Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employees
• Health and Safety
• Environment
• Community

Environmental Achievements

• Reduced normalised CO2 emissions per £m revenue (despite increased activity)

Social Achievements

• 50% of employees have more than 5 years’ service; 25% have more than 10 years
• Employee Assistance Programme provides confidential advice and support
• Active encouragement of employee participation in fundraising for charities
• Apprentice schemes to train future engineers

Governance Achievements

• Board conducted a review of Board effectiveness and implemented recommendations
• Full compliance with the June 2010 and September 2012 Corporate Governance Codes

Climate Goals & Targets

Environmental Challenges

• Economic downturn impacting activity levels or prices
• Increased competition in the equipment rental market
• Health and safety regulations compliance
• Environmental impact of operations (CO2 emissions, waste management)

Mitigation Strategies

• Regular monitoring of economic conditions and flexible investment in fleet
• Maintaining market leading positions in niche sectors
• Robust health and safety policies and management systems
• Carbon audit to identify environmental impact mitigation opportunities
• Action plan to reduce environmental impact (e.g., CO2 efficient vehicles, rainwater recycling)

Supply Chain Management

Responsible Procurement

• Suppliers minimise packaging

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Employees
• Health and Safety
• Environment
• Community

Environmental Achievements

• Renewed electricity contract with a zero-carbon electricity source
• Initiatives included energy efficient buildings, increased use of video conferences, and use of trackers in commercial fleet to reduce fuel usage. Normalised CO2 emissions reduced by 9%.

Social Achievements

• Launched online Recruit Service for improved recruitment.
• Employee Assistance Programme providing confidential advice and support.
• Extensive training programme including e-learning and blended learning.
• Apprentice schemes for plant maintenance and repair.
• Donated over £28,000 to charities.

Governance Achievements

• Full compliance with the provisions of the Financial Reporting Council Codes.
• Successful external audit tender process resulting in the appointment of PwC.

Climate Goals & Targets

Environmental Challenges

• Downturn in economic recovery impacting performance.
• Increased competition in the equipment rental market.
• Challenges in the oil and gas sector due to falling oil prices.
• Contract delays and reductions in the transmission sector.
• Weaker markets in Ireland.

Mitigation Strategies

• Diversification of markets and geographic spread.
• Focus on first-class customer service and market-leading positions in niche sectors.
• Monitoring market share, conditions, and competitor performance.
• Financial strength to maximize opportunities.
• Strong balance sheet and positive cash generation.
• Reshaping the business to suit challenging market conditions.
• Investment in fleet to support growing demand.
• Development of a more robust management structure in Germany.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Hire Association Europe (HAE) Company of the Year (Hire Station)
• TPA Germany awarded Safety Checklist Contractors (SCC) certificate

Environmental Metrics

ESG Focus Areas

• Minimising the impact of operations
• Proactive approach to customer and market sentiment regarding sustainability
• Colleagues and Community
• Supply Chain

Environmental Achievements

• SBTi validation of carbon emissions inventory and reduction targets
• Group emissions inventory completed in-house
• Ongoing development of hire fleet to meet customer requirements for cleaner alternatives
• Procurement of renewable electricity across UK property estate
• Accreditation with ISO 50001: Energy Management in all UK sites
• Reduced greenhouse gas emissions on a carbon intensity basis to 42 in FY2024

Social Achievements

• £100k investment in conservation projects
• Donation of 250 end-of-life tablets to North Yorkshire Council
• Development of a social value strategy including charitable support
• 30% decrease in Accident Frequency Rate (AFR) compared to 2023
• Roll-out of online customer service training programme for all colleagues

Governance Achievements

• Finalised and implemented Sustainable Procurement Policy (SPP)
• Partnership with Business in the Community (BITC)
• Partnership with Supply Chain Sustainability School (SCSS)

Climate Goals & Targets

Environmental Challenges

• Managing Scope 3 emissions across upstream and downstream activities
• Meeting increasing customer demands for sustainability disclosures
• Balancing commercial and sustainable strategies
• Limited availability of renewable energy in international operations
• Long useful economic life of assets impacting speed of emissions reduction

Mitigation Strategies

• Investment in electric and hybrid vehicles
• Collaboration with customers on co-locating to reduce transport emissions
• Working with suppliers to provide cleaner solutions
• Development of transition plans to net zero
• Carbon literacy training for all employees
• Partnership with Eco Online for supplier management
• Development of a social value strategy

Supply Chain Management

Supplier Audits: Supplier questionnaire issued to top 80 suppliers by emissions

Responsible Procurement

• Sustainable Procurement Policy (SPP)
• Partnership with Supply Chain Sustainability School

Climate-Related Risks & Opportunities

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: TCFD, SBTi, IFRS S1 and S2 (planned), SDGs

Certifications: ISO 50001

Sustainable Products & Innovation

• Zero emissions at point of use products
• Electric and hybrid vehicles
• TPA Carbon Calculator
• Brandon Hire Station charging solution