Tool hire firm Speedy has begun running its delivery fleet on hydrotreated vegetable oil (HVO) fuel.

The change for the fleet, which includes LCVs as well as HGVs and tankers, is predicted to save 5,000 tonnes of CO2 over the next 12 months.

This is because HVO is said to emit up to 90% less CO2 than red diesel.

The move is part of a wider rollout of HVO across the business, which has already seen Speedy’s powered access division move to refuelling all machinery with HVO as standard, with its power division also set to make the swap before the end of the year.

Speedy head of fuel Mike DeRome said: “We’re setting ambitious targets for reducing our environmental impact while simultaneously investing millions in low carbon equipment for contractors, as we set out to lead the way in decarbonising construction hire.

“Our fuel usage comprises the largest part of the business’ carbon footprint, making it a priority area for us to take action. Reducing emissions in our delivery fleet helps customers to make big gains in decarbonising their supply chain, reducing the overall carbon footprint of their projects.

“The switch to HVO fuel across our commercial fleet also helps the business to instantly reduce carbon emissions without wastefully retiring diesel powered assets early in favour of new vehicles, particularly while electric and hydrogen technologies continue to advance and mature.”