Mcgrath Rentcorp
McGrath RentCorp, a leading provider in the modular space and portable storage industry, is headquartered in the United States. Founded in 1979, the company has established a strong presence across various operational regions, including the West Coast and the Midwest. McGrath RentCorp offers a diverse range of products and services, including modular buildings, storage containers, and electronic test equipment rentals, distinguished by their commitment to quality and customer service. With a focus on providing flexible and innovative solutions, McGrath RentCorp has achieved significant milestones, positioning itself as a trusted partner for businesses in construction, education, and government sectors. The company’s dedication to sustainability and efficiency has earned it a notable reputation in the market, making it a preferred choice for clients seeking reliable and cost-effective rental solutions.
DitchCarbon Score
How does Mcgrath Rentcorp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mcgrath Rentcorp's score of 46 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mcgrath Rentcorp's reported carbon emissions
In 2023, McGrath Rentcorp reported total carbon emissions of approximately 6,512,000 kg CO2e, with Scope 1 emissions accounting for about 6,512,000 kg CO2e and Scope 2 emissions at approximately 1,751,000 kg CO2e. This represents a significant reduction from previous years, with total emissions decreasing from about 11,003,000 kg CO2e in 2020 to 8,292,000 kg CO2e in 2023. The company has set ambitious climate commitments, aiming for net zero emissions by 2030. This target encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing their carbon footprint. Notably, McGrath Rentcorp has achieved a 45% reduction in energy usage since their baseline year of 2019, normalised for the divestiture of Adler Tank Rental and the acquisition of Vesta Modular. Overall, McGrath Rentcorp's proactive measures and clear reduction targets position them as a responsible player in the industry, committed to addressing climate change and minimising their environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 9,707,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,972,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mcgrath Rentcorp is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
