09/17/2021 | Press release | Distributed by Public on 09/17/2021 01:00
17 September 2021
In advance of COP26, the United Nations climate change conference in November, Balfour Beatty, the international infrastructure group, today launches the first in a series of innovative solutions and learnings to support the construction and infrastructure industry in reaching Net Zero Carbon emissions.
Building on its 55% carbon emissions reduction since 2010and its recent commitment to the United Nations Race To Zerocampaign, the company is also gearing up for its official submission to the Science Based Target Initiative.
To kickstart its countdown to COP26, Balfour Beatty partnered with the Supply Chain Sustainability Schoolto undertake a joint survey targeting nearly 40,000 of the construction and infrastructure industry's supply chain partners, to understand the barriers, issues and opportunities faced by the sector in achieving Net Zero.
In publishing the findings today in its latest thought paper 'Greening the chain: Overcoming barriers for a Net Zero Supply Chain' Balfour Beatty is providing access to key recommendations for policy makers, customers, and the wider industry to help it to achieve Net Zero and play a major role in tackling the global climate change emergency.
Over the coming weeks, Balfour Beatty will demonstrate a wide range of innovative activities that support the bold international targets and ambitions set out in its sustainability strategy, 'Building New Futures'.
Following its month-long internal sustainability campaign, in which Balfour Beatty generated over 750 ideas through its employee-engagement programme, My Contribution, the company will launch a number of new initiatives including:
Balfour Beatty's aim is to be smarter, faster and greener; showing how together, the construction and infrastructure industry can play a key role in tackling the urgent climate change threat through global ambitions and local action.
Leo Quinn, Balfour Beatty Group Chief Executive, said: 'The climate emergency is probably the biggest global societal challenge we have ever faced. It's a challenge that will require all of us to pull together in the same direction.
'Whilst Balfour Beatty has long been at the vanguard of sustainability having halved our carbon emissions in the last decade, we know that more can and should be done. The United Nations Climate Change Conference is a welcome opportunity to accelerate this process forward, as we work in tandem with businesses across our industry and beyond to drive rapid, meaningful change.'
Commenting on Balfour Beatty's programme of activities, The Chancellor of the Exchequer, Rishi Sunak said: 'I welcome Balfour Beatty's efforts in supporting the construction sector to reach net zero.
'We're committed to tackling climate change and, alongside the Prime Minister's ambitious Ten Point Plan, have set up the UK Infrastructure Bank to invest in net zero and will issue £15 billion in green bonds over the next year to help finance green projects.'
To find out more visit Balfour Beatty's dedicated COP26 website pagesor join the conversation on social media using the hashtags #COP26 #SmarterGreenerFaster #BuildingNewFutures. To understand Balfour Beatty's carbon emissions reduction journey, so far, view its carbon timeline here.
ENDS
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Vivienne Dunn Balfour Beatty
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Notes to editors:
About The Supply Chain Sustainability School: