We design attractive financing products for our customers, that facilitate and promote sustainable business practices. To this end, we rely on resource-conserving circular economy within our leasing portfolio, efficient digital processes - both internally and externally - and on minimizing our environmental footprint.
Our focus is on financing solutions tailored to small and medium-sized enterprises and their investment needs. For the sustainable orientation of our company, we see it as our task to finance and offer ESG products and services in particular.
In light of the transformation of the economy towards sustainability, we strive to make our asset portfolio more sustainable. Investing in Green Economy objects enables our customers to operate more sustainably. This category includes, for example, objects for the generation and storage of renewable energy, for the support of sustainable mobility or for waste and resource management. Specifically, these include solar energy systems, eBikes and other e-mobility as well as electric charging stations. The focus on green economy products was launched in 2022 and enables our customers to operate more sustainably themselves.
How sustainable is a leasing object? To make these and other aspects of our financing transparent, we are currently developing the GRENKE Sustainability Index (GSI). This index takes into account the various factors relevant to the lease contract life cycle. This takes into account the properties of the leased object, the leasing contract and our lessee. We are developing and validating the GSI in cooperation with the Karlsruhe Institute of Technology (KIT) in order to subsequently introduce the index as a meaningful valuation metric.
We are committed to returning our leasing products to the economic cycle at the end of the lease term. By far the largest proportion of all leased assets are resold to our specialist dealer partners at the end of the lease term. In our main markets Germany, France and Italy, we also have our own asset brokers. These take over leased assets at the end of the lease term, check their functionality and return them to the market.
GRENKE is digitizing processes and procedures in order to keep our ecological footprint as small as possible. In doing so, we take measures to minimise the use of resources.
GRENKE is taking numerous measures aimed at reducing greenhouse gas emissions and the effects of climate change.
Our business model traditionally involves a high volume of records and documents. We want to minimize our ecological footprint also in this area and have set ourselves the goal of digitizing an increasing amount of our processes. Paper consumption is being continuously reduced, for example through the digital customer portal, our electronic signature solutions, but also through digital personnel files.