Sustainability in the industry

Leasing and renting

Sector: Finance and Insurances

KI-generiertes Bild. Tool: Flux AI

Key fields in the industry

There are key sustainability fields, topics and criteria in every industry. For the selected industry, the three material fields are:

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Sustainability levers in the industry

The industry definition gives you an idea of where important sustainability levers lie in the respective industry.

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.

EU NACE classes in the industry

Unsure which industry is the right one? A comparison with the EU's granular NACE classification provides clarity.

NACE designation

77.11.0 – Rental of motor vehicles with a gross vehicle weight of 3.5 tonnes or less

77.29 – Rental of other consumer goods

77.32 – Rental of construction machinery and equipment

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