Adapteo Group unveils 2023 Sustainability Report
ADVANCING THE FUTURE WITH 'SPACE AS A SERVICE'
Sweden/Finland, 06 May 2024
Adapteo, a leader in modular space solutions, is proud to announce the release of its 2023 Sustainability Report, marking a significant step in its sustainability journey and responding to the accelerating pace of change and the growing demand for adaptable, circular infrastructure across Europe. Adapteo’s ‘Space as a Service’ model is an increasingly vital component in societal development and the construction sector, focusing on sustainability, flexibility, and value creation.
Key Highlights of the 2023 Sustainability Report:
- Commitment to Net-Zero: Adapteo has committed to setting near- and long-term company-wide emission reductions in line with science-based net-zero with the Science Based Targets initiative.
- Comprehensive Carbon Footprint Mapping: Significant strides have been made to develop robust greenhouse gas emissions reduction plans across all scopes, including a plan to shift to 100% renewable electricity by 2024.
- Waste Reduction and Circular Economy: In line with the aim to continue expanding on its core circular model, Adapteo has achieved a 11.7% reduction in waste per square meter.
- Societal Value Creation at Scale: The company has provided spaces for 6.7 million educational hours in 2023 alone, demonstrating its commitment to community and societal development.
- EcoVadis Gold Recognition: Both Adapteo Sweden and the Group have been awarded the EcoVadis Gold rating, affirming the company's dedication to ESG performance.
Amid the EU's expansion, green transition, and accelerating societal changes, Adapteo's 'Space as a Service' model is designed to meet the increasing demand for flexible, low-impact, high-value, responsible infrastructure solutions. This approach not only addresses immediate space requirements but also lays the groundwork for sustainable community development.
Adapteo’s Chief Sustainability Officer, Dr. Lina K. Wiles, comments, 'Our 2023 Sustainability Report reflects our commitment to not just adapting to industry trends but actively shaping them. 'Space as a Service' is a strategic imperative, particularly as Europe navigates through rapid changes and an urgent green transition. Temporary and modular space solutions are fundamental to meeting the needs of both public institutions and private companies in our fast-evolving world – now more than ever.’
The 2023 Sustainability Report is a testament to Adapteo's resolve to lead by example in an industry traditionally resistant to change. The company invites stakeholders, partners, and the community to explore the full report, available at https://adapteo.com/sustainability/
For further information, please contact:
Zoey Tsopela
Head of External Relations
Zoey.tsopela@adapteo.com
About Adapteo
Adapteo is a leading provider of premium, modular space solutions to meet diverse social infrastructure needs across Europe. With a focus on adaptability, environmental responsibility, and community development, Adapteo is advancing the industry’s approach to learning, living, and working environments. Adapteo has a building portfolio of 1.5 million square meters and branches in Sweden, Finland, Norway, Denmark, Germany, Belgium, the Netherlands, and the Baltics. Goldman Sachs Asset Management acquired Adapteo Group in 2021.
www.adapteo.com
