The Remanu-Leasing Model Towards a Convenient and Sustainable Product Circularity

In recent years, a circular economy model has been established to promote sustainability. The model supports a service-oriented approach where leasing-based strategies can be applied to part and component use (multiple use) and recovery and rearrangement. Product leasing can recreate value in each cycle for both the lessor (i.e., remanufacturer) and the lessee (i.e., consumer). Nevertheless, there is not a clear vision/perspective about the effectiveness in sustainability of a leasing-based model in terms of a product’s environmental impact. Furthermore, the benefits generated by the leasing contract should be balanced between the involved agents. In this work, the authors introduce the concept of remanu-leasing, proposed as the optimal configuration of a leasing contract aimed at balancing and maximising lessor and lessee interests while minimising the product’s environmental impact.