SPEEDY Hire’s sustainability achievements have earned recognition after the firm was named as a Financial Times Climate Leader for 2023.
With an EcoVadis silver rating and Carbon Leader status, Speedy Hire revealed it is in the top 2% of businesses in the UK for decarbonisation readiness.
The company is also the first in the hire sector to publicly sign up to science-based targets with the aim to achieve net zero by 2040, ten years ahead of the government’s deadline.
Speedy’s ‘Decade to Deliver’ roadmap, outlining its sustainability journey, will be released in the coming weeks, presenting targets to reduce Scope 1 & 2 emissions by 50%, and Scope 3 emissions by 42% by 2030.
The firm added that its ECO product range now accounts for over half of its revenues, reflecting demand for low carbon solutions. Most recently, Speedy Hire worked with NiftyLift to design and manufacture what has been described as the world’s first hydrogen-powered boom lift.
Amelia Woodley, ESG director at Speedy Hire, said, “Our ‘Decade to Deliver’ strategy places sustainability and responsibility at the centre of everything we do. To be recognised as a European Climate Leader by the Financial Times is testament to the tangible evidence of our progress to date and reinforces our public commitment to continue to lead the industry towards decarbonisation.”
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.
