This part of the Toolkit explains how Chemical Leasing can be used as a modern policy instrument for the sustainable management of chemicals. It shows how Chemical Leasing fits into a broad context of international and national initiatives and obligations, and is intended to help policy- and decision-makers bring fresh momentum to chemical management and sustainable production.
Chemical Leasing has a wide range of applications. It can help companies meet the targets of public sector programmes, mechanisms and initiatives for the responsible management of chemicals. It can be applied to local projects as well as regional initiatives such as those related to the EU regulation REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals).
With its potential for reducing costs, waste and worker exposure, Chemical Leasing is fully in line with the Strategic Approach to International Chemicals Management (SAICM) and is aligned with initiatives such as the Resource-Efficiency and Cleaner Production, Green Industry, Sustainable Chemistry and Responsible Care. Chemical Leasing also shares the goals of the global chemical conventions known as Stockholm, Basel and Rotterdam.
It is also evident that there is a close connection of Chemical Leasing to the circular economy approach. Implementing Chemical Leasing strengthens the cooperation of different actors along the supply chain, thus fostering exchange of know-how, life cycle and zero-waste thinking. Chemical Leasing encourages to reuse and recycle chemicals and to install of closed loop systems.
From a business perspective, Chemical Leasing fully fits in with voluntary sustainability reporting tools and management systems. Chemical Leasing can help companies meet legal requirements relating to, for example, substance control, environmental permits, and occupational health and safety requirements. Applying Chemical Leasing can be a way of limiting the use of harmful chemicals to specific trained and knowledgeable operators who can be monitored closely.
See Policy applications for policy makers