VOLVO Construction Equipment (Volvo CE) has won the Best Sustainable Rental Project of the Year Award for its energy management at the 2020 European Rental Awards.
The awards are organised by the European Rental Association (ERA).
Volvo explained the energy management initiative that secured the award is just one of the manufacturer’s projects which focus on environmental care.
Volvo CE has been a member of the WWF Climate Savers program since 2012 and its 2015-2020 commitment was about making a significant reduction in global energy consumption and therefore CO2 output throughout the value chain, demonstrating industry leadership and developing innovations towards a low carbon society.
In the last five years, the company has implemented more than 50 GWh’s of energy savings; switched half of its global energy supply to 100% renewable sources; reduced its idle electricity use by 48%; reduced its energy use per unit delivered to its customers by 27%; and started a journey of CO2 neutral production facilities.
Niklas Nillroth, VP sustainability & public affairs at Volvo CE said, “Volvo CE’s purpose is to build the world we want to live in, so we are extremely proud to win this award which recognises our sustainability efforts towards that goal. Our energy management approach has delivered significant benefits to the rental industry at a product lifecycle level, and we believe that the cultural approach taken can be shared and adopted by rental companies of all scales and sizes.”