Ratos-owned Speed Group reduces its carbon footprint by 40%
The logistics and staffing company Speed Group reduced its carbon footprint by 40% in 2021 compared with the preceding year. This means the company is ahead of schedule in its ambition to be carbon neutral by 2025.
One factor that contributed to this reduction in emissions is that Speed Group has divested a number of energy-inefficient properties and optimised the warehouse space in the rest of its portfolio. Emissions from fossil fuels have also declined as the company’s vehicle fleet has transitioned to electric vehicles.
“In the face of alarming reports that climate action is moving too slowly and emissions are not being reduced at the necessary rate, we are particularly proud to have exceeded our annual target for carbon neutral operations,” says Mats Johnson, CEO of Speed Group.
In 2021, the Nordic region’s largest rooftop photovoltaic system was also installed at one of Speed’s facilities in Borås, an investment that has not yet yielded full effect since it only became operational in October.
“As an owner, we are thrilled with the inspiring progress Speed Group has made in its efforts to reduce its climate impact. We impose strict requirements on our companies, and it is particularly gratifying to see them exceed our expectations. The fact that these efforts are yielding results is confirmation of our strength on several levels since we know that long-term sustainability also results in long-term profitability,” says Christian Johansson Gebauer, Chairman of the Board of Speed Group and President Business Area Construction and Services, Ratos.
About Speed Group
Speed offers sustainable, flexible and innovative solutions to complex logistics and staffing challenges. Sustainability permeates the entire business, and the aim is for the company’s operations to be carbon neutral by 2025. Speed has its head office in Borås, Sweden, and logistics centres in Borås, Gothenburg and Stockholm covering a combined total of more than 200,000 square metres. The company has sales of just over SEK 1 billion and approximately 1,600 employees.
For further information
CEO, Speed Group
+46 73 367 75 45
Christian Johansson Gebauer
Chairman of the Board of Speed Group and President Business Area Construction and Services, Ratos
+46 8 700 17 00
VP Communication, Ratos
+46 76 114 54 21
Ratos is a business group consisting of 13 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2020, the companies have approximately SEK 36 billion in sales. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.