Page 14 - Vaculug Sustainable Report 2022

VacuLug’s JouRneY
of sustainabiLitY in Motion
Fed more than 125 thousand people in need (an annual event) through our charity, We are Europe’s largest independent retreading enterprise. Founded in 1950, Vaculug is longstanding private and multi-generational family run entity.
Our company’s headquarters are based in Grantham, United Kingdom, and is located
on 12 acres of land. We also have offices in Leicester and London. Built on a circular business model, our company produces high-quality retreaded tyres for fleets across the UK and Europe. We also offer industry leading fleet management solutions for our customers.
Headquarted in Grantham, England,
we at Vaculug are committed to sharing our passion for saving and preserving the environment for future generations.
Vaculug is also comprised of two additional divisions, Grumac and TEC (Tyre Equipment Company). Grumac is Vaculug’s business unit that sells manufacturing equipment parts and supplies, and TEC is an e-commerce store where customers can buy retreading parts.
Each of Vaculug’s business units contribute
to the retreading industry’s circular economy. In 2022 the company employed 159 people across
the organisation, and processed over 244,000
tyres, up 6.3% compared to 2021. On the fleet management side of the business Vaculug manages over 500,000-wheel positions for vehicles belonging to over 200 fleet operators in the UK.
In July 2018, Vaculug’s ownership transitioned and became a part of the multinational leading Zenises Group. The change in leadership marked the beginning of our journey towards sustainable
transformation. As we continue this journey, it is worth highlighting that in addition to being a responsible business, we are focused
on being a prosperous one.
The important work that we do through the Zenises Foundation depends on it. More than this, growing a sustainable business at a time when the UK economy is slowing, and costs of living are rising
- is truly challenging. Despite the challenges we decided to stay the course and stay true to our commitments and our plans. Guided by sustainable thinking and our core values, we remained steadfastly focused on our vision and long-term goals for the company.
SUSTAINABILITY IN MOTION 2022 14
We are proud of the fact that this past year, despite a slowing economy and the UK retread market falling 20% in 2022, our business grew by nearly 10%. We achieved this whilst not wavering from our sustainability strategy and commitments.
In fact, this past year we stepped up our efforts to execute the plans that we have mapped out for the next few years.