Maybe a five year old phone isn’t good enough for you, but it might be for someone else. But if the screen can’t be repaired or the battery replaced, it will end up as ewaste somewhere in a poor country polluting the world’s air and soil/water.
Which is why everyone should care about the right-to-repair.
A phone that can be repaired, is worth something. For ewaste you get €0 (some recycler may get a few bucks from rare materials). For a phone that can have a second life, you might get some €100.
This is one reason why people love iPhones: their value, second hand, remains rather high.