By 2030, the world will look very different from today – and asset finance must act to keep up with the growth in green outlooks, a newly-launched report concludes.
In a new whitepaper, ‘Green growth for asset finance companies’, SaaS (software-as-a-service) open finance technology company Solifi reveals how asset finance companies can redefine the business landscape over the next decade by making a conscious effort to support greener assets for their customers.
Lenders will reap the rewards of the growing circular economy if they can quickly pivot to develop new products that support this green transition. Insights for the whitepaper include findings from an in-depth interview with Jochen Jehmlich, CEO of Société Generale Equipment Finance, who describes how whole sectors will fund new equipment, such as cars and trucks, with their asset finance partners as part of a drive to electrification.
The report also examines the delicate balancing of risks involved in change, such as managing residual values of current assets and being able to accurately forecast future values for newly-acquired green equipment.
The full report is available to download now, courtesy of Solifi, using the form below. You can also visit www.iafnonline.com to see an on-demand recording of the full interview with Jochen Jehmlich and a range of other asset finance leaders as part of the Solifi Fireside Chats series of online interviews.