UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.

In partnership with the Austrian Federal Ministry of Sustainability and Tourism (BMNT), the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), the German Environment Agency (UBA), the Swiss State Secretariat for Economic Affairs (SECO) and the Swiss Federal Office for the Environment (FOEN), UNIDO brought together more than 150 participants from governments, institutions and enterprises as well as leading Chemical Leasing experts. The event was organized as 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.

The sheer number of 91 applications received (54 “Case studies”, 18 “Special innovation”, 19 “Research”) from 20 countries proves that Chemical Leasing is gaining momentum and is being applied in many companies worldwide and in different sectors.

During the ceremony, the winners from the fourth Global Chemical Leasing Award in the three categories (Case Study, Special Innovation, Research) were announced. The Award, which was launched in 2010, promotes the application of innovative business models and inspires companies and individuals around the globe to foster sustainability.

UNIDO definition of Chemical Leasing:
a) Chemical Leasing is a service-oriented business model that shifts the focus from increasing sales volume of chemicals towards a value-added approach.
b) The producer mainly sells the functions performed by the chemical and functional units are the main basis for payment.
c) Within Chemical Leasing business models the responsibility of the producer and service provider is extended and may include management of the entire life cycle.
d) Chemical Leasing strives for a win-win situation. It aims at increasing the efficient use of chemicals while reducing the risks of chemicals and protecting human health. It improves the economic and environmental performance of participating companies and enhances their access to new markets.
e) Key elements of successful Chemical Leasing business models are proper benefit sharing, high quality standards and mutual trust between participating companies.