We have become one of the first major construction and infrastructure companies in the UK to have our targets approved as net zero by the SBTi.
The announcement follows the completion of a rigorous assessment of our near and long-term emission reduction targets against the SBTi’s Corporate Net-Zero standard.
The standard provides a clear, consistent and science-based definition of net zero, allowing companies to align their near and long-term emission reduction targets with the Paris Agreement’s goal of keeping planetary warming to 1.5°C.
Crucially, it requires the inclusion of all material sources of emissions, including indirect Scope 3 emissions, and prioritises deep emission reductions of 90-95% by no later than 2050. Residual emissions must be permanently neutralised in line with SBTi criteria before reaching net zero.
We have committed to reducing absolute scope 1, 2 and 3 GHG (Greenhouse Gas) emissions from purchased goods and services 42% by 2030 and 90% by 2045 from a 2020 base year, building towards an overall commitment to reach net zero greenhouse gas emissions across the value chain by 2045.
We are proud to have developed a net zero action plan to ensure immediate and sustained action is taken towards our approved targets.
The action plan focuses on 4 key areas:
- Process, systems and data
- Emission reduction initiatives
- Our people
- Collaboration and innovation
It will support our clients and supply chain partners to achieve their own net zero ambitions by leveraging the contractor's expertise and collaborating on innovative low and zero carbon solutions.
Our targets and summary pathway to net zero can be found here.