Tool hire firm helps suppliers with sustainability

9 June 2011

9 June 2011 | Lindsay Clark

SpeedyHire, a construction equipment rental and support services firm, has launched a strategy to help suppliers meet its sustainability requirements.

The company, which posted annual revenues of more than £350 million in May, is offering training packages to suppliers who need help to reduce carbon emissions, improve health and safety and increase efficiency. There is an upfront charge for the courses but Speedy has promised it will be cost-neutral because applying the lessons learned will create savings.

Andy Connor, supply chain director at Speedy Hire, said: “This is a collaborative approach that we hope will implement best practice at both ends of our supply chain. For our suppliers, [the programme] means we’re setting the bar high, and will seek to establish a long term relationship with those that take sustainability seriously.”

The programme is designed to help suppliers meet Speedy Hire’s sustainability charter, said Andy Johnson, head of sustainability and environment. Meanwhile customers were increasingly asking for information on supply chain sustainability, he said. “If I’m working with a customer, say Carillion, it needs evidence that I am managing my supply chain so that I’m not affecting their supply chain,” Johnson said.

Speedy Hire was making clear to its supplier that sustainability was a part of the selection process, he added. “In a two horse race, where [suppliers] were neck and neck, but one had a greater sustainability policy, then that’s going to make it. We want to be dealing with companies that are going to be here in 50 years. Not here today, make a buck tomorrow and gone the day after.”

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