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Corporate Responsibility Towards a Responsible Transport Policy Mike McGrath – Group Commercial Director.

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Presentation on theme: "Corporate Responsibility Towards a Responsible Transport Policy Mike McGrath – Group Commercial Director."— Presentation transcript:

1 Corporate Responsibility Towards a Responsible Transport Policy Mike McGrath – Group Commercial Director

2 1 We Do a broad range of tools & equipment

3 2 We Dont..... …….go into markets with low returns

4 3 Operating Margins % (Pre-amortisation) Revenue £m Turnover has grown at a CAGR of 23.6% Operating Profit £m (Pre-amortisation) Operating Profits have grown at a CAGR of 23.1% Return On Capital Employed % Return On Capital Employed %

5 4 Bigger than all our competitors put together….. Full year Revenues £163m £95m £47m c.£440m £305m Combined competitor revenues Tools Equipment HSS BrandonHirestation

6 5 Overall Context Speedy has always taken its wider responsibilities seriously Began taking a more structured approach in 2005 Building on strong foundations we analysed our CR Impacts in The marketplace (customers/suppliers) The workplace (employees) The environment (inc Transport) The community (building more strategic community partnerships)

7 6 Transport Context Vehicle Fleet prior to Hewden acquisition 2,121 –Cars859 –Light Commercial1171 –Heavy Goods91 Vehicle Fleet post Hewden acquisition 2,932 –Cars1,087 –Light commercial1,750 –Heavy Goods95 Previously the Speedy fleet has shown year on year C02 reductions (per vehicle) over last 6 years Inherited Fleet providing a challenge

8 7 Our Transport Activity Fleet is the newest in the sector (replaced every 30 months) Fleet converted to 100% diesel over the last 3 years Commercial fleet speed limited (reduces fuel usage/increases safety) Driver training programme for company car drivers (more fuel efficient/safer driving)

9 8 Our Transport Impacts Fuel usage/CO2 emissions (per vehicle)

10 9 Future Activity Hewden fleet to be renewed over the next 7 months Work with suppliers on vehicle emissions, a few cars already meeting 2010 target of <120g C02 per kilometre Work on more efficient transport logistics Electric Vehicles!

11 10 Modec Pick Up version would probably not have been manufactured without Speedy support and input

12 11 Benefits Vehicle charges up overnight Does 120 miles on a full charge Capable of 60 m.p.h. No emissions in operation Does not attract congestion charge Adds to London Clean Air policy

13 12 But…. Emissions attached to charging – Speedy are currently investigating renewable energy sources so this may change Silent – although this is positive in terms of noise pollution etc there may be issues over safety Disposal of battery at end of life

14 13 To conclude Initial reaction has been positive From employees From customers From comments form the general public Project still very much in pilot phase The Modec vehicle currently represents a small part of our overall approach to energy efficiency and our commitment to climate change

15 14 A final word from our Group Fleet Director The responsible management, provision and maintenance of the most up to date vehicle fleet in our sector allows us to meet our customers requirements and reduce our environmental impacts. The electric vehicle pilot in London is just another example of what is becoming an increasingly compelling business case Ian Leonard - Group Fleet Director Speedy Hire Corporate Responsibility Report 07


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