HVS Secures Greenly's Gold Medal, Ranking in the Top 5% for Global Climate Leadership
Hydrogen Vehicle Systems Limited
Press Release
27th August 2024
Glasgow
Securing Greenly's Gold Medal places HVS in the top 5% of companies globally, highlighting HVS’ leadership in climate action and environmental responsibility.
This award reflects HVS’ commitment to rigorous carbon accounting, measuring all three scopes of emissions—direct, indirect from energy use, and extensive value chain impacts—to set and achieve ambitious reduction goals.
By analysing and benchmarking their emissions against industry standards, HVS continuously refine their strategies, ensuring continual improvement and alignment with international climate targets.
High-res media images: https://www.hvs.co.uk/media
HVS is thrilled to announce that they have been awarded the prestigious Gold Medal by Greenly, a global leader in digital carbon footprint analysis and corporate climate performance evaluation. This recognition places HVS among the top 5% of companies worldwide for their proactive and innovative approach to climate action and environmental responsibility.
The Gold Medal represents the culmination of their year-long commitment to sustainability, during which HVS have reached several groundbreaking milestones. Last year, HVS proudly received the Silver Medal, putting them in the top 10% of businesses actively addressing their carbon footprint. This year, they went further. In the past year alone, HVS celebrated the first trailer pull of their hydrogen fuel cell truck on the test track. Their commitment to sustainability didn’t end on the test track; it extended across their entire operation. This year HVS measured more emissions, committed to more action, and educated more employees on the importance of environmental stewardship.
Greenly’s rigorous assessment process evaluates a company's greenhouse gas emissions, climate strategy, and environmental initiatives across three key areas: Scope One (direct emissions), Scope Two (indirect emissions from energy use), and Scope Three (indirect emissions throughout the value chain). This comprehensive evaluation ensured that HVS not only met but exceeded international climate goals, aligning their efforts with the Paris Agreement’s targets.
"The Gold Medal is a testament to the dedication, hard work, and innovative spirit of the entire HVS team. It underscores our belief that you cannot control what you don’t measure—carbon accounting is a crucial part of our sustainability strategy. By setting clear, quantifiable action plans, we’ve not only reduced our emissions but also created a foundation for continuous improvement."
Jawad Khursheed
Chief Executive Officer
"Carbon accounting has provided us with the data and insights needed to drive our decarbonisation strategy. Winning the Gold Medal is an incredible achievement, and I’m immensely proud of our team’s commitment to sustainability. But we won’t stop here—we’re already looking ahead to new challenges and greater achievements."
Kathryn Charman
Head of Supply Chain and Sustainability
HVS is dedicated to developing sustainable transport technology solutions to help fleet operators decarbonise the commercial vehicle sector. As a new OEM, their focus is not only on creating innovative product lines that positively impact the planet but also on embedding sustainability into every aspect of their operations.
HVS’ Technology Demonstrator
"We congratulate HVS for their successful efforts to decarbonise the transport industry. As demonstrated by their exemplary approach, sustainability is not a one-time operation, but a series of small, cumulative actions building towards a greener future. We look forward to accompanying them in their future initiatives towards greater sustainability."
Alexis Normand
CEO of Greenly
Being awarded the Greenly’s Gold Medal is one of the biggest recognitions an OEM can achieve.
As they celebrate these milestones, the Sustainability Team at HVS already setting their sights on the future. Much like the athletes at the Paris 2024 Olympics, they know that success requires consistency, dedication, and a team that believes in pushing boundaries. Together, HVS will continue to strive for faster, higher, and stronger action in the fight against climate change.
To find out more about our journey to Gold, you can read this article written by our Sustainability Team: https://www.hvs.co.uk/blog/going-for-gold
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Greenly collaborates with over 2,000 companies to effectively reduce their greenhouse gas emissions by offering the world's most intuitive carbon accounting solution. Utilising smart data collection and advanced features, Greenly provides a comprehensive platform to manage your climate strategy from start to finish. They accurately measure direct and indirect emissions (scopes 1, 2, and 3) by analysing the physical and monetary flows linked to your business activities. Greenly's platform includes a robust carbon assessment, a library of action plans to reduce emissions, employee awareness tools, and complete reporting capabilities to communicate progress to stakeholders. Compliant with the GHG Protocol and CDP, and praised by ADEME for its technical expertise and data transparency, Greenly ensures that companies can track, reduce, and report their emissions with ease and precision.
HVS (Hydrogen Vehicle Systems) is a UK company founded 2017. From innovative powertrain design to ground up production, HVS aims to disrupt the commercial vehicle industry by being an early mover with the most advanced, all–new zero emission HGV. Leading the way in hydrogen electric vehicle design, HVS is pioneering cutting-edge solutions that will decarbonise one of the heaviest polluting sectors worldwide. Combining unique design, efficiency, and performance; HVS will provide the ultimate driver experience at lower costs and lowest emissions.
Top Fact
Based on HVS' conservative sales projections, by 2030 the new UK fleet of hydrogen HGVs displacing diesel vehicles could prevent more CO2 and noxious air emissions than the reported on-ground annual emissions of Heathrow airport.
Green hydrogen is an infinitely renewable fuel. It is made using renewable electricity to split water (H2O) into hydrogen and oxygen. In the fuel cell, hydrogen recombines with oxygen from the air to produce heat, power and water.
Fuel Cells were invented in the UK by a Welsh scientist Sir William Grove in 1839.
The UK is home to leading international hydrogen production, supply and storage industries, and HVS is an emerging OEM.
For media enquiries, please contact:
media@hvs.co.uk+44 (0) 24 7538 2934