How ‘Leasing’ Chemicals Can Contribute to A Cleaner Environment

By Thomas Jakl
16 March 2020 | Article

One innovative way that chemicals can be produced and used in ways that minimize significant adverse impacts on human health and the environment is through Chemical Leasing. At the heart of the Chemical Leasing model is the idea that economic success no longer depends on the volume of chemicals sold, but on the service that is linked with the chemicals.

Key Words: Sustainable Development Goals, chemical management, environmental impact, resource efficiency, resource consumption, chemical industry, Chemical Leasing

Given that chemicals and waste affect all aspects of development, the sound management of both is key to achieving a number of targets under the UN Sustainable Development Goals. And one innovative way that chemicals can be produced and used in ways that minimize significant adverse impacts on human health and the environment is through Chemical Leasing.

Originally initiated by the United Nations Industrial Development Organization (UNIDO) and the Austrian Government in 2004, Chemical Leasing is based on an alternative approach that turns the conventional business model – which assumes that the more you sell, the more you earn – upside down. At the heart of the Chemical Leasing model is the idea that economic success no longer depends on the volume of chemicals sold, but on the service that is linked with the chemicals. Here, the supplier does not sell quantities, but rather sells the performance, the function of the chemical. This is the service rendered by the chemical or the purpose for which the chemical is applied.

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Source: The article was published for the first time in:
www.greengrowthknowledge.org/blog/how-%E2%80%98leasing%E2%80%99-chemicals-can-contribute-cleaner-environment

Image copyrights: Adobe Stock

Thomas Jakl

Deputy Director-General
Ministry of Environment of Austria (BMK)

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