket.news, clearly outlines a shift from the traditional “produce-use-dispose” model. Chief Sustainability Officer Kai-Riin argues that true sustainability requires systemic change. The company’s vision includes not only circularity but also deeper economic transformation through principles such as sufficiency and degrowth.
Page 60 reveals something more
In the final paragraph of page 60, a subtle but significant detail is disclosed: Foxway now offers one-for-one waste collection to enterprise customers, aiming to mitigate e-waste in regions like Africa, Asia, and Latin America. The service is offered in partnership with local organizations, suggesting a broader strategic alliance.
All signs point to Closing the Loop
Although Foxway does not name its partner directly, the precise wording leads to one clear conclusion: Foxway is working with the Dutch social enterprise Closing the Loop. This organization is known for its One for One model, which offsets the impact of new electronics by collecting an equivalent volume of end-of-life devices in developing nations.
Public signs surfaced at MWC 2025
Sources told SecondaryMarket.news that Foxway quietly revealed this partnership during MWC Barcelona earlier this year. If true, Foxway is following the lead of other large tech players like Vodafone and Westcoast, who also use Closing the Loop’s model to neutralize their e-waste footprint.
Closing the Loop creates global impact
Active since 2012, Closing the Loop offers tech companies a credible way to turn waste into impact. By collecting scrap phones in emerging markets and creating local income in the process, the initiative benefits both people and planet. This model aligns with the broader shift Foxway advocates in its sustainability strategy.
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Trade-in
Repair
Refurbishing
