The story

Simply Sustainable has been working with Speedy Services since February 2023. As a leading provider of tools, equipment hire and services to the construction industry, infrastructure and industrial markets in the UK, Speedy Services is committed to being at the forefront of sustainability and innovation and is dedicated ‘to inspire and innovate the future of hire’. With this in mind, Speedy Services approached Simply Sustainable to carry out an in-depth ESG horizon scan to identify and assess the potential legislative changes that may affect its operations.

Working closely with the Speedy Services team, Simply Sustainable first identified sector-specific ESG topics relevant to Speedy Services. Zooming in on the most important topics, Simply Sustainable analysed the sustainability trends that could affect Speedy Services, including an in-depth evaluation of existing and forthcoming legislation. By applying our deep expertise, we provided robust recommendations for managing emerging issues and incoming regulatory requirements.

Executed in a 2-week sprint, the analysis gave Speedy Services a comprehensive understanding of the latest developments in relation to the most critical sustainability topics, as well as clear recommendations and next steps to address the identified impacts. We are delighted to continue the collaboration with Speedy Services, using the outcome of the horizon scan as robust basis for its materiality assessment.

To find out how Simply Sustainable can help you develop your ESG and sustainability strategy, request a call-back from one of our team of experts.

The story

Companies that score well on environmental social and governance (ESG) ratings are known to better anticipate future risks and opportunities, be more disposed to longer-term strategic thinking, and able to deliver long-term value. Investors often use ESG ratings as part of a broader analysis, or to positively screen for ‘best-in-class’ companies and negatively screen out worst-performing companies. If a company appears low down its industry list, it could result in exclusion from ESG investment products.

Working closely with the sustainability team at easyJet, we engaged with two widely used ESG rating providers – MSCI and Sustainalytics – to identify opportunities to improve its scoring and approach to managing material issues. We began by evaluating the airlines existing performance in each rating, as well as the criteria for scoring each of ‘E’ ‘S’ and ‘G’. We analysed the results and mapped them against the company’s existing ESG strategy and disclosures.

Our analysis identified opportunities across important areas of easyJet’s performance and provided easyJet with a practical action plan to improve its scoring and approach year-on-year.