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Sustainability Strategy

Being a responsible, sustainable business is one of our founding principles for future profitable growth.

For our National and Regional customers who have their own stretching sustainability targets, we are providing the latest, most innovative commercially sustainable products on the market.

Our ECO products now account for 55% of our revenue, demonstrating customers’ increasing demand and our commitment to reducing carbon emissions. For trade and retail customers, hiring is a sustainable way to solve the problem of purchased tools being used infrequently and getting old instead of being used.

Hiring tools delivers carbon and waste savings while helping people save money and space. And for us, leading the sustainability agenda will not only futureproof our commercial offering, but it is simply the right thing to do for our environment, our people, and the communities we operate in.

Our ambition is to start a revolution that changes the way people see hire, bringing this great sustainable choice to more people, places and products than ever before. It’s time for change, and the faster we can deliver it, the sooner we can make this the decade of sustainable hire.  

We aim to cement a position as the Green Icon of Hire by:

  • Accelerating innovation: Investing in eco products to reach 70% by 2027 and implementing circular economy solutions.
  • Developing climate solutions: Offering net zero solutions and carbon and ESG reporting across our value chain, becoming Nature Positive by 2030, and a net zero business by 2040, ten years ahead of the UK Government target.
  • Including Everyone, by focusing on diversity, equity and inclusion, social values and wellbeing.
  • Being a positive force as part of the community by supporting local charities, communities and local businesses, customers, and supply chain partners.  

 

Visit our ESG section for more information.

2024 ANNUAL REPORT

Read our latest ESG Report in our 2024 Annual Report

Speedy Hire reports and presentations

Our Sustainability Strategy

Read more about our ambitious Decade to Deliver Eco Strategy

Financial Markets and the Drive to Sustainability

Hear about changes in the financial sector which are now driving changes in the business world to adopt more and improved ESG initiatives.

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FY2024

55%

of our revenue from ECO products

63%

of hire fleet investment in sustainable products to meet the increasing demand from customers

601

Electric and hybrid commercial vehicles equating to 57% of our hire fleet

63.5%

annualised energy consumption reduction in our Service Centre Network

An award winning ESG strategy and performance
PLEASE VIEW OUR AWARDS BELOW:
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FT Climate Leader
Named as a Financial Times European Climate Leader for 2023 and 2024, the only hire company to rank, and scoring the second highest among construction companies.
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HAE CSR and Sustainability Award
HAE (‘Hire Association Europe’) Winners of the CSR and Sustainability award for our Decade to Deliver Strategy and Best Use of Media award for our Net Zero 2023 Virtual Conference.
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Exponential Roadmap Initiative
The only hire company, globally, to be accepted by the Exponential Roadmap Initiative and the United Nations Global Compact.
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Supply Chain Sustainability School Gold
Received Gold status for the Supply Chain Sustainability School Plant Charter, underlining our commitment to taking action to reduce emissions from our equipment.
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Science Based Targets Initiative
The first company in UK hire to have our near and long-term science-based targets to achieve net zero carbon emissions by 2040 validated by the Science Based Targets initiative (‘SBTi’), further enhancing our accountability-focused leadership in sustainability.