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Wednesday, March 18, 2015

What is chemical leasing?

Meeting with the Director General of the United Nations Industrial DevelopmentOrganization (UNIDO), Mr. Li Yong, revealed how deeply connected he is to environmental issues and its inescapable linkages with industry. Many of us associate industrial development with pollution, which is indeed a cause for concern in many parts of the world, especially with regards to the production and use of chemicals or hazardous wastes for instance. So can we have green industrial development? We think so! UNIDO’s Green Industry Initiative for Inclusive and Sustainable Industrial Development is a great step in this direction. 

There are many examples at work today in both developing and developed countries. One such example is Chemical Leasing:  first introduced in Austria in the beginning of the 2000s, it is now a common tool being applied in many industrial and even agricultural sectors. Chemical Leasing is about sharing the responsibility for the chemicals that are manufactured among the producers, the users and across the supply chains. By delinking profits from output, manufacturers are incentivised to optimise the use and application of the chemical rather than just selling the chemical to users. This green industry model is in the commercial interest of the manufacturer to reduce pollution, unwanted emissions and wastage, and ultimately shift to safer and less hazardous chemicals. 

For further information on chemical leasing visit: http://www.chemicalleasing.com/

Chemical leasing Explained:


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