DLL, a Global Provider of Asset-based Financial Solutions, has been shortlisted for the BusinessGreen Leaders Awards' brand new category, Circular Economy Project of the Year.
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.
The Circular Economy Project of the Year is one of the new categories this year and is open to innovative projects that have not just curbed waste levels, but have delivered broader financial and competitive benefits to the organization and have helped to engage employees with circular economy issues. DLL has been recognized for enabling circular business models through its Life Cycle Asset Management (LCAM) program.
The BusinessGreen Leaders Awards, now in its sixth year and organized by BusinessGreen.com, UK information source for the green economy, will bring together over 600 executives, entrepreneurs, investors, policymakers, and campaigners to celebrate the green economy's most exciting and innovative achievements from the past 12 months. Finalists for the BusinessGreen Leaders Awards will be announced on July 6 in London.