1 / 8

Circular Economy Finance Guidelines and how ING applies them

Explore how ING applies Circular Economy Finance Guidelines and the key changes for manufacturers when shifting to a Product-as-a-Service business model. Learn about financing circular supply chains, cost price calculation, reporting, logistics, and more. Discover ING's solutions and loans for circular-related activities, green bonds, and sustainable improvement.

dwells
Download Presentation

Circular Economy Finance Guidelines and how ING applies them

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Insert filepath here Circular Economy Finance Guidelines and how ING applies them • Joost van Dun • Stockholm, 16 May 2019

  2. [Insert filepath here] Circular Economy Finance Guidelines Why? Who Aim

  3. [Insert filepath here] Circular Economy Finance Guidelines Business Model Assessment Impact Assessment (Social, Environmental) Exclusions

  4. Circular Economy Business Models Product as a Service Business Model is seen as one of the key drivers of the Circular Economy. Key changes for manufacturer when shifting to PaaS: Balance sheet extension Credit risk Financing Circular Supply Chain Cash flow Cost price calculation Reporting Sharing Platform Logistics manufacturing Marketing& Sales Product development Sourcing Product as a Service Product use End of life disposal Recovery & Recycling Reverse logistics Product Life Extender Source: Accenture

  5. [Insert filepath here] Whatdid we do? Training E-Learning Game Scorecard

  6. Solutions ‘Regular’ Loans Lease Supply Chain Finance Regular products • Finance of circularrelatedactivities Green Bond • Use of proceeds for circular activities Link to ‘green products’ Green Loan • Sustainable KPI’s linked loan. KPI’s related to Circular targets or improvement on level of circularity Sustainable Improvement Loan • Tailor made solutions • Multiple parties involved • Multiple sources of funding Business Model Development Product-as-a-Service Sharing platforms

  7. Circular Economy Linear Economy So, what changes? • We finance assets • Focus on assessing historical financials • Single company • (Residual) value is known • We finance services • Focus on understanding future cashflows • Partnerships • (Residual) value changes

  8. Thank you! Joost van Dun Circular Economy Lead ING WholesaleBanking | Sustainable Finance M +31 6 30 88 26 19 E Joost.van.Dun@ing.com

More Related