DLL has published a whitepaper on taking back and recovering value from used assets called ‘Sustainable returns by recovering used assets’.
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 said it has invested in pilots, systems and skills in order to further explore and roll out to its full potential.
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At the present date in 2015, 2% of its portfolio consists of second and third life finance, with the intention to raise this near 20% by 2025.
Rob van den Heuvel, senior vice president Global Asset Management at DLL, said: "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.
