Second-Life Warranties
Reduce Waste. Extend Life. Increase Value.
Our Second-Life Warranties let you adopt the latest technologies, while meeting Scope 3 emission goals.
Aligning sustainability with smart business
Embracing the latest technologies is business-critical for many organisations, helping to boost productivity and attract highquality stakeholders. Yet responsible businesses also wish to be sustainable, a desire which is mandated through European directives and Scope 3 emissions goals.
Global e-waste exceeded 62 million tons in 2022. European regulations such as Corporate Sustainability Reporting Directive and Corporate Sustainability Due Diligence Directive drive accountability for environmental impact. Sharp/NEC Second-Life Warranties align sustainability with smart business practices, delivering long-term value while reducing waste.
Reducing waste and increasing value
Giving exceptional reliability and extended lifecycles, Sharp/NEC products are already sustainable. Now, through our Second-Life Warranty extensions, we are driving the circular economy by enabling partners to refurbish and resell our Large Format Displays with manufacturer-backed confidence. Extending the lifecycle is key to achieving sustainability goals and our manufacturer-certified refurbished displays not only reduce waste, but they also cut costs and unlock new value.
Our Second-Life Warranty initiative is valid for all Sharp/NEC MultiSync® Large Format Displays, inclusive of interactive models, but excluding the MultiSync® E Series.
How does it work?
The end user leases new displays in line with their standard refresh program. At the end of the standard warranty period, typically 3 years, the displays are returned, refurbished, classified, certified and resold, with a manufacturer-backed warranty. This approach provides high-quality, cost-effective solutions that minimise waste and actively contribute to sustainability objectives.
Who is the Lessee?
Owners of large estates, most likely large corporate or government organisations but also higher education, where use of the latest technology is important to them.
Advantages for the End User, the Lessee:
- Minimise downtime and costs with durable, high-quality products.
- Simplify equipment lifecycle with effortless management.
- Transition easily to new models after lease completion.
- Achieve sustainability goals with reduced emissions and waste.
- Align with European directives while fostering a circular economy.
Who is the Lessor?
Traditional leasing companies, but also an opportunity for system integrators to enhance their value proposition by offering an additional service.
Advantages for the Leasing companies:
- Meet sustainability goals and align with circular economy principles and requirements.
- Enhance secondary market product value with second-life warranties.
- Attract sustainability-focused clients, boosting loyalty and competitiveness.
- Reduce refurbishment and repair expenses with vendor-backed warranties.
Who is the Second-Life Buyer?
Start-ups or smaller companies, schools or charities. Any entity that requires reliable AV equipment but has no need for the most up to date features.
Advantages for the Second-Life Buyer:
- Reduce e-waste and carbon footprint, supporting the circular economy.
- Enhance brand image and fulfil sustainability commitments.
- Re-utilise high-quality, affordable products with manufacturer warranty.
- Benefit from scalable, customisable, and reliable technology solutions.
- Showcase sustainability leadership, setting the company apart.
The Leasing Lifecycle
The leasing company liaises with Sharp/NEC to gain a Second-Life Warranty, achieving manufacturer-backed value for a second sale.
1. Product Replacement: Leasing company replaces and returns end-of-lease products for evaluation.
2. Inspection & Categorisation: Assess product condition and functionality for next steps.
3. Review & Certification: Restore, test, and certify products with a Second-Life Warranty (Eco Prime, Eco Select, or Eco Value+).
4. Marketing & Resale: Promote and sell refurbished products with clear warranty terms (3 years, 2 years, or 1 year, or up to 35,000 hours usage).
5. Sustainability Reporting: Track and report environmental benefits, including reduced e-waste.
Second-Life Warranty Certification
Once the products are returned for evaluation, they undergo a thorough assessment based on their physical condition, operational usage, and age. These criteria collectively determine the appropriate certification level under the Second-Life Warranty program, ensuring transparency and quality assurance for the next user.
To find out more about Second-Life Warranties, please contact us at secondlife.sndse@sharp.eu
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