TIP Group is leading the industry in sustainability
19.9.2022 15:00:00 EEST | Business Wire | Press release
TIP Group is ranked number 1 out of 355 companies in its inaugural ESG rating, within the transportation industry as rated by Sustainalytics, a leading independent ESG analytics firm.
Bob Fast, President and CEO of TIP Group: “It fills us with pride to say that TIP Group is now an externally verified industry leader in sustainability. This outstanding result bears testament to our successful approach to sustainability for generations to come.
To achieve this ranking we started by identifying areas in which we can make the biggest impact like offering zero and low emission vehicles to our customers or utilizing telematics data to enable our customers to run their fleets more efficiently.
This was followed by executing on our targets such as becoming a carbon neutral organization according to international goals.
Our ambition is to leverage our position as an industry leader to enable our partners to turn the green transition into a success.”
The key results of the Sustainalytics rating in a nutshell are:
- TIP Group was awarded an overall score of 7.2 which corresponds to the lowest risk categorized as “negligible risk”
- We ranked #1 out of 355 companies within our Transportation industry
- We ranked 37 among all 14,656 assessed companies globally
Only a few weeks after publication of TIP Group’s first ever sustainability report and having successfully linked sustainability KPIs to its revolving credit facility earlier this year, this rating constitutes another milestone in its EHS ambitions
TIP Group is still in an early phase of its sustainability journey and will continue to play our part in being a leading driver of sustainability in the transport industry.
About Sustainalytics
Sustainalytics provides high-quality, analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies. Sustainalytics has a robust research process - led by over 500 research analysts - that is data-driven and encourages issuer feedback.
Sustainalytics covers more than 20,000 companies in 172 countries with its ESG risk ratings.
About TIP
Headquartered in Amsterdam, the Netherlands, TIP is one of Europe and Canada’s leading equipment service providers, specialising in trailer leasing, rental, maintenance and repair, as well as other value-added services and provides these to transportation and logistics customers across Europe and Canada. TIP services customers from 102+ locations spread over 17 countries in Europe and Canada
For more information, please visit: https://www.tipeurope.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220919005416/en/
Contact information
Kapil Sharma
Treasury and Investor Relations Director
T: +31 20 504 1677
M: +31 621 105358
E: kapil.sharma@tip-group.com
Markus Pretzl
Director ESG / EHS
M: +31 6 18976092
E: markus.pretzl@tip-group.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Red Sea Global Reveals ADRENA, a New Adventure and Entertainment District16.2.2026 22:11:00 EET | Press release
Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA, has revealed plans to open an adventure and entertainment district. It will be unveiled to the public from 1 March, following a soft launch for invited guests from 15 February. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216890688/en/ ADRENA is located a short drive away from the recently opened Shura Island Named ADRENA, it will serve guests from across The Red Sea destination and further afield. Located a short drive from Shura Island, the district will offer visitors unique activities, ranging from surfing to wakeboarding, cliff diving to skateboarding. Set in a truly unspoiled and natural environment, ADRENA offers day and night entertainment for different moods. After dark, the beach club becomes a place to unwind while a DJ plays rhythmic house music, delicious South American cuisine is accompanied by an espec
HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for Hydrocarbon Exploration and Production with the Hellenic Republic16.2.2026 20:07:00 EET | Press release
HELLENiQ ENERGY, in collaboration with Chevron, signed today the Lease Agreements with the Hellenic Republic for the exploration of four offshore blocks located south of Crete and the Peloponnese, marking a significant milestone for Greece’s upstream development. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216381183/en/ Snapshot from the signing of the lease agreements at the Maximos Mansion, attended by Prime Minister Kyriakos Mitsotakis. From left: Stavros Papastavrou, Minister of Environment and Energy; Andreas Shiamishis, CEO of HELLENiQ ENERGY; Gavin Lewis, VP Global New Ventures at Chevron; and Aristofanis Stefatos, CEO of HEREMA The successful consortium, with Chevron at 70% interest and being the Operator and HELLENiQ ENERGY at 30% interest, was selected following a competitive international tender launched by the Greek State in 2025. The four offshore blocks - South Crete 1, South Crete 2, South of Peloponnese
Nexo Returns to the U.S.16.2.2026 18:00:00 EET | Press release
Nexo today announced its formal return to the United States market in 2026. The company’s official U.S. relaunch is being executed in partnership with regulated partners, providing a U.S.-compliant framework for the company’s investment and credit product offerings. Digital asset trading infrastructure is provided by Bakkt, a publicly listed U.S.-based digital asset platform purpose-built to support institutional risk management and compliance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216234514/en/ Nexo is relaunching its flagship Yield, Exchange, Loyalty, and Credit Lines in the United States. Nexo’s renewed presence in the United States follows a period of deliberate recalibration and reflects the company’s long-term commitment to operating in markets where regulatory frameworks are evolving, institutional standards are clearly defined, and innovation can be pursued responsibly. The relaunch represents a strategic
TRU Simulation’s Full Flight Simulator for the Cessna Citation Ascend Achieves FAA Qualification, Expanding Advanced Training for Midsize Jet Pilots16.2.2026 17:00:00 EET | Press release
TRU Simulation + Training Inc., a Textron Inc. (NYSE:TXT) company, and an affiliate of Textron Aviation, announced today its Full Flight Simulator (FFS) for the Cessna Citation Ascend has achieved Federal Aviation Administration (FAA) Level D qualification. This milestone significantly enhances advanced training options for midsize jet pilots, delivering a highly immersive and true-to-life training environment on the recently FAA certified Citation Ascend. European Union Aviation Safety Agency (EASA) qualification is anticipated in 2026, further extending the simulator’s global reach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216456292/en/ TRU Simulation’s Full Flight Simulator for the Cessna Citation Ascend achieves FAA qualification, expanding advanced training for midsize jet pilots “Pilots deserve training capabilities that reflect the advanced technology and performance that the Citation Ascend brings to the mid
Andersen Global Strengthens Global Mobility Platform with Addition of Member Firm16.2.2026 16:30:00 EET | Press release
Andersen Global reinforces its presence in Switzerland with the addition of new member firm Exactio, bolstering its global mobility capabilities and further enhancing its integrated, multidisciplinary professional services model. Exactio provides tailored global mobility advisory and compliance services to multinational companies and internationally mobile individuals. The firm’s experienced team advises on Swiss and international tax, social security, pension, payroll, and immigration matters, supporting organizations in navigating complex employer obligations while ensuring a seamless and compliant global mobility experience. Exactio is dedicated to understanding each client’s unique needs and delivering responsive, practical solutions through a hands-on, human approach across every engagement. “At Exactio, we are committed to delivering personalized, practical, and timely solutions that enable our clients to navigate the complexities of global mobility with confidence,” said Per Mel
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom