Green Is More Than A Colour: With Compugen, It’s An Approach To Business

GREEN IS MORE THAN A COLOUR: WITH COMPUGEN, IT’S AN APPROACH TO BUSINESS

Compugen, a Green IT service provider, offers two in-house, award-winning solutions to addressing end -of-life e-waste and refurbished technology. The first is called Green4Good™ designed to assist organizations needing to dispose of their End-of-First-Life™ technology thus addressing the problem of e-waste. The other is CarbonBank™, the world's only program that generates carbon credits from the resale of refurbished technology.

Compugen Finance is a certified B-corp, ISO-9001, recognized Clean50 Top Project winner and recent winner of the Microsoft Growth Mindset Award. Our mission is to improve the environment through a well-developed circular economy model.

The company has its own in-house asset disposition program: Green4Good™. The Green4Good program was developed to respond to what we think is a gap in the marketplace. Year after year, major corporations around the globe are updating their technology resources and disposing of massive amounts of computer hardware. Green4Good’s mission is to divert those assets from the landfill. The Green4Good initiative helps organizations securely and responsibly dispose of IT assets that no longer have value to them and helps recipient organizations obtain the technology they need to make a difference. By strategically aligning with the Green4Good program, customers can generate goodwill for their brand, help the environment and benefit charitable organizations.

Compugen Finance also engages in carbon reduction measures through our Carbon Bank program. The first carbon credit program ever to be offered by a private business, Carbon Bank is strategically aligned with Sustainable Development Goals 9, 10, 11, 12, and 13. Carbon Bank enables corporations to generate verified carbon credits through the trade-in and the ultimate resale of End-of-First-Life™ technology. The carbon credits correspond to the deferral of 1 tonne of CO2e emissions.Compugen Finance’s customers acquire these carbon credits through the Canadian Standards Association (CSA).

We believe basic access to internet and technology is a necessary human right, which aligns with UN Sustainable Development Goals 1 and 10 – the elimination of poverty and reduced inequalities. Compugen Finance understands that disconnected families and individuals are at a disadvantage when it comes to job searching, education, and knowledge generation. That’s why we engaged with Rogers Communications to provide subsidized internet and computers to low-income families. Through the program we were able to bundle internet, at $9.99/month, and a computer, at $150, to low-income families in order to get them connected and on their way to an improved lifestyle.

We also compel the organizations participating inGreen4Good™ to donate their proceeds to charity. Through this initiative we have supported a wide-range of charities like ‘First Book Canada’ ‘Project Childcare Foundation’ and ‘Massey Centre for Women’, all in an effort to alleviate poverty and inequality in the vulnerable populations of our community. Most recently,we have begun to support Project Childcare Foundation (PCF). Established in 2004, PCF is a registered Canadian charity working to improve the lives of disadvantaged children around the world through the provision of basic care, educational, health and psycho-social support programs.

MORE ABOUT COMPUGEN

It's one thing to say you care about the environment, and another thing to actually do something about it. Compugen’s head office in Richmond Hill, Ontario is 120,000 square feet of environmentally friendly office space. The building was specifically designed to reduce the environmental footprint.

Inside the building, large picture windows reduce lighting costs by 40%, and electronic sensors automatically turn off the lights when rooms are empty. The new configuration centre boasts energy-efficient heating and cooling racks, and follow-me print stations allowed us to reduce from 80+ printers down to eight, translating to far fewer wasted printouts and less electricity used. We’ve reduced water consumption by 60% through the use of low-flow toilets and auto-on faucets, and by capturing rainwater for landscaping. The plants on the property are all drought-resistant. In the future, we plan to install solar panels on the roof so the building can generate its own electricity.