Rigby Capital, Lombard and SCC, are delighted to have won Asset Finance Connect’s Environment Award 2024

The collaboration which provides end-to-end technology services as a single ‘as-a service’ solution, enabling customers to invest in technology and reduce their electronic waste – was launched in November last year.  A key goal is to prevent over a million electronic devices such as company mobile phones and laptops from becoming landfill over the next five years.

The team felt justified in entering the very popular Environment category at Asset Finance Connect’s prestigious Summer Awards against some very notable names within the industry. 

Celebrating the win at a gala ceremony in London, Rigby Capital’s MD Simon Everidge said: “It’s great to receive external recognition of our combined efforts to drive sustainability throughout our extended value proposition. This award is testimony to the importance of this topic in our industry, and recognition of the progress we are making as a collaboration for the benefit of all our customers”.

Andrew Kilheeney, MD, Lombard – Wholesale and Specialist Business was also at the event and said: “Everyone at Lombard is delighted to receive this joint award. Our unique, industry leading, collaboration with Rigby Capital and SCC enables us to support UK businesses in achieving cost effective, climate focused IT solutions – delivering real value for our customers.”

In addition, Matt Dredger, General Manager Payment Solutions at SCC stated that the award is: “a great reinforcement of the mission of our collaboration to ensure as many units as possible do not reach landfill by helping our clients to enter the circular economy”.

Background to the collaboration:

The collaboration offers businesses access to an end-to-end ‘as-a service’ solution; supporting them through a single contract to invest and install hardware and software they need, manage the services they require; and refresh, recycle and re-use IT assets at the end of their lifecycles.

By making IT expenditure an operating expense rather than a capital outlay, businesses will be supported to manage their expenditure and reduce their costs, whilst they work towards achieving their ESG targets by reducing their electronic waste and supporting the circular economy.

A key element of the initiative is to prevent over a million electronic devices such as company mobile phones and laptops from becoming landfill over the next five years. The collaboration enables businesses to improve the efficiency of their IT estate, whilst reducing the environmental impact involved in the refresh of assets.

How the collaboration works:

Lombard leads the customer relationship, structure the transactions, and make it easier for businesses to access the finance they need to secure the assets that will help them to thrive. Lombard provide the funding that underpins all the collaborations transactions.

Rigby Capital delivers the in-life management, asset management and billing administration using specialist tools systems and processes designed 100% to work for IT funding.

SCC’s ‘as-a-Service’ solution provides a complete service package from device or technology supply and configuration through to management, decommissioning and refurbishment (through SCC Recyclea) via an all-inclusive monthly amount.