Circular product design
Circular economy aims to reduce raw material use and minimize waste. Many of our products are designed to be returned, refurbished, and resold while maintaining high standards of performance and energy efficiency. Modular designs support easy disassembly and part replacement, extending product life and reducing waste.
Extending the product lifespan
Our service offerings ensure that customers get maximum value from their investments. We repair products and perform preventive maintenance, extending products' life and minimizing waste. We also provide support for optimal product use to enhance energy efficiency.
Minimizing waste
Reducing waste lowers our environmental impact and boosts circularity. Most of our waste is scrap metal, which is largely reused or recycled. Our goal is to reuse, recycle, or recover 100% of our waste by 2030. Some units also collect and refurbish contaminated products from customers.
Our circularity commitments
In addition to our long-term waste reduction target, we have set a target to have a Group-common method for assessing the circularity of new or redesigned products by 2024. We have also committed to systematically apply circularity principles in product development for all new and redesigned products by 2027.
Our Specialty Rental Division is one aspect of our circular business model, here supporting the construction of windmills at sea through a hire fleet of portable machinery.
