Algeco UK launches latest ESG & Sustainability report with 30.7% emissions reduction

Algeco UK, a subsidiary of Modulaire Group, Europe and Asia-Pacific’s leading business services company specialising in modular services and infrastructure, has today published its latest global sustainability report for 2023. It shows that the company is on track to achieve its 2025 goals, with a significant 30.7% reduction of Scope 1 and 2 market-based emissions since 2020.

In the 2023 ESGS report, “Modular Solutions for a circular economy”, the Group outlines the ways in which it is taking action on climate change. The report shares Modulaire Group’s ESGS purpose, strategy, commitments and progress against targets. 

Inder Poonaji (Group ESG & Sustainability Director) said, “Our sustainable circular business model – Loops within Loops – continues to deliver great results for our business and our customers. We are using innovative design solutions to produce modular units that can stay in service longer, going round and round again. It uses less materials and produces less waste. Today, our Group is producing over 30% less carbon emissions, using 55% less water and sending 75% less waste to landfill, all since 2020. We’re proud of our performance and our products.”

Keith Dorling, Managing Director of Algeco UK, emphasised, "Our UK operations have taken significant steps to decrease carbon emissions in line with our group's reduction targets. These actions encompass various aspects of our operations, including the electrification of forklifts and company cars, installation of on-site solar PVs, procurement of renewable electricity, development of low-emission service centres with implementation of energy efficiency measures, while also offering low-emission product options to support our customers' emission reduction objectives. We also prioritise internal awareness training and sustainability campaigns. Our commitment to enhancing operations and providing emission-reducing solutions for our customers reflects our dedication. I'm proud of the collaborative effort and initiatives undertaken at all levels of our organisation to achieve these positive outcomes.

Algeco UK’s key ESGS performance highlights achieved in 2023: 

• 22.97% reduction of Scope 1 and 2 market-based emissions (vs 2020)

• 74.93% purchased renewable electricity 

• 20% less water used (vs 2020)

• 7.9% less waste to landfill (vs 2020)

• 732 paid volunteering hours

• EcoVadis Gold medal

Download the Modulaire Group 2023 ESGS report: Modular Solutions for a circular economy.

About Algeco UK

Algeco is a long-established brand in the European modular services and infrastructure industry, initially formed in 1955. The brand has consistently achieved a string of industry firsts, from creating modular site accommodation to introducing the first stackable modular accommodation in 1965 and, more recently, pioneering innovations in volumetric offsite solutions. Algeco now offers a vast range of physical space solutions, from temporary accommodation and storage solutions for building sites to highly sophisticated design and building permanent multi-storey offsite solutions for businesses and the public sector.

In the UK, Algeco is headquartered in Stockton-on-Tees and offers a huge range of turn-key portable and modular building solutions for hire, including modular site accommodation, portable cabins, secure storage containers and portable toilets, all available from strategically placed regional locations throughout the UK.

Modular buildings for hire offer virtually unlimited spaces with unrivalled flexibility, suitable for quality offices, classrooms, children's nurseries, and health centres and designed to meet individual layout requirements.

Algeco designs and builds permanent solutions that utilise modern construction methods to offer inspirational single and multi-storey spaces designed to meet customer specifications safely, quickly and consistently.

In the UK, Algeco employs 1,000 people and has a turnover of c.£200m. For more information, visit www.algeco.co.uk

About Modulaire Group

Modulaire  is a leader in European modular services and infrastructure. We create smart spaces for people to work, learn and live. Our business helps customers find the right space solution, no matter what their requirements. Modulaire has operations in 23 countries, with over 330,000 modular space and portable storage units, and 4,400 remote accommodation rooms. The company operates as Algeco, its largest brand, across much of Europe and the United Kingdom. 

Other operating brands include Advanté in the United Kingdom, Altempo in France, Algeco Chengdong in China, Ausco and NET Modular in Australia, and Portacom in New Zealand.

Visit the Modulaire Group website to learn more about our ESG performance.