UNIDO: Achieving Sustainable Development Goals through Chemical Leasing

Published: June 8, 2018; 12:00 · (Vindobona)

In 2004, with the support of the Government of Austria, UNIDO launched its Global Chemical Leasing Programme, promoting a business model that marks a paradigm shift from increasing the sales volume of chemicals toward a value-added approach. The fourth Global Chemical Leasing award ceremony will take place on 6 November 2018 in Vienna, Austria. It will be part of the Green Chemistry Conference 2018 within the Trio Presidency of the Council of the European Union (EU) programme, "Smart and Sustainable Europe", held during Austria's EU Presidency.

Fourth Global Chemical Leasing award - call for entries / Picture: © UNIDO United Nations Industrial Development Organization

The conventional business model assumes that the more you sell, the more you earn. However, in the Chemical Leasing model the supplier does not sell quantities. The supplier sells the function of the chemical. This is the service rendered by the chemical or the purpose for which the chemical is applied.

For example, the function of the chemical could be to clean or degrease…

This article includes a total of 350 words.

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