SPEEDY Hire has launched a new biodiversity footprint assessment of construction hire equipment.
For the first time, customers will see the biodiversity impact of the equipment they hire.
Developed in partnership with the nature services team at engineering, management and development consultancy Mott MacDonald, the score is calculated as part of a biodiversity footprint assessment.
A biodiversity footprint works in a similar way to a carbon footprint, but instead of measuring greenhouse gases, it estimates how human activities affect nature. A full biodiversity footprint considers factors such as land use, water consumption, and resource extraction.
It translates these environmental pressures into a single number that reveals how much of our activities contribute towards an annual rate of global species loss. While an estimate, this score helps understand biodiversity impact in new ways.
For Speedy Hire, its Biodiversity Impact Score links equipment level carbon emissions to impacts on nature, bringing previously inaccessible nature data directly to customers. The insights are integrated into the myspeedy app, enabling users to see which equipment they have hired, the associated carbon impact, and the related implications for nature.
The launch follows Speedy Hire’s first submission to the voluntary Taskforce for Nature related Financial Disclosures (TNFD), where the company publicly disclosed its nature-related risks and opportunities.
Julia Baker, technical director, nature services at Mott MacDonald, said, “Nature positive commitments are rising across UK construction, but they must turn into real action. With its Biodiversity Impact Score, Speedy Hire is giving customers a powerful way to turn intent into real, positive change for nature.”
Matthew Pygott, head of net zero at Speedy Hire, added, “By holistically bringing together carbon emission reporting with nature reporting, we are bringing compelling narratives to customers for new product solutions. Our insights are helping customers make sustainable choices reducing their impact on nature. We are proud to be the first hire company to do this, cementing our position as a leader in sustainability.”
