Kier, an infrastructure services and construction company, has been recognised for its sustainability initiatives by London Stock Exchange Green Economy, UN-backed Science Based Targets initiative (SBTi) and the leading standard for carbon management solutions in buildings.
The UK-based company was awarded the London Stock Exchange Green Economy Mark, given to listed companies which can demonstrate that 50% of their revenue is derived from green products and services.
Group-wide targets to reduce its greenhouse gas emissions have also been validated by the UN-backed Science Based Targets initiative (SBTi), following the successful implementation of the Group’s Carbon Reduction Plan.
The validated long-term targets include achieving net zero for scope 1, 2 and 3 emissions by 2045
The validated long-term targets include achieving net zero for scope 1, 2 and 3 emissions by 2045.
Kier’s Infrastructure Services and Construction segments are also now PAS 2080 certified, the leading standard for carbon management solutions in buildings and infrastructure.
The achievements are a key milestone for Kier’s sustainability strategy, following the launch of its updated ‘Building for a Sustainable World’ framework last year, and demonstrate the Group’s commitment to its aim of sustainably delivering infrastructure which is vital to the UK.
We believe that to be a responsible business, we must address the impact of climate change
Andrew Davies, Chief Executive of Kier, said: “At Kier, our purpose is to sustainably deliver infrastructure which is vital to the UK, and these combined achievements present a key milestone in our ESG strategy."
"We believe that to be a responsible business, we must address the impact of climate change, as well as leaving a lasting legacy in the communities in which we operate," Davies concluded.