26.10.12
CDP rates Stagecoach as best transport group for carbon
Stagecoach Group is the highest listed public transport group for carbon disclosure, a new report shows.
The Carbon Disclosure Project FTSE 350 Climate Change Report 2012 analysed how companies are measuring and disclosing the impact of their business on the environment.
Focusing on the measurement of greenhouse gas emissions, emissions reduction targets, provision of information on climate-related actions, reporting on business-specific climate change issues and the use of third party external data verification, the report found that Stagecoach scored ahead of other transport groups such as Go-Ahead.
Stagecoach received a 73 disclosure score, and was placed in performance band C for the positive actions of the company. Go-Ahead Group received 65 and band C; FirstGroup scored 60 and band D; and National Express Group scored 55 and band D.
Steven Stewart, Stagecoach Group director of communications, said: “Growing our business sustainably and measuring our performance is central to our strategy. Our carbon reduction programme and investments are focused on meeting the key challenges facing our business and our planet. Being transparent about our performance and the risks and opportunities ahead is crucial in helping us drive improvement.”
Stagecoach Group is investing £11m in measures to support its sustainability strategy to reduce further the carbon emissions from its transport operations in the UK and North America.
The CDP report is as: www.cdproject.net/CDPResults/CDP-FTSE-350-Climate-Change-Report-2012.pdf
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