United Rentals Releases 2022 Corporate Responsibility Report, Bringing Electric and Hybrid Fleet to 31 Percent
United Rentals, the world’s largest equipment rental company, released its 2022 Corporate Responsibility Report, showcasing the company's dedication to sustainability, culture and governance.
2022 was a landmark year for United Rentals, which celebrated its 25th anniversary. For more than 25 years, the company has been at the forefront of partnering with its customers, communities and employees to build a better future together.
The report highlights the company’s progress in sustainability both in its operations and in customer offerings. Notably, 31 percent of the company’s rental fleet consists of electric or hybrid equipment. Additionally, United Rentals introduced an industry-first emissions tracking tool on its Total Control platform, helping customers track their sustainability performance.
United Rentals welcomed a record 8,000 new team members in 2022. The company's dedication to diversity and welcoming new employees to the 1UR culture yielded positive results, increasing diversity in sales and management positions and improving on an already strong retention rate despite a challenging labor market. The company also maintained its best-in-class safety rating while reducing its already low U.S. total recordable incident rate.
These achievements have earned United Rentals well-deserved recognition. In 2023, United Rentals was named a JUST 100 company, listed on Glassdoor’s 100 Best Places to Work and also appeared on Newsweek's lists of America's Most Trustworthy and America's Most Responsible Companies.
“This momentum, and the determined enthusiasm of our teams, is what will energize us for the next 25 years and beyond,” said Matthew Flannery, CEO of United Rentals. “It feels good to prove that an ethical, sustainable business can also be a profitable, successful business.”
United Rentals 2022 Corporate Responsibility Report was developed in alignment with the Global Reporting Initiative guidelines and contains a Sustainability Accounting Standards Board index. The company also published a separate and expanded Task Force on Climate-Related Financial Disclosures Report.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.