Stagecoach, parent of Hull bus operator, Stagecoach East Midlands, has been recognised for its consistently strong transparency on climate impact and sustainability by global environmental experts, CDP.
In its latest accreditation, Stagecoach was awarded an ‘A-’ rating for climate change and ‘B’ for water security, maintaining the ratings for the second consecutive year. This is out of more than 22,100 companies that reported.
CDP applies a rigorous and independent methodology to evaluate disclosure quality, risk awareness, environmental management and evidence of best practice. Scores range from A to D-, reflecting the degree of ambition, target-setting and action.
Matt Cranwell, Managing Director of Stagecoach East Midlands, said: “Our local environment is hugely important to us, because we are a key part of our local communities, so it is only right that we work to improve that environment. However, such initiatives are not just a question of environmental impact – they have a real impact on customers.
“For example, if we maintain our buses to the highest standards, then they provide the most comfortable and reliable ride possible. Such achievements are only possible because of the dedicated professionals who run and maintain our buses day in and day out.”
Greg Ritt, Group Head of Sustainability at Stagecoach, added: “Maintaining our ‘A-’ and ‘B’ ratings over two consecutive years is a fantastic result and reminds us that we are on the right path. We are well positioned to reach our Science Based Target for 2032 and zero-emissions fleet commitment in 2035.”
Meanwhile, Sherry Madera, CEO of CDP said: “A CDP score is a sign of commitment to high-quality data that enables companies to take earth-positive economic decisions that future-proof their operations, improving access to capital, competitiveness and compliance. Tackling environmental risks head-on will create a more resilient economy and increase companies’ ability to innovate and invest. We look forward to seeing all companies build on their accolade and turn their commitments into meaningful and effective action.”
For more information on Stagecoach’s sustainability activity, visit www.stagecoachbus.com/corporate/sustainability