New Carbon Reporting Standards Issued for North American Rental Industry
1 report, 1 independent
Updated Oct 22
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What happened
The American Rental Association released industry-specific carbon reporting guidance tailored for the North American market, based on a model developed by the European Rental Association. This guidance provides a consistent method for rental companies to quantify and explain their carbon footprint to stakeholders, including investors and regulators.
From rermag.com
Why it matters
The guidance addresses the previous lack of a fit-for-purpose way for the equipment rental industry to calculate its carbon footprint. This is important because the industry plays a crucial role in construction and other sectors, requiring transparent carbon data for customers and public authorities.
From rermag.com
Who's involved
- Herc RentalsEquipment rental company adopting the new carbon calculation standards.
- H&E Equipment ServicesSubsidiary of Herc Rentals.
- Herc Holdings Inc.Company that operates through Herc Rentals.
- The Hertz CorporationFormer parent company of Herc Rentals.
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The entities involved
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Herc Rentals
American equipment rental company
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