Speedy has been recognised as an industry leader in Environmental Social Governance (ESG) practices by the Institutional Shareholder Services group of companies (ISS). ISS’s analysis of 57 publicly listed industrial services firms found Speedy to have the top performing ESG strategy, accrediting the hire provider with its ‘prime’ status.
Speedy’s achievement follows the development of its ESG strategy, Energise, and its commitment to reducing the environmental impact of its business, improving social responsibility, and delivering robust governance.
Over the last 12 months, the company has made several multi-million-pound investments in low carbon equipment. Speedy has recently refreshed its company car list which is now almost entirely hybrid and electric. The business appointed its ESG director, Amelia Woodley, to the executive board in 2023. This shows the commitment by Speedy to reducing our carbon emissions.
Amelia said: “We are proud of the progress we’ve made so far in driving positive change for our people, customers, and the wider supply chain. But we want to do more, and we look forward to accelerating change as we expand our Energise strategy.”
Speedy Hire, the UK’s leading construction equipment hire and specialist service provider has been named as a Financial Times Climate Leader for 2023.
With an EcoVadis silver rating and Carbon Leader status, Speedy Hire is positioned in the top 2% of businesses in the UK for decarbonisation readiness*. The British business is also the first company in the hire sector to publicly sign up to science-based targets with the aim to achieve net zero by 2040, 10 years ahead of the Government’s deadline.
In addition to focusing on its network, fleet and logistics, Speedy Hire leads on product innovation through collaboration with its supply chain partners. Its ECO product range now accounts for over half of its revenues, reflecting the demand from customers for low carbon site solutions.
The annual list compiled by the Financial Times in partnership with Statista, elects 500 European and UK companies that lead their industry in environmental performance and credentials towards achieving net zero by 2050.