Announcement of 2022 Sustainability Report

RNS Number : 3986F

Ashtead Group PLC

04 November 2022

 

4 November 2022

Ashtead Group plc ("Ashtead" or the "Group")

Issues its first stand-alone sustainability report

Ashtead today announces the release of its 2022 Sustainability Report.  This is our first stand-alone sustainability report and it highlights significant progress made across all areas of environmental, social and governance (ESG).  The report can be found in the ESG section of the Group's website at  www.ashtead-group.com .

The report covers the period from 1 May 2021 to 30 April 2022, as well as providing some narrative as to ongoing activities. Data included represents Ashtead Group plc and its subsidiaries unless otherwise stated. It should be read in conjunction with the disclosures provided within our Annual Report and Accounts 2022, which includes our disclosures in accordance with the recommendations and recommended disclosures of the Task Force on Climate-related Financial Disclosures.

Among the highlights in the report are:

·	Our "Engage for Life" programme driving a culture of safety throughout the business with a total recordable incident rate (TRIR) of less than 1.0 in North America;
·	An 87% engagement score in our Express Yourself employee survey with an 83% participation rate;
·	A 22% reduction in Scope 1 and 2 carbon intensity versus our benchmark year;
·	Details of the increasing number of low carbon solutions we are offering our customers with approximately 20% of our rental fleet now comprised of battery, electric, hybrid and solar powered assets; and
·	Progress made by our newly established Diversity, Equity and Inclusion Task Force and our WISE (Women: Inspired, Supported, Empowered) employee resource group - both of which are driving increased diversity across the Group.

Brendan Horgan, CEO, said:

"Sustainability has always been a priority for us. We are passionate about improving the lives of our people, contributing in a positive way to the environment and engaging in the communities in which we live and work. Embedding ESG as one of the actionable components of our company strategy has further increased our focus and means that now is the right time to start publishing a stand-alone sustainability report.

"Our ability to lead by way of ESG requires true cultural adoption throughout the organisation, which we are well on the way to achieving through a clear heading and measurable milestones."

More information about Ashtead's ESG priorities can be found within the 2022 Sustainability Report, available at  www.ashtead-group.com .

Enquiries:
Ashtead Group	Will Shaw	[phone]
H/Advisors Maitland	Neil Bennett  Sam Cartwright	[phone]

 

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