Sustainability of the environment

Modern equipment rental is at the core of the circular economy

When you rent construction equipment, you make a scientifically proven better choice for the environment than buying it. This is based on the fact that in efficient rental usage, the actual utilization rate of an individual machine is high. In other words, more work can be accomplished with the same machine.

Sharing resources reduces the consumption of natural resources and energy. It is also economically sensible and efficient.

Independent studies have shown that renting reduces the life cycle carbon footprint of construction equipment by about 30%, sometimes even over 50%, compared to ownership, depending on how the machines are used. (Carbon footprint of construction equipment, 2019, Climate Neutral Group, CE Delft & SGS Search)

The emission reduction provided by the service to its user can also be described using the concept of carbon handprint. Carbon handprint focuses on the portion by which the baseline is improved, i.e., the achieved benefit.

The most significant impact on the carbon footprint is influenced by the utilization rate of machines, the use of machines suitable for their purpose, logistics, and maintenance. With current technology, these aspects can be measured, optimized, and proactively managed.

Unnecessary emissions occur, for example, when construction machines are manufactured beyond the actual market need, machines stand unused, break prematurely, or when the wrong size or type of machine is used for the job. We address solutions to these challenges in our series covering 7 construction and machinery-related issues.

In the circular economy, there is no constant production of new goods; instead, the value of existing products and materials is maximized for as long as possible. The sharing economy is closely related to the circular economy, emphasizing the economic mindset where the opportunity to use goods, services, and commodities is more important than owning them.

Collaboration, transparency, data utilization, and digital platforms enable the development of the circular and sharing economies. Circular and sharing economies provide answers to the conflict between economic growth and the environment.

With Renta’s digital solutions, equipment rental can be refined to be more environmentally friendly, efficient, and seamless.

In addition to process improvement, Renta is developing the supply of environmentally friendly machines and material management.

Renta is heavily investing in fully electric machines, such as lifts, counterbalance forklifts, and wheel loaders.

In line with the spirit of the circular economy, Renta is committed to reducing the amount of material used in packaging, using more sustainable materials, and increasing recycling rates. Simultaneously, waste sorting is streamlined.