DLL Publishes Whitepaper on Taking Back and Recovering Value From Used Assets
EINDHOVEN, Netherlands, October 12, 2015 /PRNewswire/ --
Launched during the CE100 Acceleration workshop in Milan.
DLL, global provider of asset based financial solutions launches its third whitepaper, 'Sustainable returns by recovering used assets'. This whitepaper is part of DLL's efforts to further unlock circular economic business and explains how manufacturers successfully retrieve value from used assets.
Second life financing key enabler for circular economy
DLL identified financing of used, refurbished and remanufactured assets as a key enabler for a circular business model in the beginning of 2013. Since then, DLL invested in pilots, systems and skills in order to further explore and roll out to its full potential. Today, 2015, 2% of its portfolio consists of second and third life finance. DLL is committed to increase this percentage towards 20% of its portfolio in 2025.
Rob van den Heuvel, Senior Vice President Global Asset Management at DLL, further explains: "Traditionally manufacturers are focused on maximizing the production of new assets. As a result, manufacturers rarely know where their assets end up after the point-of-sale. In the new circular economy, manufacturers control the full technical lifecycle of assets. This whitepaper explains the reasons for taking back and recovering value from used assets from a business point of view and describes the process from recovery until re-use. Furthermore, it describes potential barriers and solutions to mature and scale up take back and value recovering activities. Through these insights we hope to inspire manufacturers to uncover the hidden potential of used assets and explain how leasing can facilitate taking back a predictable and significant flow of used assets. We hope our whitepapers eventually accelerate the transition towards a circular economy."
DLL is also connecting with other stakeholders worldwide to further help to achieve this transformational change. DLL is member of the global CE100 network and the Circle Economy network in the Netherlands.
CE100 network
The Circular Economy 100 (CE100), initiated by the Ellen MacArthur Foundation, is a global platform bringing together leading companies, emerging innovators and regions to accelerate the transition to a circular economy. The programme is based on the principle that more value can be gained from collective problem solving than can be achieved by working alone. The Foundation has created the CE100 programme to support business in unlocking Circular Economy's commercial opportunity and to enable them to benefit from subsequent first mover advantages.
The Ellen MacArthur Foundation has six Global partners, of which the most recent one, Google, joined on September 29th. Global Partners work closely with the Ellen MacArthur Foundation team to identify circular business opportunities and to implement tangible programmes.
Circular economy
The circular economy is a regenerative model inspired by nature. It offers businesses a way to deliver value and profitability in a sustainable way. Products are designed to be recycled, reused or remanufactured at the end of the first life cycle, reducing pressure on the planet's finite resources. It also calls for greater use of renewable energy, reducing carbon emissions and countering the threat of global warming. It promotes the development of healthy materials in products, promoting a non-toxic closed loop system. The circular economy relies on usage rather than ownership of assets. It enables manufacturers to maintain more control on their assets throughout the technical cycle and offers the potential for product services to become an increasingly important profit centre for manufacturers. New service-based financial solutions such as leasing and pay per use are enabling manufacturers to do so.
To download the full whitepaper click here, available in English, French and Dutch.
Twitter: @DLLgroup
LinkedIn company page: http://www.linkedin.com/company/dllgroup
LinkedIn showcase page: http://www.linkedin.com/company/dll-sustainable-added-value-of-leasing
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