Supporting circular models through financial solutions
As the world population grows, greater demand will be
placed on finite resources. A smarter use of these resources is at the heart of
the circular model, challenging us to find ways to remanufacture, recycle and
With a focus on usage rather than ownership of assets, DLL works with equipment
manufacturers and dealers to develop second and third life revenue streams,
thereby actively promoting refurbishment and remanufacturing. DLL further ensures
that the right financing models are in place so that manufacturers and dealers
can maintain responsibility for the management of the equipment throughout its
complete life cycle, from production through to disposal. DLL’s LCAM program
enables manufacturers and dealers to implement a sustainable business approach
that combines profitability with environmental and social benefits. In addition
to supporting the shift to a circular economy, DLL’s partners benefit from the
additional revenue and are able to serve a broader customer base, strengthening
their market position.
Bill Stephenson, CEO and Chairman of the Executive Board at DLL,
comments: “We are delighted that the value of our LCAM program is once again being
recognized. At DLL, we believe the financial industry can play an integral
and leading role in creating a more sustainable world and economy. We will
continue working with our partners and their end customers to provide
responsible solutions that help all parties realize their aspirations in a challenging and
constantly evolving market.”
Today, second and third life equipment comprises 2% of DLL’s leasing portfolio.
The company expects this percentage to grow to 20% by 2025. DLL has made a concerted effort to work alongside its
partners in addressing the challenges of adopting circular economic principles.
Believing that circular solutions can only be developed through close
collaboration with others, DLL has also developed a series of white papers to share their learnings and inspire other companies to take action.
Finalists for the BusinessGreen Leaders Awards will be announced on July 6 in