Algeco parent company, Modulaire Group has published its Global Sustainability Report detailing how the global business has placed sustainability at the forefront of strategy and decision-making. 'Sustainable Modular Solutions for a Fast-Moving World' and prepared in accordance with UN SDGs (Sustainable Development Goals), TCFD (The Task Force on Climate Related Financial Disclosures) and UNGC (United Nations Global Compact) Standards, the report discusses Algeco's roadmap to net zero, its wider ESG strategy and KPIs to measure progress.
Modulaire Group is a leading provider of modular services and infrastructure, offering flexible, cost effective, high-quality and timely solutions to help customers in a variety of end-markets efficiently meet their needs for space and remote accommodation. The document sets out the Group's strategy's three key pillars: environment, social and governance (ESG), with circularity, adaptability, and leasing at the core. Its 'loops within loops' model is at the heart of the strategy, which employs circular economy principles to minimise waste throughout its whole operations and activities.
Mark Higson, Group Chief Executive Officer of Modulaire Group, said: "I am convinced that by taking positive action and advancing the ESG Sustainability Strategy in 2022 and beyond we will achieve change at scale to benefit our stakeholders. We see sustainability both as a responsibility and an opportunity for our business. I firmly believe that we have an opportunity to help our customers reduce their GHG emissions through our sustainable products and services. Our portfolio of products and services are already becoming more strategically focused on serving high-growth, sustainable end markets."
Inder Poonaji, Director of ESG and Sustainability added: "Sustainability is embedded in our purpose and is fundamental to everything we do at Algeco. Our approach is based on the principle that we must do social and environmental good, while providing a strong return for our shareholders and customers. This report helps our investors, partners, employees, and customers understand more about how we are growing our business and developing in an inclusive, environmentally conscious way."
Source: www.algeco.co.uk/sustainability
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