Rental is an inherently sustainable model. By renting equipment, companies and individuals can contribute to a more sustainable world in various ways
Comparison between Renting and buying the equipment.
Construction companies and other rental customers can access equipment when required which improves efficiency. They don’t need to buy a separate one for every individual.
Following the first point, you will only rent when it’s required or necessary rather than just buying for one-time use and then it’s just junk or garbage at your place.
Rental companies search for the best equipment and way to use it according to the needs of customers.
You will usually put the equipment in a store room after using it and it turns into waste there but rental companies take care of their equipment through monthly service and repair and when it’s still possible they recycle them.
Rental contributes to lower carbon emissions
The rental business model stimulates the efficient use of the equipment and that this efficient use lowers the total carbon footprint. Depending on specific user practice, this can lead to significant reductions, in the range of 30% and sometimes up to 50%.
The parameters with the biggest influence on the carbon footprint of equipment are:
The intensity of use – maximizing the utilization rate could reduce the amount of equipment required
Using the right equipment for the job
Transportation- shorter distances and higher load factors
Maintenance – allowing extended lifetime
Rental companies work with sustainable supply chains
Because rental companies cannot offer their services without first acquiring the equipment, it is necessary to ensure that this equipment has been manufactured in a sustainable and responsible manner.
A framework that helps rental companies to define minimum sustainability requirements and aspirations for all suppliers. These common requirements relate to the areas of:
Human rights and working conditions
Health and safety
Responsible sourcing of components and raw material
Environmental performance
Business ethics
Product sustainability performance
