With focus on sustainability.

Speed is climate-neutral already by 2023.

We achieve our goal of being climate-neutral by 2025 already in 2023 – two years earlier than the ambitious target we set. We accomplish this through a combination of large-scale initiatives such as the largest rooftop solar panel installation in the Nordics and small changes like thinner shrink wrap, weatherproof loading docks, and more environmentally friendly soap, for example. We have taken significant strides towards reducing our carbon footprint and contributing to a more sustainable future, which we are incredibly proud of.

Today, both employees and customers demand environmental responsibility from us. We see this as a positive development and welcome the challenge. We take these demands very seriously, as they serve as a strong motivator in our efforts to be an attractive employer and a reliable partner to our customers. We are not afraid to set requirements for our suppliers in turn. Moreover, we aspire to be an active force for positive change in society. Solving the climate crisis requires collective effort, and every part plays a crucial role!

Speed wins Stora Hållbarhetspriset.

We are incredibly thrilled and unbelievably proud to have been awarded the Grand Sustainability Prize 2022. What a fantastic validation that our focus on sustainability is making a difference! This is a wonderful encouragement for all Speeders to continue the important work. Borås University was with us and conducted an interview with our CEO Jesper Andersson during the award ceremony. Half of the prize money of 100,000 SEK will be used for initiatives for environmental sustainability, and the other half for social sustainability.

Sustainable logistics.

We aim to provide green logistics to make it easier for you to be an environmentally conscious customer. It’s about taking responsibility for both people and the environment. We do this every day. Safe for you as a customer!

Sustainable staffing.

To ensure that our staffing and recruitment are delivered sustainably, we have a range of initiatives that we work hard on. We do this for your sake. That way, you know that the conditions are fair – for both employees and the environment!

We are forward-thinking and a driving force in environmental efforts.

By contributing to sustainable development, we create better business results and increased value for our stakeholders. We are simultaneously a reliable partner to our customers, an attractive employer for our employees, a demanding customer for our suppliers, and a responsible portfolio company for our owners. With this foundation, we aim to be an active and driving force for positive change in society.

A diverse corporate culture.

We believe that successful sustainability efforts are based on good business ethics and strong values. Our ambition is to build an inclusive corporate culture with a focus on leadership, increased gender equality and diversity, and good opportunities for skill development. An environment where people dare and want to engage in sustainability efforts at all levels

Three focus areas.

To establish a solid structure for our sustainability efforts, we have chosen to work based on three focus areas: Responsible Business Practices, Environment and Climate, and Employees and Society. Each focus area is linked to one of the three dimensions of sustainable development: economic, environmental, and social. For each focus area, we have identified several key issues to work on. We regularly measure these to track our progress and improvements.

Sustainability Focus area: Resonsible business practice

Our goal is to conduct business with good economic profitability while prioritizing order and organization. Simultaneously, it should not entail negative consequences for social or environmental sustainability. Essential questions that we measure and monitor to live up to responsible business practices.

Good business ethics.

We will continue to be a responsible company with transparency and good business ethics at the forefront. Therefore, our business ethics and behavior are a natural part of our code of conduct.

Compliance with policies.

We will ensure that our policies are well-known and easily accessible to our employees, and that our customers and suppliers are aware of our values. Additionally, our quality philosophy should be reflected in our policies, certifications, and authorizations, which form a framework for responsible business practices.

Sustainability Focus Area: Environmental and Climate Impacty

Taking responsibility for the environmental footprint we create as a company is a value that many of our customers today see as essential for us to deliver. Building on our climate inventory in 2020, we measure our progress and create activities to reduce our contribution to global warming. The logistics industry’s significant sustainability challenge lies in transportation and its negative impact on the climate. Therefore, going forward, we will have a greater commitment and opportunity to influence our customers’ modes of transport and fuels. For the transportation we procure ourselves, we engage in dialogue with suppliers and monitor the impact through our climate inventory. Key issues that we measure and follow up on:

Reduced climate impact.

Through climate reporting, we gain insights that help us allocate resources to activities that contribute most to reducing our climate footprint. In addition to this, we produce renewable electricity through our solar panel installation, which is the largest rooftop-based one in the Nordics. It reduces our need for purchased energy and also provides renewable electricity to the grid. We aim to contribute to lowering global warming and ensuring it does not exceed 1.5 degrees Celsius. This means that by 2030, we aim to reduce our emissions by at least 50%.

Waste recycling and management.

We have a circular approach to resources and actively work to increase the proportion of waste that goes to material recycling to minimize what goes to incineration and landfill. Additionally, we promote activities that encourage reuse and waste minimization – all to reduce the overall amount of waste.

Energy consumption.

We gradually reduce our energy dependency by switching to more energy-efficient equipment. For example, we invest heavily in automation, more efficient battery-operated forklifts, and lighting with lower energy consumption. We also choose properties with the highest performance from an energy perspective and requiring as little energy for heating as possible.

CO2-neutral by 2025.

By improving in various areas and investing in solar energy on our warehouse roofs, we have set the goal of being carbon-neutral by 2025. The largest rooftop solar installation in the Nordics, which we have implemented at our warehouse in Borås, is a tangible action that contributes to us reaching our goal. When fully operational, the facility provides a capacity of 5 megawatts.

We support Ocean Cleanup.

We support sustainable development. Therefore, we have chosen to support Ocean Cleanup. Plastic pollution in the oceans is one of the biggest climate challenges of our time, affecting over 700 marine species and impacting humans through the food we consume. Ocean Cleanup develops technologies to clean our oceans. The goal is for them not to have to exist – once the job is done, the organization won’t be needed. Speed supports Ocean Cleanup’s important work.

Sustainability Focus Area: Employees and Society.

For us, social sustainability means that we work hard to be perceived as a stable and attractive employer who cares about its employees. Therefore, we aim to create a physically and psychologically healthy and developing workplace for all employees, where we minimize and prevent risks of work-related injuries and ill health. We also focus on creating transparency, engagement, and participation throughout the organization. This is mainly achieved through increased information and closer dialogue with our employees

Social sustainability extends beyond our walls, so we take our responsibility and contribute in any way we can to the communities where we operate. We work diligently to assist the most vulnerable in society and support organizations that promote the equal value of all individuals. We also believe we have a responsibility to give back to society and our world, which we do by sponsoring and engaging in important community initiatives focused on health, education, and the environment. Key issues that we measure and follow up on:

Safe and healthy working environment.

We ensure a safe workplace and a good psychosocial work environment with a high attendance rate for all employees.

Increased diversity and gender equality.

We promote an inclusive work environment and actively work to foster diversity, gender equality, and equal treatment throughout the organization.

Continuous leadership and competence development.

In order to be competitive and retain competence within the company, we work continuously to motivate and develop our employees to meet tomorrow’s needs and requirements.