Remanufactured products have tax exemptions… and other advantages.
The trend towards the use of remanufactured products leads us towards a more sustainable world, with less tons of waste, better use of resources and the search for a neutral environmental impact. Reducing CO2 emissions must be a global objective if we are to mitigate the effects of climate change.
It is here that companies also play a predominant role, raising awareness and investing in favor of the circular economy, giving their business added value with a sustainability certificate that confirms their commitment to the sustainable management of their printing resources.
On the road to sustainability, Europe is leading the way, although there are big differences between countries. France is one of the most prominent countries in terms of defending the circular economy with “the law against waste” passed in 2020 as a key instrument in the fight against the production of waste and the reuse of resources. Italy, for its part, has promoted public funds for innovative companies that mitigate the impact of carbon emissions and defend the sustainable economy. Belgium and Luxembourg are clear precursors of circular economy while Germany, being the leader in waste management, has a clear margin for improvement in this aspect. As for Spain, although it is true that it stands out in resource efficiency, there is still a long way to go due to lack of awareness, political barriers and low public and private investment. Sweden reduced VAT from 25% to 12% for remanufactured, re-used or repaired products to reduce waste and mitigate carbon emissions. It even allows half the cost of labor to be deducted from income tax when it comes to repairs of large household appliances, always with the aim of extending the useful life of consumer goods and fighting against planned obsolescence.
Outside the incentives coming from the legislation of each country, sustainability has found an unexpected ally in the supply chain crisis. Suddenly, supplier proximity has proved key to keeping printers in business in many companies. Without going so far as autarchy, the availability of remanufactured cartridges from a nearby company has prevented many activities from having to stop production due to the inability to print critical documents such as checklists, delivery notes, etc. It is under this very circumstance that many companies have discovered the true value of extending the useful life of their equipment.
The quest for neutral impact is not only the objective of increasingly strict regulatory standards, but its calling card is beyond any doubt and elevates companies on the social ladder and in their commitment to the society around them.
Nubeprint maintains a strong commitment to sustainability and facilitates the optimized use of reused cartridges as well as their management in a circular economy.
Source: Coöperatieve Circle Economy U.A, Amsterdam / construcia.com / Nubeprint