Algeco Belgium receives gold EcoVadis sustainability rating

Algeco makes its green mark

Algeco Belgium is proud to announce that oursustainability has been rated 'gold' by EcoVadis following an in-depth assessment of our performance in the field of the environment, labour, human rights, ethical practices and sustainable procurement.

This achievement puts us among the top 5% of more than 100,000 business around the globe, spread across more than 175 countries and 200 industries, that have been rated by EcoVadis.

What is EcoVadis?

EcoVadis is a globally recognised organisation that assesses businesses in terms of their sustainability and corporate social responsibility (CSE).

The EcoVadis test focuses on four key themes: the environment, labour and human rights, ethical practicesand sustainable procurement. Businesses are allocated a score ranging from 0 to 100 based on their performance in these categories, resulting in one of the following ranks: no rating, bronze, silver, gold and platinum.

A prestigious award

A gold rating is the second-highest accolade an organisation can receive and only serves to underline our strong commitment tosustainability.

What makes this rating even more special is the fact that EcoVadis has recently tightened its assessment criteria.

Some facts & figures

In line with our commitments, the Modulaire Group recently published its 2023 ESG report.
This report provides a comprehensive overview of our strategic objectives, the milestones we have achieved, and our future plans in the field of sustainability.

To provide just a few specific facts & figures for Algeco Belgium:

45% of the machines in our unit yards are electrified
13% reduction in waste going to landfill (compared to 2022)
23% reduction in water consumption (compared to 2022)
Ecovadis Gold sustainability award

Michel Darleux, Algeco Belgium Managing Director

"I am extremely proud of the entire Algeco team for achieving thisEcoVadis Gold rating.
This successful outcome is the result of our focus on ESG and sustainability as core elements of our corporate strategy.

Our continued progress and improvement in terms of our ESG and sustainability efforts has produced a solid foundation on which we can achieve both our short and long-term objectives , reduce our environmental impact and create social value.

Here at Algeco Belgium, we consider ESG and sustainability not only as an obligation, but as fundamental cornerstones of the way we do business.
We constantly encourage our team to find new ways to enhance our initiatives and embrace a strong mentality when it comes to ESG and sustainability.

Conclusion

The award of a gold sustainability rating byEcoVadis reinforces Algeco Belgium's commitment to promoting improvements in the field of ESG and sustainability.
We remain fully committed to reducing our environmental impact and creating social value, all while providing our customers with innovative and sustainable solutions to their space challenges.

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