The Circular Economy Investor Award recognizes those organizations in the investment sector, which provide financial backing for the circular economy to become mainstream.
Believing that the best route to change is through innovation and strong, practical support, DLL offers tailored financial solutions to its customers, manufacturers and dealers across nine industries, to devel-op circular business models that provide second and third product life cycles and profitable, new business revenue streams. With its specialized Lifecycle Asset Management (LCAM) program, it is able to encourage many of its customers to expand the full technical life of their equipment via remanufacturing and refurbishing.
DLL, a fully owned subsidiary of Rabobank Group, manages its LCAM activities in nine industries: office technology, industrial equipment, healthcare, automotive, clean technology, construction, transportation, agriculture and food. DLL’s second life equipment financing investments grew from 1% in 2013, to 5% in 2015. DLL has the ambition to have this percentage grown towards 20% by 2020.
DLL’s second and third product life financing enables its customers to transition from selling an asset to selling a service, leading to the more sustainable service-based economy. In the latter, manufacturers and dealers are better placed to manage their materials and product life cycle processes, to enable the smartest use of resources and the development of circular methods.
The final winners of the Circulars will be announced at a ceremony at the World Economic Forum’s Annual Meeting in Davos in January 2016.