SPEEDY Hire has announced it has achieved a CDP (Carbon Disclosure Project) A- ranking, up from its previous score of B only a year ago.
The achievement has been attributed to the company’s commitment to sustainable practices, environmental transparency, science-based targets, data and reporting.
A CDP score provides a snapshot of a firm’s disclosure and environmental performance. To earn an A/A- score from CDP, organisations must show environmental leadership, and disclosing action on climate change, deforestation or water security.
Three years ago, Speedy Hire achieved a D rating which is awarded as a starting point in disclosing data. This A- rating now puts the business in the leadership category ahead of the Europe-wide average score of B and industry average of C.
As part of its wider ‘Decade to Deliver’ ESG strategy, Speedy has set targets to reach net zero emissions by 2040, ten years ahead of the government deadline with clear steps to reduce Scope 1 & 2 emissions by 50% and Scope 3 emissions by 42% by 2030.
The hire specialist has had its net zero targets validated by the Science-Based Target initiative (SBTi), and received a gold rating from Eco Vadis.
Amelia Woodley, ESG director at Speedy Hire, said, “We are proud to have achieved this prestigious A- ranking by CDP which places us on the leadership board worldwide for our carbon disclosures, science-based targets and net zero initiatives of the past few years. Moving from a D score to an A- in such a short time demonstrates how important thorough data collection and transparency is in the journey to achieving net zero.”
