Speedy Hire earns further recognition for climate leadership

SPEEDY Hire has been named a Financial Times Europe Climate Leader for the second consecutive year.

The accolade is awarded to the companies who are most successfully reducing their core greenhouse gas emissions, with Speedy honoured for its record in supporting the decarbonisation of the British construction industry.

The firm is among global businesses such as EDF, Burberry and Vodafone in being selected as a top performer across the 23 countries and 22 sectors assessed by the Financial Times in partnership with Statista.

Speedy holds a Gold rating from sustainability ratings platform EcoVadis, meaning it is in the top 5% of UK businesses for decarbonisation readiness. It also recently received an A- rating for disclosure and environmental performance from the Carbon Disclosure Programme.

Speedy Hire’s ‘Decade to Deliver’ roadmap outlines its sustainability journey for the next 10 years and sets ambitious targets, including the reduction of the company’s Scope 1 & 2 emissions by 50%, and Scope 3 emissions by 42% by 2030.

In the last year, Speedy said it has pioneered sustainable innovation in a bid to reduce its own carbon emissions and those of customers. It partnered with manufacturer Niftylift in July to launch the world’s first hydrogen-electric powered access platform, and acquired Green Power Hire Limited in October, to provide zero-carbon hydrogen-powered battery storage units. It has also announced the launch of Speedy Hydrogen Solutions, a joint venture with AFC Energy to provide zero emission, temporary power solutions designed specifically for the off-grid generation market.

Amelia Woodley, ESG director, Speedy Hire, said, “Our ‘Decade to Deliver’ strategy places sustainability and responsibility at the centre of everything we do. To be recognised for a second year running as a European Climate Leader by the Financial Times is testament to the tangible progress we’ve made as a business on environmental issues and reinforces our ambition to drive decarbonisation in our industry.”