Potential offtaker

HSS Hire Group plc

www.hsshiregroup.com

Estimated electricity consumption

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Countries of production presence

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HSS Hire Group plc is a leading provider of equipment rental and leasing services in the United Kingdom. The company operates in the transportation equipment finance and leasing sector, offering a wide range of products and services to customers across various industries. With a focus on sustainability and decarbonisation, HSS Hire Group plc is committed to reducing its carbon footprint and promoting the use of renewable energy sources.

Corporate Energy Strategy

HSS Hire Group plc has a well-defined corporate energy strategy that aims to reduce its carbon emissions and promote the use of renewable energy sources. The company has set ambitious targets to reduce its carbon footprint by 50% by 2030, and to achieve net-zero emissions by 2050. To achieve these targets, HSS Hire Group plc is implementing a range of initiatives, including the use of renewable energy, energy-efficient equipment, and corporate power purchase agreements (PPAs).

Renewable Energy

HSS Hire Group plc is committed to promoting the use of renewable energy sources, such as wind, solar, and biomass. The company has invested in renewable energy projects, such as solar panels on the roofs of its depots, to generate clean energy and reduce its reliance on fossil fuels. In addition, HSS Hire Group plc is exploring new opportunities to invest in renewable energy projects, such as wind farms and hydroelectric power plants.

Corporate PPA

HSS Hire Group plc has also entered into corporate power purchase agreements (PPAs) to support the development of renewable energy projects. A PPA is a long-term contract between a company and a renewable energy developer, under which the company agrees to purchase a certain amount of renewable energy at a fixed price. By entering into a PPA, HSS Hire Group plc is supporting the development of new renewable energy projects and reducing its carbon footprint.

Decarbonisation

HSS Hire Group plc is committed to decarbonisation and reducing its carbon footprint. The company has implemented a range of initiatives to reduce its energy consumption, such as energy-efficient lighting and heating systems, and the use of electric vehicles. In addition, HSS Hire Group plc is exploring new technologies, such as hydrogen fuel cells and battery storage, to further reduce its carbon emissions.

Conclusion

HSS Hire Group plc is a leading provider of equipment rental and leasing services in the United Kingdom, operating in the transportation equipment finance and leasing sector. The company is committed to reducing its carbon footprint and promoting the use of renewable energy sources. With a well-defined corporate energy strategy, HSS Hire Group plc is implementing a range of initiatives, including the use of renewable energy, energy-efficient equipment, and corporate power purchase agreements (PPAs). By investing in renewable energy projects and exploring new technologies, HSS Hire Group plc is leading the way in decarbonisation and sustainability in the equipment rental and leasing industry.

✓ Declared Net Zero commitment