ERA’s new CSR KPI framework in development

By Belinda Smart31 March 2021

The European Rental Assocation is developing a framework around corporate social responsibility key performance indicators - the ‘CSR KPI framework’ for use by rental companies.

“Rental industry customers and other stakeholders (investors, staff, suppliers, regulators, Government agencies, NGOs, etc.) increasingly expect equipment rental companies to ‎put in place Key Performance Indicators (KPIs) to measure their CSR performance levels, ‎set targets and report progress against these targets,” an ERA statement confirmed. 

The framework’s objective will be to enable equipment rental companies to implement different levels of KPIs, depending on their level of maturity.

“The minimum KPI set is the perfect ‘starter’ framework. Once ‎companies have experience implementing and using the minimum set, they can progress to ‎implementing good practices and, finally, to developing best practices and becoming industry leaders.”

The association has appointed epi Consulting, an award winning international sustainability strategy and innovation consultancy based in the UK, to work on the framework.

The ERA will make the guidance framework available in the coming weeks.

For more information, contact era@erarental.org.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
REIC makes second acquisition in 10 days
Rental company’s North American expansion set to continue, says parent company Kinderhook
Boels reveals €551 million investment
Long-term growth expected for the construction equipment rental market, the company says
JLG introduces a ‘company-first’
JLG’s X660SJ crawler boom offers operators a new solution for working at height
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Belinda Smart
Belinda Smart Editor Tel: 44 (0)1892 786209 E-mail: belinda.smart@khl.com
CONNECT WITH SOCIAL MEDIA