Speedy Hire Sustainability Profile
Speedy Hire, officially known as Speedy Services, is a leading provider of equipment rental and support services in Great Britain. Headquartered in GB, the company operates extensively across the UK, serving various sectors including construction, infrastructure, and events. Founded in 1977, Speedy has established itself as a trusted name in the industry, marked by significant milestones such as the expansion of its service offerings and a commitment to sustainability. Specialising in tool and equipment hire, Speedy Hire distinguishes itself through its extensive fleet, which includes everything from power tools to heavy machinery. The company is recognised for its innovative solutions and exceptional customer service, positioning it as a market leader. With a strong focus on safety and efficiency, Speedy Hire continues to support projects of all sizes, making it a preferred choice for professionals across the UK.
DitchCarbon Score
How does Speedy Hire's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Speedy Hire's score of 96 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Speedy Hire's reported carbon emissions
In 2024, Speedy Hire reported total carbon emissions of approximately 283,948,000 kg CO2e, with Scope 1 emissions at about 12,298,840 kg CO2e, Scope 2 emissions at approximately 121,000 kg CO2e, and Scope 3 emissions reaching about 271,529,680 kg CO2e. This represents a significant commitment to reducing their carbon footprint, as they aim to achieve a 50% reduction in absolute Scope 1 and 2 emissions by 2030, compared to a 2020 baseline. Additionally, they have set a long-term target to reach net zero emissions across all scopes by 2040, with a minimum of 90% reduction in total emissions by that year. Speedy Hire's near-term targets include a 51.6% reduction in Scope 1 and 2 emissions and a 42% reduction in Scope 3 emissions by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect their commitment to a 1.5°C reduction pathway. The emissions data is sourced directly from Speedy Hire Plc, ensuring accuracy and relevance to their operations in Great Britain.
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| 2015 | 2016 | 2020 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 17,403,610 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 590,930 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Speedy Hire's Industry?
How Carbon Intensive is Speedy Hire's Location?
Speedy Hire's Scope 3 Categories Breakdown
Speedy Hire's Scope 3 emissions, which decreased by 22% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 36% of Scope 3 emissions.
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Speedy Hire's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Speedy Hire has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Speedy Hire's sustainability data and climate commitments