RCS - Speedy Hire PLC - Speedy Ranked in Top 1% of Sustainable Businesses

Speedy HireAnnouncement

27/08/2024 07:00

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RNS Number : 6407B  Speedy Hire PLC  27 August 2024

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
(https://protect.checkpoint.com/v2/___https:/www.speedyservices.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphY2MxMDQ1NzNiYzBmNzc3ZWRmYmIwOGU2YWJmNWY4Mjo2OmRkN2Y6YTQ4ZTFkNzYyMDRhZTgyMzQ0MjQxYmI5ODhjMTFhZDNhZDQxOGQ5YWFiNThmMzhlZjNjMzBhMWJlYzJmMDExZDpwOlQ6Tg)
, 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."

 

   - ENDS -

 

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/
(https://protect.checkpoint.com/v2/___https:/www.speedyhire.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphY2MxMDQ1NzNiYzBmNzc3ZWRmYmIwOGU2YWJmNWY4Mjo2OmYyZjg6MTc1NTk4MmUzMmQ2OWVlNTljMjZmMGMxZjUwYWQyNDllNWE3YWU2Mjc4ZWU0NGQxNmI1NTBmNDJmYjQ5NzIzZjpwOlQ6Tg)

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.

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