The Rent Company
Environmental Thesis
A laptop’s manufacturing process generates approximately 80% of its total lifetime CO2 emissions.
Extending a laptop’s lifespan is more environmentally beneficial than regularly replacing it, even if the new model is more energy-efficient. Repairing laptops is essential for prolonging their lifespan, but research shows that about 55% of privately-owned laptops in Europe go unrepaired, even when it’s feasible to fix them. Moreover, broken laptops are electronic waste, a category which is among the least recycled (less than 40%) and fastest-growing (approximately 8%) types of waste in Europe.
For Ambienta, TRC facilitates repairs for laptops through its service offering and by doing so, extends the lifespan of these devices compared to those that are privately-owned. Consequently, TRC reduces the demand for new laptop production, resulting in significant Material Saved and CO2 Emissions Reduced.
Business
Founded in 2007 and based in Den Bosch, Netherlands, The Rent Company (“TRC”) has pioneered in providing students with affordable access to a digital education through its Device-as-a-Service (“DaaS”) service offering. TRC has scaled to an international platform with a market leading position in the Netherlands, and established a strong presence in Belgium and the UK through both organic growth and strategic M&A. TRC is highly regarded for its high-quality service, reliability and efficient delivery.
Environmental Impact
Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.
For each portfolio company we report its impact in relation to our metrics.
Resource Efficiency
The Rent Company’s contribution to Resource Efficiency is summarized by the following Environmental Metrics
Materials Saved
Pollution Control
The Rent Company’s contribution to Pollution Control is summarized by the following Environmental Metrics:
CO2 Emissions Reduced
Sustainable Development Goals
Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.
For each portfolio company we report its impact in relation to the SDGs.
