The European Rental Association (ERA) has published Version 3.0 of its Sustainability KPI Framework — a major step forward in supporting rental companies to implement structured, relevant, and CSRD-aligned sustainability reporting practices. The new framework is accompanied by an Excel-based KPI list and a comprehensive set of guidance slides that help organisations navigate the selection and application of the right indicators for their business.
The updated Framework 3.0 has been developed by ERA in partnership with epi Consulting and is specifically designed to reflect current and emerging EU sustainability reporting standards, while maintaining a practical and sector-focused approach.
First launched in 2021 and updated in 2023, the ERA KPI Framework has always aimed to provide rental companies with a clear and consistent method to measure and improve sustainability performance. Version 3.0 takes this ambition further by integrating the requirements of the Corporate Sustainability Reporting Directive (CSRD) and its associated standards (ESRS and VSME), ensuring that the indicators are not only meaningful, but also regulatorily relevant.
Version 3.0 was shaped through consultations with leading rental companies in Europe. These insights helped determine which sustainability topics are most material to the rental sector and which indicators are best suited for transparent, comparable reporting — regardless of company size.
How to use the Sustainability KPIs 3.0 guidance framework
1. Review and update the current approach to ensure the sustainability reporting needs of stakeholders are met, based on the recommendations within this report, noting the minimum, good practice and best practice recommendations for each of the eight areas.
2. If there is no sustainability KPI framework in place, create a framework that is most suitable for your organisation by implementing minimum, good practice or best practice KPIs as appropriate to the size, complexity and sophistication of your organisation.
3. Develop a sustainability reporting action plan, starting with a plan to introduce the minimum recommended KPIs in each area, moving onto good practice as you mature your approach and finally implementing best practice and becoming an industry leader.
The framework was developed for ERA by an independent consultant – epi Consulting – and is updated from the original publication in 2021. It is suitable to be adopted by rental companies as is or adapted to their specific requirements. In addition to the framework itself, the report includes an introduction, a performance checklist, a section on reporting against the Sustainable Development Goals and a section on reporting compliance with key EU legislation.
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