Rentalworks Singapore Commitment To Sustainability Reporting Through SGTechs Sustainability Guided Program SGP

Commitment to Sustainability Reporting through SGTech's Sustainability Guided Program (SGP)

We are excited to announce that Rentalworks Singapore is taking a major step towards fulfilling our Environmental, Social, and Governance (ESG) goals. We have officially embarked on our first sustainability report through the SGTech Sustainability Guided Program (SGP). This initiative is a testament to our dedication to adopting sustainable practices across our operations. Our participation in the SGP reflects our pursuit of the highest standards in sustainability and our ambition to develop innovative initiatives that not only benefit our organization but also extend to our clients. By aligning with our sustainability efforts, clients will experience reduced environmental impact and increased operational efficiency, contributing to their own corporate sustainability goals.

Our participation in the SGP reflects our pursuit of the highest standards in sustainability and our ambition to develop innovative initiatives that not only benefit our organization but also extend to our clients. By aligning with our sustainability efforts, clients will experience reduced environmental impact and increased operational efficiency, contributing to their own corporate sustainability goals.

Why This Matters:

Positive Environmental Impact: As we extend the lifecycle of IT assets, our initiatives help reduce e-waste and carbon emissions.
Client Benefits: Our sustainability efforts offer clients the opportunity to enhance their own ESG strategies by integrating eco-friendly practices into their IT infrastructure.
Commitment to Innovation: We are continually seeking new ways to improve operational sustainability, focusing on energy-efficient technologies and waste reduction.

Join us on our journey toward creating a sustainable future. Together, we can make a positive impact on the environment while achieving greater efficiency and innovation.

From Device Leasing to Workspace Solutions: How Rentalworks is leading the charge for Sustainable IT

Rentalworks, under the leadership of Managing Director Alan Puah, provides businesses with an innovative approach to technology management by offering end-to-end device lifecycle services and leasing solutions. The company’s focus on sustainability aligns with the growing global demand for environmentally responsible practices, making them a key player in reducing e-waste and optimizing IT operations.

“Our services cover everything from providing hardware to tech support. We refurbish and repurpose devices to extend their life cycle, contributing to a more sustainable future,” Alan said. This business model allows companies to lease IT devices such as laptops, desktops, and tablets, reducing the need for outright purchases and thus mitigating waste.

Expanding Into Workspace-as-a-Service

Building on the success of its device leasing solutions, Rentalworks has also expanded into the Workspace-as-a-Service sector. This offering includes a broad range of IT devices used in modern workspaces, such as printers, servers, and connectivity equipment. This service is particularly valuable for businesses transitioning to hybrid work arrangements, allowing them to adapt flexibly to the needs of their employees while maintaining control over their technology infrastructure.

“Our aspirations are focused on both growth and sustainability. We aim to expand our services across ASEAN countries, with immediate plans to enter new markets like Malaysia, Singapore, and Indonesia,” Alan emphasized.

A Vision for Growth and Sustainability

Rentalworks’ long-term goal is to capture 50% of the market share across ASEAN within the circular economy space. The company’s ongoing efforts to refurbish and repurpose technology not only help reduce carbon emissions but also contribute to overall environmental sustainability across the region.

In addition to device repurposing, Rentalworks continues to enhance its AI-driven tech support and channel its innovative energy toward meeting clients’ evolving technology needs.

A Circular Approach to IT

By embracing a circular economy approach, Rentalworks is empowering businesses to make more sustainable choices when it comes to managing their IT resources. With a strong commitment to integrating refurbished IT devices into their offerings, Rentalworks is setting the standard for sustainable business practices in the technology leasing industry.

Emerging Enterprise Sustainability Award 2024 Finalist

Rentalworks Group receiving the Emerging Enterprise Sustainability Award as one of the finalists, presented by Senior Minister of State for Trade and Industry, Low Yen Ling. PHOTO: OCBC

We are delighted to be among the finalists for the Emerging Enterprise Sustainability Award 2024. We would like to extend our heartfelt gratitude to OCBC and The Business Times for acknowledging our efforts and commitment to creating a more sustainable future. This esteemed recognition not only validates our initiatives but also inspires us to continue pushing the boundaries of what is possible in sustainability.

Rentalworks is committed to being the leading IT Lifecycle Asset management provider in Singapore and the region, championing the circular economy. We assist companies in achieving their sustainability objectives and minimizing e-waste. This approach not only benefits our clients by maximizing their resources and lowering expenses but also positively impacts the environment by encouraging responsible consumption and waste management practices.

Rentalworks was featured in The Business Times for our significant contributions to sustainable solutions and circular futures, showcasing our impact and leadership in promoting sustainability and the circular economy.

The Star ESG Positive Impact Awards 2023

Rentalworks Wins Gold Award for Responsible Consumption and Production at The Star ESG Positive Impact Awards 2023!

We are honored to announce that Rentalworks has received the ESG Positive Impact Award for Responsible Production and Consumption (GOLD). This prestigious recognition underscores our commitment to sustainable practices, aligning with our business model centered around the circular economy. By promoting rent, refurbish, and repurpose devices, we help businesses reduce e-waste, extend device lifecycles, and lower their carbon footprint.

This award reflects our dedication to responsible technology management, contributing to sustainable development goals (SDG 12) and ensuring that our operations have a positive impact on both the environment and society.

Through this model, we offer businesses an opportunity to reduce their carbon footprint by maximizing the use of IT equipment and minimizing the need for new device production. Each step in Device-as-a-service model, from provisioning to disposal, is designed with sustainability in mind. The ESG Positive Impact Award for Responsible Production and Consumption validates our efforts and highlights the impact we are making in driving responsible consumption patterns across industries.

This award also demonstrates our alignment with the United Nations Sustainable Development Goals (SDGs), particularly SDG 12: Responsible Consumption and Production. The goal focuses on ensuring sustainable management and efficient use of natural resources while minimizing waste generation through reduction, recycling, and reuse. By offering businesses a smarter and more sustainable way to manage their technology needs, we contribute to this global objective.

Our customers benefit not only from cutting-edge technology but also from a solution that aligns with their corporate sustainability strategies. We support them in achieving their environmental, social, and governance (ESG) targets by providing them with responsible options that reduce the negative environmental impact of traditional IT procurement and with a Device Circularity Report.

Our efforts to promote sustainable production and consumption extend beyond providing leasing solutions. We are also focused on raising awareness and driving change within our customer base and the wider community. By showcasing the long-term benefits of adopting a circular economy model by providing Rentalworks ThinkZero program, we encourage businesses to rethink how they approach technology management, creating a ripple effect that promotes sustainability across various sectors.

Receiving the ESG Positive Impact Award for Responsible Production and Consumption is a proud moment for Rentalworks. It solidifies our position as a leader in sustainable technology management and reflects our commitment to shaping a more sustainable future. By choosing Rentalworks, our partners and clients are not only accessing top-tier technology solutions but also joining us in a shared mission to protect the planet and create lasting, positive change.

We look forward to continuing our journey towards a greener, more sustainable future, with responsible production and consumption at the heart of our mission.