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Speedy Hire PLC

Common Name
Speedy Hire
Country
United Kingdom
Sector
Industrials
Industry
Rental & Leasing Services
Employees
3,307
Ticker
SDY
Exchange
LONDON STOCK EXCHANGE
Description
Speedy Hire plc is a leading provider of tool and equipment rental services in the United Kingdom and Ireland. The company specializes in hiring out a vast array of products, including power tools, li...

Speedy Hire's GHG Emissions Data Preview

In 2025, Speedy Hire completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Speedy Hire has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
11,967.39a
12,297.84a
12,768.8b
Total Scope 2
Market-Based
176.09a
121a
225.3b
Location-Based
1,878.08a
1,716.08a
N/A
Total Scope 3
270,545.14a
271,528.68a
348,367.32b
Total Scope 1 Revenue Intensity (tCO2e/$M)
22.2026a
23.1076a
23.3953b
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Verified Sources Behind Speedy Hire’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Speedy Hire's Annual Report 2025
b. Speedy Hire's Annual Report 2024

Insights into Speedy Hire's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Speedy Hire amounted to 13,845.47 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Speedy Hire decreased by 1.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Speedy Hire's Scope 1 Emissions Over Time

202020232024202505 k10 k15 k20 ktCO2e-36%-4%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Speedy Hire's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Speedy Hire were 11,967.39 metric tons of CO₂ equivalent (tCO₂e).a

Has Speedy Hire reduced its Scope 1 emissions over time?

Since 2020, Speedy Hire's Scope 1 emissions have decreased by 39.72%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Speedy Hire's Scope 1 emissions decreased by 2.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Speedy Hire's Scope 2 emissions?

In 2025, Speedy Hire reported Scope 2 greenhouse gas (GHG) emissions of 176.09 tCO₂e using the market-based method and 1,878.08 tCO₂e using the location-based method.a

Has Speedy Hire reduced its Scope 2 emissions over time?

Since 2020, Speedy Hire's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 57.43%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), Speedy Hire's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Speedy Hire's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Speedy Hire use for Scope 2 reporting?

In 2025, Speedy Hire reported its Scope 2 emissions using the market-based method and using the location-based method.a

Speedy Hire's Scope 2 Emissions Over Time

202020232024202501.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Speedy Hire's Value Chain Emissions

In 2025, Speedy Hire reported 270,545.14 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Speedy Hire includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Speedy Hire's Scope 3 Emissions Over Time

2020202320242025090 k180 k270 k360 ktCO2e+42%-22%0%
  • Total Scope 3
  • Year-over-Year Change

What are Speedy Hire's Scope 3 emissions?

In 2025, Speedy Hire reported total Scope 3 emissions of 270,545.14 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 19.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.98% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Speedy Hire reduced its Scope 3 emissions over time?

Since 2020, Speedy Hire's Scope 3 emissions have increased by 10.43%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Speedy Hire's Scope 3 emissions remained relatively stable, indicating that Speedy Hire's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Speedy Hire disclose?

In 2025, Speedy Hire reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Speedy Hire's Scope 3 emissions?

In 2025, the largest contributors to Speedy Hire's Scope 3 emissions were:a

  • Downstream Leased Assets (Cat. 13): 127,530.99 tCO₂e (47.14%)
  • Use of Sold Products (Cat. 11): 87,193.82 tCO₂e (32.23%)
  • Capital Goods (Cat. 2): 33,730.1 tCO₂e (12.47%)

Speedy Hire's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(32.2%)Capital Goods(Cat. 2)(12.5%)Downstream LeasedAssets (Cat. 13)(47.1%)

Insights into Speedy Hire’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Speedy Hire reported Scope 1 greenhouse gas (GHG) emissions of 11,967.39 tCO₂e and total revenues of USD 539 millions. This translates into an emissions intensity of 22.2 tCO₂e per millions USD.a

