27 August 2024
Speedy Hire
Plc
("Speedy Hire", "the Company"
or "the Group")
Speedy Hire Ranked in Top 1%
of Sustainable Businesses Globally
Speedy Hire, the UK and
Ireland's leading provider of tools, specialist equipment and
services, has been awarded a Platinum Medal
for the quality of its sustainability credentials by EcoVadis, the
world's most trusted provider of business sustainability
ratings.
The coveted Platinum Medal is the
highest accolade awarded by EcoVadis and places Speedy Hire in the
top 1% of companies it assesses and ranks, which includes over
85,000 businesses worldwide. This award is an improvement on the
Gold Medal Speedy Hire received previously, which placed it in the
top 5% of companies globally.
The EcoVadis assessment evaluates 21
sustainability criteria across four core themes: Environment, Labor
& Human Rights, Ethics and Sustainable Procurement. The rating
system is based on internationally recognised principles and
standards, such as the Global Reporting Initiative and the UN
Global Compact, that Speedy Hire is aligned to.
Decade to Deliver
As part of its wider 'Decade to
Deliver' ESG strategy, Speedy Hire has set targets
to achieve net-zero emissions by 2040, ten years
ahead of the UK government deadline. Carbon emissions emitted by
Speedy Hire in the UK and Ireland reduced by 21.4% in FY2024,
achieved through the procurement and organic generation of
renewable energy, investment into a greener property network, a
more efficient electric and hybrid vehicle fleet and the use of HVO
fuel in larger vehicles.
Speedy Hire also collaborates closely with partners throughout its supply chain
to innovate and deliver first-to-market solutions that reduce
carbon emissions and accelerate the
delivery of sustainability for customers, people, communities, and
the planet.
Dan
Evans, Chief Executive at Speedy Hire, said:
"At Speedy Hire, we place
sustainability at the centre of everything that we do, and this
prestigious EcoVadis Platinum Medal award is testament to our
credentials as a sustainability leader. This award further
demonstrates progress against our ambitious Velocity strategy,
which focuses on driving innovation and providing the commercially
sustainable solutions our customers require to achieve their net
zero ambitions."
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About Speedy Hire
Founded in 1977, Speedy Hire is the
UK's leading provider of tools and equipment hire services to a
wide range of customers in the construction, infrastructure,
industrial, and support services markets, as well as to local
trade, and retail. The Group provides complementary support
services through the provision of training, asset management and
compliance services. Speedy is certified nationally to ISO50001,
ISO9001, ISO14001, ISO17020, ISO27001 and ISO45001. The Group
operates from c.180 fixed sites and selected B&Q stores across
the UK and Ireland together with a number of on-site facilities at
client locations and through a joint venture in
Kazakhstan.
For more information, visit:
https://www.speedyhire.com/
About EcoVadis
EcoVadis is the world's most trusted
provider of business sustainability ratings, intelligence and
collaborative performance improvement tools for global supply
chains. Backed by a powerful technology platform and a global team
of domain experts, EcoVadis' easy-to-use and actionable
sustainability scorecards provide detailed insight into
environmental, social and ethical risks across 220+ purchasing
categories and 180+ countries.