Commercial siteCorporate siteCareers siteCustomer login

Overview and KPI's

Speedy took a more structured approach to corporate responsibility in 2006, with the central aim of making our activities business focused. We felt that we could only effectively integrate corporate responsibility into the day to day operations of the business if we could establish clear business benefits from doing so.

A key step was assigning overall responsibility for the groups CR related activities to Mike McGrath, an Executive Board Director.

In addition we began working with our people to select the most relevant Key Performance Indicators (KPIs) to ensure that we could monitor and measure our progress in this area. The KPIs had to have real business resonance as well as a positive social and environmental impact. Individual 'business owners' were given responsibility ensuring that the targets were achieved and the three year targets were set in 2007.

We are pleased to be able to now report on the final position against these KPI's. Please see the table at the bottom of the page.

CR is now a part of the way we liaise with our customers, it is a part of the way we manage our Supply Chain, it is central to our Safety, Health, Environment and Quality (SHEQ) Team, and we have engaged a number of our people in volunteering and community engagement.

Pleased as we are with progress there remains a tremendous amount to do. The challenges for major companies remain ever changing and in our approach to CR, as in our approach to our business operations, we are never complacent. Almost three years ago when we set our Key Performance Indicators, we were relatively new to corporate responsibility and what looked challenging then, looks less so now.

You will find further information about our CR activity on these pages and we are always looking for feedback. We would love to hear your views and invite you to get in touch by emailing cr@speedyhire.com.

Business in the Community Corporate Responsibility Index 2011.

The Corporate Responsibility Index is the UK's leading voluntary benchmark of CR. It's a framework to help companies to integrate and improve CR throughout their operations by providing a systematic approach to managing, measuring and reporting on business impact in society and on the environment. In 2011, with a score of 87% Speedy was awarded Silver accreditation.

For further information, download the brochure here >>

Responsibilities Roadmap

Our Responsibilities Roadmap is the central document outlining our key Corporate Responsibility issues and laying out our five year targets and progress updates.

The Roadmap is a result of an extensive discussion process with our people, our customers and industry bodies such as the Construction Council, the Health and Safety Executive (HSE), and the investment community.

This has happened through normal channels such as investor updates and reviews, our internal corporate responsibility working group and customer and supplier workshops primarily aimed at our Getting Greener from the Ground Up and Safety from the Ground Up industry programmes.

Progress against our top 10 KPIs is reviewed by the Board quarterly with a review of the full Roadmap annually. Mike McGrath holds PLC Board level responsibility for the Roadmap and Speedy's corporate responsibility agenda. We treat the Roadmap as a 'living' document, updating and reviewing it as new technologies and ideas become available and we would welcome your comments.

Please find below our Responsibilities Roadmap document:

PDF Icon

Responsibilities Roadmap

PDF version
    (1.70 MB)


We have also had the Responsibilities Roadmap independently audited by Collins McHugh. The assurance statement can be accessed here. You can also view our KPI results for the period 2007 to 2010 by clicking on the tabs below.

Related information

Awards

Awards: 2010Hire Association Europe - Environmental Initiative

From our history

2005
Speedy launches its land-mark apprenticeship scheme

KPI final position against targets 2007-2010

  • Customer Retention: target to retain 90% of top 100 customers (determined by turnover in FY2006/07).
    Target achieved: 100% retained
  • External Training Days: target to deliver 5,500 training days to our customer base to enhance the knowledge and safety awareness of our product range.
    Target achieved: 10,086 delivered
  • Supply Chain Workshops: target to actively support CR in the supply chain by the provision of 4 CR workshops per annum.
    Target not achieved: 2 workshops delivered
  • Energy Consumption per capita: target to reduce energy consumption by 15% from 2007 base line of 3,186.5 kWh per capita.
    Target not achieved: 3.321.4 kWh per capita
  • Depot Openings: target to open a minimum of 90% of new depots on brownfield sites.
    Target achieved: 100% openings on brownfield sites
  • Emissions per vehicle: target to reduce emissions per vehicle by 5% from 2007 base line of 12,311kg CO2 per vehicle.
    Target achieved: reduced by 6%
  • Internal training days: target to deliver a minimum of 5,750 training days to our employees to enhance and develop their skills.
    Target achieved: 10,968 delivered
  • Depot audits: target to audit 98% of our depot network per annum.
    Target achieved: 99% audited
  • Accident lost frequency rate: target to reduce accident loss frequency rate by 5% from 2007 base line of 0.36 hours per employee per month.
    Target achieved: reduced by 27%
  • Community investment: target to invest 1% of pre-tax profit into the community.
    Target achieved: £50,384 invested
  • Rehabilitation agenda: target to provide training places for 200 prisoner.
    Target achieved: training places provided for 200 prisoners