BNP Paribas Leasing Solutions is committed to unlocking the transition towards a circular economy. We’re collaborating with partners and clients to develop innovative solutions that maximise efficiency, minimise waste, and enable sustainable growth.
A prime example is our strategic Joint Venture, BNP Paribas 3 Step IT, delivering a comprehensive solution that covers the entire technology lifecycle – from procurement and asset management to responsible decommissioning – ensuring business devices are securely refurbished for their next use.
In this exclusive interview, our Chief Sustainability Officer, Andrey Maramzine, shares insights on how forward-thinking organisations are revolutionising their approach to technology management to drive greater value while reducing environmental impact.
Interviewer: How would you characterise technology’s role in today’s organisational landscape?
Andrey: Technology has become the backbone of organisational agility and competitiveness. While digital needs vary significantly across industries and businesses, technology universally enhances efficiency, productivity, and connectivity. It will undoubtedly remain instrumental in helping organisations achieve sustainable growth and strategic objectives in the years ahead.
Interviewer: What critical challenges do organisations face in managing their technology assets?
Andrey: Today’s technology management occurs against a backdrop of urgent challenges: climate crisis, resource constraints, complex global supply chains, evolving cybersecurity threats, and regulatory requirements.
These factors significantly impact an organisation’s operational resilience and ability to meet stakeholder expectations, making them essential considerations in any technology strategy.
Interviewer: How does BNP Paribas 3 Step IT help customers navigate these complex challenges?
Andrey: We’ve developed a comprehensive circular solution that guides customers through the entire technology journey – procurement, asset management, decommissioning, and replacement – within a single integrated service.
Our Technology Lifecycle Management approach represents a shift in IT asset handling. Through our all-inclusive service contracts, organisations access cutting-edge equipment, manage assets efficiently via our platform, and ensure devices are securely and sustainably refurbished when no longer needed, before being remarketed.
Interviewer: What compelling reasons should motivate businesses to embrace circular technology management?
Andrey: The standout advantage is proactive risk management from day one. Organisations immediately address critical concerns – data security, financial optimisation, regulatory compliance, and environmental impact – through a unified solution.
Our clients recognise that technology investments must deliver strong returns while meeting heightened responsibility standards. Technology Lifecycle Management delivers this balanced approach, combining operational excellence, financial efficiency, enhanced security, and environmental sustainability without compromise.
Interviewer: Thank you for sharing these insights into solutions making meaningful differences for organisations and transforming technology management practices.
Andrey: Thank you for the opportunity to discuss these important developments.
Download our comprehensive whitepaper, ‘The Circular Opportunity: Harnessing the Power of Product-as-a-Service’.
By sharing these perspectives, we aim to champion sustainable growth solutions and progress meaningful conversations with our partners and clients on opportunities presented by the circular economy transition.
As the global population continues to expand, the construction industry plays a crucial role in meeting the rising demand for housing, infrastructure, and commercial spaces. However, this growth comes with significant challenges, including labor shortages, increasing material costs, and supply chain disruptions. At the same time, sustainability is becoming an urgent concern, as the construction sector accounts for 37% of global emissions and over a third of all waste generated in the EU.
In our latest report, The Circular Opportunity: Harnessing the Power of Product-as-Service, we explore how the construction industry is shifting toward circular business models to address these challenges. One such model, Product-as-a-Service (PaaS), presents a transformative opportunity for the sector by offering an innovative approach to equipment ownership, resource management, and sustainability.
Innovations Driving a Sustainable Industry
Modern, sustainable construction equipment is key to overcoming industry challenges. Technologies such as Machine Learning and Artificial Intelligence are enhancing efficiency and safety, while telematics enables data-driven performance management and remote operations. Additionally, the electrification of construction machinery is helping businesses reduce their environmental impact and comply with evolving regulations, such as diesel bans in certain urban areas.
A New Approach to Equipment Financing
Investing in construction equipment requires significant capital, which can be a major barrier to growth. High upfront costs can slow investment decisions, while the long lifespan of machinery impacts sales and revenue for manufacturers.
The PaaS model addresses these issues by allowing businesses to access construction equipment through planned monthly payments, rather than outright purchase. This model provides customers with essential equipment and support services, such as maintenance, repairs, and data diagnostics, without the financial burden of ownership.
For manufacturers, this transition from one-time sales to lifecycle services enhances customer relationships, accelerates the sales process, and improves profit margins. By integrating PaaS into their business strategies, manufacturers can create more predictable revenue streams while meeting the evolving needs of their clients.
Extending the Life of Construction Equipment
The production of new construction materials is both costly and resource-intensive. Supply chain disruptions and raw material shortages further complicate the process. By adopting a circular model like PaaS, manufacturers can reclaim and repurpose valuable materials, extending the life cycle of their products.
Under PaaS, customers utilize equipment without the responsibility of ownership, while manufacturers retain control over their products’ entire life cycle. At the end of its use, equipment can be refurbished, resold on secondary markets, or responsibly recycled. This approach helps manufacturers mitigate supply chain risks, reduce waste, and support sustainability goals.
Building a More Sustainable Future
As the construction industry continues to evolve, adopting circular solutions such as PaaS can drive both economic and environmental benefits. This model supports Extended Producer Responsibility (EPR) commitments by maximizing product utilization and encouraging durable, sustainable design.
At BNP Paribas Leasing Solutions, we are committed to facilitating this transition. Through innovative financing programs for used construction equipment, including warranties and maintenance contracts, we are helping our partners build a more sustainable future. While progress has been made, many solutions that will drive the circular transition are yet to be developed. We remain dedicated to working with industry partners to explore new opportunities for growth and sustainability.
To learn more about how we can support your business in achieving sustainability goals, contact us today.
For more insights into how PaaS is revolutionizing construction, download our full report.
Komatsu Group, a world leading manufacturer of construction, mining & utility equipment, and BNP Paribas Leasing Solutions, European leader in professional equipment finance, have decided to extend their Cooperation Agreement to the Nordic region.
The Agreement was first launched in 2018 in France, Germany, Italy, and then in Belgium and the Netherlands. As part of the extension, it was launched in Sweden in mid-October before being extended to Norway and Denmark in the years to come. It will allow Komatsu Group to support their clients’ growth and development in this high potential region through finance solutions for their equipment needs.
Arnault Leglaye, CEO of BNP Paribas Leasing Solutions in the Nordics said, “I’m very happy to see Komatsu Finance and BNP Paribas Leasing Solutions join forces to offer innovative and competitive finance solutions to Komatsu’s clients. The fact that this long-term partnership is now extending to the Nordics is only proof of our close collaboration. We are confident of the market potential and our synergies to make it a success.”
Johan Appelros, Sales manager for Komatsu Finance in the Nordic region said, “This is a long-term investment with the goal to offer Komatsu’s Nordic customers with sustainable and favorable investment terms. BNP Paribas Leasing Solutions is the perfect partner for us as we now establish in this region.”