Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health and safety
• Our people
• Our communities
• The environment
• Business ethics
• Climate change
• Emerging technology and innovation
• Cyber security

Environmental Achievements

• Purchased a new fleet of 10 JCB 19C-1E mini excavators in the UK, the industry’s first fully electric excavator.
• All Sunbelt UK locations (except recently acquired ones) are FORS accredited, with 165 locations accredited to Gold level.

Social Achievements

• Launched the ‘Engage for Life’ safety programme in North America (built on three pillars: culture, community and commitment).
• Introduced a new teammate onboarding programme ('Equip for Success') in the US.
• Maintained a diverse workforce in the US, monitoring ethnicity annually and gathering ethnicity data in the UK.
• Continued a company-wide focus on equality, diversity and inclusion in the UK.
• Paid all eligible Sunbelt UK employees the Living Wage and adopted a Leading Wage in North America.

Governance Achievements

• Updated the Group’s modern slavery and human trafficking policy, business ethics and conduct policy and ethical sourcing policy.
• Senior employees receive regular business ethics training.
• Whistle-blowing arrangements outsourced to a third-party provider.

Climate Goals & Targets

Environmental Challenges

• High staff turnover in the rental industry, particularly within certain job categories.
• Difficulty in gathering accurate and reliable information for Scope 3 emissions.
• Potential impact of adverse weather events or natural disasters on business.
• Potential cyber-security vulnerabilities.

Mitigation Strategies

• Focus on improving and standardising recruitment and onboarding processes.
• Using estimation for a portion of Sunbelt North American emissions (8% at April 2020).
• Developing updated business continuity plans.
• Prioritising the monitoring of potential cyber-security vulnerabilities.

Supply Chain Management

Responsible Procurement

• Enquiries of suppliers made when entering into supplier relationships and refreshed ad hoc.

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather events or natural disasters

Transition Risks

• Regulatory changes requiring greater use of lower carbon technologies

Opportunities

• Increased demand for lower carbon equipment rentals

Reporting Standards

Frameworks Used: TCFD, UN Sustainable Development Goals

Certifications: FORS (Fleet Operator Recognition Scheme)

Sustainable Products & Innovation

• Electric excavators
• Eco-friendly accommodation units
• Eco lighting
• Battery products
• Hybrid generators

Awards & Recognition

• Named one of the nation’s top Military Friendly® Employers by VIQTORY

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Launched Sunbelt 3.0 strategy with ESG priorities embedded; committed to reducing carbon intensity by 35% by 2030 and 15% by 2024.
• Investing in green technology for customers (e.g., solar lighting towers).
• Increased alternative fuel sources in fleet to ~20%.

Social Achievements

• Implemented appreciation bonuses and additional paid time off for employees during COVID-19 pandemic.
• Launched 'Let's Talk' wellbeing programme, including mental health first aider training.
• Established Diversity and Inclusion Task Force in North America and similar group in the UK.
• Continued UK apprenticeship programme with 90% completion rate.
• High employee satisfaction scores (89% engagement in North America, 80% in the UK).

Governance Achievements

• Updated Group’s modern slavery and human trafficking policy, business ethics and conduct policy, and ethical sourcing policy.
• Regular business ethics training for senior employees.
• Outsourcing whistle-blowing arrangements to a third-party provider.

Climate Goals & Targets

Environmental Challenges

• High staff turnover, particularly in certain job categories.
• Difficulty in gathering accurate and reliable Scope 3 emissions data.
• Increasing absolute GHG emissions due to business growth.
• Climate change related risks (adverse weather events).

Mitigation Strategies

• Improving and standardizing recruitment and onboarding processes.
• Working with The Carbon Trust to identify and measure Scope 3 emissions.
• Focusing on reducing carbon intensity.
• Investing in disaster response capabilities.

Supply Chain Management

Responsible Procurement

• Reviewing sustainability and diversity of supply chain; enquiries made when entering into supplier relationships.

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather events, natural disasters

Transition Risks

• Changing customer expectations, regulations governing environmental protection, reliance on diesel engines.

Opportunities

• Increased demand for environmentally friendly equipment; opportunities in disaster response.

Reporting Standards

Frameworks Used: TCFD, SASB, GRI

UN Sustainable Development Goals

• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

Identified eight UN SDGs where Ashtead believes it can make the most contribution through recruitment and training, focus on diversity and inclusion, product development, and operational management.

Sustainable Products & Innovation

• Electric equipment, eco accommodation units, eco lighting, battery powered products, hybrid generators.

Awards & Recognition

• Top-50 Military-Friendly Employer
• One of the nation’s top Military Friendly® Employers

Environmental Metrics

ESG Focus Areas

• Sustainability
• Health and Safety
• Community Investment
• Climate Change

Environmental Achievements

• Reduced carbon intensity by 31% (ahead of 15% target)

Social Achievements

• ‘Engage for Life’ health and safety program delivered record-low incident rates
• 87% employee engagement score

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Inflationary environment in the UK impacting margins
• Film & TV business impacted by strikes in North America

Mitigation Strategies

• Used strong second-hand markets to accelerate disposal of older fleet
• Focused on passing through necessary rate increases in the UK

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Working with major equipment suppliers in developing and piloting new technologies

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed