United Rentals Outlines Roadmap to Low-Emission and Zero-Emission Jobsites
January 16 2024 - 8:30AM
Business Wire
White Paper Shares Steps to Reduce
Emissions; Details Digital Tools and Equipment
United Rentals, Inc. (NYSE: URI), the world’s largest equipment
rental company, today outlined ways companies can implement
sustainable business practices that reduce equipment greenhouse gas
(GHG) emissions while maintaining jobsite productivity and safety.
United Rentals released a white paper, "Roadmap to Low-Emission and
Zero-Emission Jobsites," which shares four practical steps to
reduce emissions and the tools and equipment to make sustainability
strategies a reality on the jobsite.
These practices employ digital tools to guide fleet
sustainability decisions and greener equipment options that help
construction and industrial companies reach lower-emission targets
without erasing profit margins.
“For companies with budgets large or small, reducing jobsite
emissions is possible now,” said Grant Zoldowski, Director of
Environmental Management, United Rentals. “A smart jobsite
sustainability strategy starts with data. Targeting the predominant
sources of emissions on projects and jobsites allows companies to
focus their efforts and dollars on changes that will yield the
biggest results. This approach provides the foundation for more
sustainable power generation, battery storage and electric
equipment options.”
Here are four initiatives companies can take today to make their
jobsites more sustainable.
Identify the Biggest Improvement Opportunities: Companies
can use data to guide decisions around fleet sustainability efforts
to identify changes that yield the biggest return on
investment.
Embrace Power Generation Alternatives: New power
generation options open the door to greener operations that provide
the power needed for productivity and safety. Cleaner-burning
generators that use propane, natural gas, renewable diesel or
hydrogen are available now. Power options include combining solar
panels with a battery to provide a quiet, zero-emission renewable
energy generator.
Leverage Battery Energy Storage: New energy storage
solutions enable companies to reduce the use of emission-generating
portable power equipment. Bigger and better standalone batteries
have the power to replace some diesel generators. Hybrid power
systems that use a battery to store excess power can slash
generator run time along with fuel use and emissions.
Incorporate Electric or Hybrid Equipment: Electric
equipment offers performance on par with diesel-fueled equipment
while eliminating direct emissions. Lower operating costs and
significantly reduced maintenance needs partially offset the higher
upfront expense. Lithium-ion batteries and electric engines are
essentially maintenance-free.
“Renting provides an opportunity for companies to experiment
with more sustainable solutions such as electric machines, portable
power options, and battery energy storage systems without investing
in new equipment. All of these technologies can work together to
reduce the reliance on petroleum-based diesel and help companies
shift to lower-emission and even zero-emission fleets,” said
Zoldowski.
About United Rentals
United Rentals, Inc. is the largest equipment rental company in
the world. The company has an integrated network of 1,500 rental
locations in North America, 15 in Europe, 23 in Australia and 19 in
New Zealand. In North America, the company operates in 49 states
and every Canadian province. The company’s approximately 25,900
employees serve construction and industrial customers, utilities,
municipalities, homeowners and others. The company offers
approximately 4,800 classes of equipment for rent with a total
original cost of $20.98 billion. United Rentals is a member of the
Standard & Poor’s 500 Index, the Barron’s 400 Index and the
Russell 3000 Index® and is headquartered in Stamford, Conn.
Additional information about United Rentals is available at
unitedrentals.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240116626455/en/
Elizabeth Grenfell Vice President, Investor Relations O: (203)
618-7125 investors@ur.com
United Rentals (NYSE:URI)
Historical Stock Chart
From Mar 2024 to Apr 2024
United Rentals (NYSE:URI)
Historical Stock Chart
From Apr 2023 to Apr 2024