Sustainability in the Industry

Leasing and Renting

Impacts, Risks and Opportunities

Sustainability in Leasing and Renting

Leasing can be the method of choice if, for example, high investments in climate-friendly heating technology, environmentally friendly vehicles or lower-emission buildings are necessary. “Use instead of owning” is not entirely legally correct the guiding principle of leasing, which drives transformation in two ways: For manufacturers, leasing creates sales opportunities for their goods. Because they receive a second life in the cycle at more affordable prices at the end of the agreed service life, they have a positive effect on the ecological balance of subsequent users.

Leasing becomes a real lever of transformation when it accelerates the pace of innovation and promotes the spread of new, more sustainable technologies and makes them financeable.
How big the impact of the leasing industry can be is particularly evident in electromobility. Whether it’s electric vans for a craft business or the conversion of the company’s fleet – the majority of vehicles are purchased through leasing. And the current heat transition policy also presents the country with a financing problem: If millions of oil and gas heating systems have to be exchanged for more climate-friendly alternatives, leasing approaches can help homeowners finance the switch.

The industry includes, for example, rental of vehicles, machines, equipment, consumer goods and finance leasing.

Industry Materiality

Key Fields and Topics in the Industry 

 

Sustainability is different by industry. Learn key material filed and topics in Leasing and Renting.

 

Climate

Climate protection

Resources

Circular economy

Nature

Pollution

Society

End-consumers

EU NACE Classification 

Industry NACE Classes

Unsure if the industry is the right one? A comparison with the EU’s granular NACE classification Rev. 2.1 provides clarity.

Included NACE classes in the industry

L 64.91 Financial leasing
O 77.1 Rental and leasing of motor vehicles
O 77.11 Rental and leasing of cars and light motor vehicles
O 77.12 Rental and leasing of trucks
O 77.2 Rental and leasing of personal and household goods
O 77.21 Rental and leasing of recreational and sports goods
O 77.22 Rental and leasing of other personal and household goods
O 77.3 Rental and leasing of other machinery, equipment and tangible goods
O 77.31 Rental and leasing of agricultural machinery and equipment
O 77.32 Rental and leasing of construction and civil engineering machinery and equipment
O 77.33 Rental and leasing of office machinery, equipment and computers
O 77.34 Rental and leasing of water transport equipment
O 77.35 Rental and leasing of air transport equipment
O 77.39 Rental and leasing of other machinery, equipment and tangible goods n.e.c.
O 77.4 Leasing of intellectual property and similar products, except copyrighted works
O 77.40 Leasing of intellectual property and similar products, except copyrighted works
O 77.5 Intermediation service activities for rental and leasing of tangible goods and non-financial intangible assets
O 77.51 Intermediation service activities for rental and leasing of cars, motorhomes and trailers
O 77.52 Intermediation service activities for rental and leasing of other tangible goods and non-financial intangible assets

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