Loxam accelerates its environmental shift

French equipment rental company Loxam has said it is aiming to speed up its efforts to reduce its environmental impact with plans to invest in low emission machinery over the next 10 years.

The company has pledged to cut its direct emissions by 50% between now and 2030. It also plans to reduce its indirect emissions - which includes the use of its equipment by customers - by 30% against 2019 levels.

Gérard Déprez, President of the Loxam Group, said: “Our activity of equipment rental, rooted in the sharing economy, presents us with the opportunity and responsibility of accompanying the whole sector in sustainably transforming our user habits.

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"This trajectory follows initiatives that have been underway for many years. It also reflects our desire to step up our commitment to the issue, and get our entire ecosystem working towards this goal: employees, customers, suppliers and investors."

Loxam, which earlier this year became the first equipment rental company to offer a hydrogen-powered GEH2 generator, says it plans to deliver its new greenhouse gas emission reduction plan by basing its actions on a group-wide carbon footprint assessment.

Alice Hénault, Director of Foresight and Development, said: "Given that 60% of the group’s emissions are generated by our customers’ use of our equipment, the deployment of low emission equipment constitutes a priority for us. Therefore, Loxam intends to invest significantly over the next 10 years in low emission machinery."

To help achieve its targets Loxam also plans to replace its fleet of company vehicles with sustainable alternatives, increase its use of renewable energy, and convert its branches' electrical infrastructure.

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