Ratos company Speed Group achieves climate neutrality in 2023 – two years ahead of target


Speed Group (Speed) achieved its goal of becoming climate neutral in its own operations in 2023. Through a combination of large-scale initiatives and small changes, the company has made great strides towards reducing its carbon footprint and thus contributing to a more sustainable future.

Speed Group’s target was to become climate neutral by 2025. This target was reached ahead of schedule in 2023. The company has been actively working to reduce its carbon footprint for many years.

A central part of this effort has been the installation of the largest rooftop photovoltaic system in the Nordic region on the roof of its head office and warehouse in Borås. The rooftop facility, with a maximum electricity production capacity of 4GWh, has been a key factor in the company’s success in achieving climate neutrality. However, large-scale projects were not the only factors contributing to the company’s achievement of its target. Smaller changes in everyday operations also played a role. Some examples include weatherproofing cargo doors, switching to digital delivery notices, and reducing the use of shrink wrap.

“Speed Group’s journey towards climate neutrality in its own operations is inspiring. Assuming responsibility for your carbon footprint is an important aspect of developing existing and new customer relationships and business. This is important today and will become even more significant in the future,” says Christian Johansson Gebauer, Chairman of the Board of Speed Group and President, Business Area Construction & Services, Ratos.

“We are incredibly proud to have achieved our climate neutrality target two years ahead of schedule. It’s a challenge for a logistics company like ours, but we’ve focused hard on reducing our environmental impact and driving positive change. We continue to strive to be a leader in sustainability and look forward to continuing to make a difference for our planet and society,” says Jesper Andersson, CEO of Speed Group.

Speed Group’s efforts to reduce its climate impact are continuing. The next step will involve installing additional solar panels at other Speed Group sites and investing in battery storage solutions and charging infrastructure for tomorrow’s freight transport.

About Speed Group
Speed offers sustainable, flexible and innovative solutions to complex logistics and staffing challenges. Speed has its head office in Borås, Sweden, and logistics centres in Borås, Gothenburg, Stenungsund and Stockholm covering a combined total of more than 220,000 square metres. The company has sales of SEK 1 billion and approximately 1,000 employees.

For further information, please contact:
Josefine Uppling, VP Communication & Sustainability, Ratos, +46 76 114 54 21
Jesper Andersson, CEO, Speed Group, +46 708 16 68 37

About Ratos
Ratos is a Swedish business group focusing on technology and infrastructure solutions, consisting of 17 companies divided into three business areas: Construction & Services, Industry and consumer. The companies have approximately SEK 34 billion in net sales (LTM). We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent subsidiaries to excel by being part of something larger. People, leadership, culture and values are key focus areas.