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De Lage Landen and Desso to Offer Circular Economy Leasing Model

September 18, 2013, 07:05 AM
Filed Under: Vendor Finance News

De Lage Landen (DLL) and Desso, a global carpets, carpet tiles and sports pitches company, joined forces to offer Desso’s customers a leasing service option; a critical step in Desso’s transition to the circular economy.

Since 2008, Desso has been following Cradle to Cradle® principles in order to design its products in such a way that they can be safely disassembled and recycled at the end of the product’s life.
This is part of the company’s vision to make the floor work for our health and wellbeing. Cradle to Cradle® puts great focus on ensuring your materials contain the healthiest ingredients, as analysed against a set of human health and environmental criteria.
In the long term, the shift to the circular economy, in which goods are made to be remade again and again, businesses will be able to unlock new wealth and put less pressure on the earth’s natural resources.

One of the keys to making this change is to come up with innovative new service models, notably leasing. Instead of owning a product, customers view it as a service provided by a supplier, who will then take back the product at the end of its life for recycling.
“Now with help from DLL we are starting to take the next step in offering leasing, which will offer a full service to our customers including installation, cleaning, maintenance and eventually removal, which will also make it easier for us to take our goods back after its use and close the loop,” says Alexander Collot d’Escury, CEO Desso.
“We are, of course, delighted to join forces with Desso in this groundbreaking move towards the circular economy. This tailor made, full service lease solution fits perfectly in our aim to further develop our concept of life cycle asset management: reducing waste and recycling raw materials by reusing predesigned parts in the value chain. In the long run, we hope to see service models like this grow and shift the world economy to a much more innovative and sustainable position, enabling economic growth to take place within the means of the planet,” says Milko Wijckmans, President of DLL Financial Solutions. “We are also thrilled that a company in the Netherlands is taking the lead in this way.”

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