ENVIRONMENTAL STEWARDSHIP

Environmental stewardship is vital to reducing inequalities. We recognise that our operations have an impact on the environment, and that we must act in an environmentally responsible and sustainable manner, report our impact transparently, and mitigate our impact.

“Poverty-environment mainstreaming is a powerful practice to help eradicating poverty, reducing inequality and combating environmental degradation. Economic development and poverty reduction strongly depend on improving management of the environment and natural resources, the ‘natural capital’ of the poor.”

– Isabell Kempf, co-Director, joint UN Development Programme and UN Environment Programme (UNDP-UNEP) Poverty-Environment Initiative

In FY17, we announced our aspiration to become a net zero carbonemitting company by the year 2050. In FY18, we introduced targets aligned to the science-based targets initiative (SBTi), in line with climate science to future-proof our growth and plot our progress towards achieving this ambitious goal. In FY19 we have converted our net-zero aspiration from policy to action.

Our clean and renewable energy initiatives go a long way toward greening the network, reducing carbon emissions and improving our overall energy efficiency. We continue to implement our green procurement policy across the business, and partner with organisations committed to combating climate change such as the B-Team and UN Global Compact.

In FY19 all our environmental impact assessment (EIA) data was automated, improving efficiency, reducing turnaround time and driving EIA compliance.

Kempf, I. (2018), “Poverty and the environment/climate change”, United Nations, available at https://www.un.org/development/desa/dspd/wp-content/uploads/sites/22/2018/05/9.pdf (accessed 20 June 2019)

OECD Pathway

Summary of milestones science-based reductions required to achieve our ‘net zero’ target by 2050

* The balance of 26% will be offset through a programme of carbon offset projects