Our Sustainable Finance Framework has been externally verified by KPMG, confirming its alignment to the Green Loan Principles and Social Loan Principles. Through our sustainable finance programme, customers can now enter Sustainable Leases with MCL. This programme will be externally reviewed on an annual basis.
We will provide comprehensive sustainability reporting that demonstrates the impact of your Sustainable Lease.
Sustainability is at the heart of MCL Capital's business model.
Organisations are increasingly conscious of how their activities are impacting the environment and society around them.
Producing a Desktop PC generates 600kg of Co2 emissions on average. ?
When it comes to reducing the impacts on the environment, strategies that extend the useful life of assets play a vital role. With MCL’s leasing model, this is achieved through the hands of multiple users.
How are MCL Capital part of this drive for sustainability?
When our customers return leased assets, we process them in accordance with our priorities to:
Refurbish : Reuse : Recycle
Compared to ownership, MCL’s lease model achieves significant and measurable financial and environmental outcomes.
In fact, more than 99% of all the assets leased by MCL Capital are Refurbished and Reused, rather than Recycled.
The remaining <1% is processed at certified, local e-waste recycling facilities, where materials are separated and added back into the manufacturing process, diverting waste from landfill and enabling the circular economy.
We see a future where all kiwis, especially our rangatahi have access to a digital device.
Lack of access to a digital device places an unfair disadvantage on already marginalised communities. This impacts engagement with online services and especially hinders education, health and development opportunities.
Customers can opt into a model where end of lease devices are redirected to causes that address the digital divide.
For more information on MCL’s social impact program, please arrange a discovery session with us.