Speedy Hire's Scope 1 Emissions Intensity Compared to Peers

501,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)Bohai LeasingYear: 2024Scope 1: 965,000 tCO2eRevenue: $M 5,266Scope 1 Intensity: 183.25 tCO2e/$MHerc HoldingsYear: 2024Scope 1: 161,635 tCO2eRevenue: $M 3,374Scope 1 Intensity: 47.91 tCO2e/$MAvis Budget GroupYear: 2024Scope 1: 6,220,995 tCO2eRevenue: $M 11,622Scope 1 Intensity: 535.28 tCO2e/$MCAR GroupYear: 2024Scope 1: 774 tCO2eRevenue: $M 11,622Scope 1 Intensity: 0.07 tCO2e/$MTokyo CenturyYear: 2024Scope 1: 1,332,379 tCO2eRevenue: $M 8,889Scope 1 Intensity: 149.89 tCO2e/$MGATXYear: 2024Scope 1: 14,231 tCO2eRevenue: $M 1,586Scope 1 Intensity: 8.98 tCO2e/$MSumisho Air LeaseYear: 2023Scope 1: 5,599 tCO2eRevenue: $M 2,685Scope 1 Intensity: 2.09 tCO2e/$MElement Fleet ManagementYear: 2024Scope 1: 995 tCO2eRevenue: $M 3,017Scope 1 Intensity: 0.33 tCO2e/$MLocaliza Rent a CarYear: 2024Scope 1: 42,452 tCO2eRevenue: $M 6,033Scope 1 Intensity: 7.04 tCO2e/$MRyder SystemYear: 2024Scope 1: 869,939 tCO2eRevenue: $M 12,708Scope 1 Intensity: 68.46 tCO2e/$MAyvensYear: 2024Scope 1: 8,782 tCO2eRevenue: $M 26,067Scope 1 Intensity: 0.34 tCO2e/$MAerCap HoldingsYear: 2024Scope 1: 3,478 tCO2eRevenue: $M 7,997Scope 1 Intensity: 0.43 tCO2e/$MUnited RentalsYear: 2024Scope 1: 462,087 tCO2eRevenue: $M 15,345Scope 1 Intensity: 30.11 tCO2e/$MAlquiber QualityYear: 2024Scope 1: 590 tCO2eRevenue: $M 150Scope 1 Intensity: 3.93 tCO2e/$MMillsYear: 2023Scope 1: 4,065 tCO2eRevenue: $M 284Scope 1 Intensity: 14.31 tCO2e/$MAdi Sarana ArmadaYear: 2024Scope 1: 16,620 tCO2eRevenue: $M 308Scope 1 Intensity: 53.94 tCO2e/$MGAMYear: 2025Scope 1: 5,536 tCO2eRevenue: $M 372Scope 1 Intensity: 14.90 tCO2e/$MAnexo GroupYear: 2024Scope 1: 142 tCO2eRevenue: $M 178Scope 1 Intensity: 0.80 tCO2e/$MZIGUPYear: 2025Scope 1: 15,543 tCO2eRevenue: $M 2,416Scope 1 Intensity: 6.43 tCO2e/$MAshtead GroupYear: 2025Scope 1: 380,445 tCO2eRevenue: $M 7,962Scope 1 Intensity: 47.78 tCO2e/$MAndrews Sykes GroupYear: 2024Scope 1: 2,300 tCO2eRevenue: $M 95Scope 1 Intensity: 24.14 tCO2e/$MVPYear: 2025Scope 1: 14,641 tCO2eRevenue: $M 492Scope 1 Intensity: 29.78 tCO2e/$MProservice Building Services MarketplaceYear: 2023Scope 1: 9,385 tCO2eRevenue: $M 445Scope 1 Intensity: 21.11 tCO2e/$MSpeedy HireYear: 2025Scope 1: 11,967 tCO2eRevenue: $M 539Scope 1 Intensity: 22.20 tCO2e/$M

How does Speedy Hire's GHG emissions intensity compare to its peers?

In 2025, Speedy Hire reported a Scope 1 emissions intensity of 22.2 tCO₂e per millions USD. Compared to the peer group median of 14.9, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Speedy Hire rank on GHG emissions intensity within its industry?

In 2025, Speedy Hire ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Speedy Hire is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Speedy Hire's Total Carbon Footprint

In 2025, Speedy Hire reported a total carbon footprint of 284,390.61 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.4% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Speedy Hire's total carbon footprint was Scope 3 emissions, accounting for 95.13% of the company's total carbon footprint, followed by Scope 1 emissions at 4.21%.a

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