Sustainability
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Finance plays a crucial role in creating social value. By embedding social value into our financial planning and decision-making, we can allocate resources more effectively to deliver positive impact. This approach enhances accountability, strengthens how we measure outcomes, and ensures that we create benefits not only for our business, but also for our people, customers, communities, wider society, and the planet.
Our ESG Purpose
At Algeco, we create smart spaces for people to work, learn, and live. We work with purpose: to help generate economic prosperity, to do social good and promote environmental responsibility through our people and products.
Driven by Modulaire Group and aligned with leading frameworks such as the UN Sustainable Development Goals (SDGs), UN Global Compact (UNGC) Principles, Science-based Target Initiatives (SBTi), and the Task Force on Climate-related Financial Disclosures (TCFD), we continuously improve our sustainability performance through responsible governance, practices, and innovation.
- Environmental: We provide sustainable, circular solutions through our Loops within Loops strategy and work to improve supply chain sustainability. By designing and delivering energy-efficient, low-carbon solutions using clean technology where possible, we aim to reduce our impact on energy, carbon, water, waste, and biodiversity.
- Social: We foster a safe, inclusive, and diverse environment for people, contractors, and visitors. We encourage organisational change to meet our ESG commitments and empower our people to create value for customers, suppliers, and communities through focused initiatives.
- Governance: We strictly comply with all applicable ESG & Sustainability statutory requirements and pursue sustainable growth through responsible governance, stakeholder engagement, and alignment with principles such as the UN SDGs, UNGC, SBTi, and TCFD.
- Sustainability: We adopt leading frameworks in our operations and reporting, including the UN's Global Compact Principles and Task Force on Climate-Related Financial Disclosure (TCFD).
Highlights from our latest Social Value Report:
• 30% reduction in global Scope 1 and Scope 2 market-based emissions vs 2020;
• 67% less waste to landfill since 2020 per product unit
• 885 hours of volunteering