In this episode of the AFC European Equipment Finance Podcast, Carmen Ene, CEO of BNP Paribas 3stepIT, joins host Richard O’Donohue to explore how circular economy principles are reshaping IT asset management. From reducing emissions to driving cost-efficiency, Carmen shares practical insights on sustainable finance, regulatory trends, and the importance of diversity and leadership in tech.

Carmen explains how BNP Paribas 3stepIT is pioneering a circular approach to IT asset management, acquiring, managing, and refurbishing devices to extend their lifecycle. She emphasizes that achieving net zero is impossible without embracing circularity, as most emissions come from manufacturing.

The conversation highlights how refurbishing IT equipment significantly reduces environmental impact. Carmen cites research showing that their model cuts laptop emissions by 17% and reduces ecological footprint by 24%, making a strong case for sustainable IT practices.

Carmen discusses how countries like France are leading with regulations that promote refurbished tech in public procurement. She notes that similar policies are spreading across Europe, creating momentum for circular economy solutions in both public and private sectors.

Beyond environmental impact, Carmen stresses the financial and operational advantages of circular IT including lower costs, improved security, and better asset tracking. She positions sustainability as a smart business strategy, not just a moral imperative.

Carmen shares her personal journey as a female leader in tech and finance, reflecting on the importance of mentorship, male allies, and inclusive leadership. She also discusses the role of women in AI, where human-centric skills like empathy and communication are increasingly vital.