Social
Social Value - our commitment to society
Social Value is the contribution that an organisation makes to society by delivering economic prosperity, social good and environmental responsibility. It forms a part of our Loops within Loops business strategy and can be measured by proxy or actuals, through quantitative and qualitative approaches.
At Algeco UK, we are in the process of listening, engaging and collaborating with our stakeholders to learn more about the social value our activities can deliver.
Our key social focus areas are to deliver modular solutions by providing smart spaces that benefit the communities where we operate, to provide a safe and healthy working environment for our employees, and to foster a diverse and inclusive culture.
Providing Safe Spaces
Our modular solutions are used for schools, healthcare facilities, housing and other vital social infrastructure. As we develop new products and solutions, and adapt and reuse existing units, we work closely with our customers and the communities that they support to ensure that we deliver a positive social benefit.
One of our recent projects - Hatchlands Primary was built to high sustainability standards and achieved a BREEAM Very Good rating. This means it is within the top 25% of buildings in terms of sustainability, aligning with the goals of Reigate and Banstead Borough Council.
Want to learn more about our approach to sustainability in construction? Get in touch.
Focused on safety
Algeco UK is committed to ensuring the continuous improvement of health and safety at work and will ensure it remains a core business value. We believe that all incidents of personal injury and occupational ill health are preventable.
All employees, contractors and visitors have a right to expect a safe place of work and Algeco UK is committed to providing the highest standards of occupational health and safety to safeguard the wellbeing of all those working, visiting or living near our operations.
Promoting equality, diversity and inclusion
Algeco UK is committed to encouraging equality, diversity and inclusion (EDI) and eliminating unlawful discrimination. We extend this commitment to our customers, suppliers, stakeholders and members of our communities where we operate.
We seek to create a fair and inclusive workplace environment where people can be free to be themselves no matter what their identity or background. We will ensure that each employee is respected and valued so that everyone can reach their fullest potential and contribute.
Promoting Social Enterprises
We have sourced and introduced a range of products from Social Enterprises, offering our customers the same specifications (or better), whilst making a positive impact for social good.
The new Algeco UK product range includes building signage, drinking water dispensers, period products and flooring.
We are offering internal and external signage from a Social Enterprise that provides job opportunities for vulnerable people where more than 75% of the workforce has a disability or a health condition.
The flooring is made by a Social Enterprise that redirects discarded carpet tiles, grades them and supplies them to community organisations and businesses across the UK.
These partnerships are delivering benefits for all parties and each product generates a Social Return on Investment. Learn more about our Social Enterprise Partnerships here.
Volunteering & Community Engagement
Each of our employees are entitled to take one (paid) day to volunteer for a cause or a charity at their choice. Every year, our Charity Committee also facilitate an internal vote to identify a company's charity, for which we commit to raise funds. We also offer apprentices, host study tours, and engage with local communities to develop knowledge and skills of the sector and ESGS in young people.
Sustainable modular solutions for a fast-moving world
Download our latest ESG & Sustainability Report