Morgan Sindall awarded A grade for action on climate change
/Morgan Sindall Group plc has been awarded an A Grade by CDP, formerly the Carbon Disclosure Project, in recognition of its actions to tackle climate change.
The Group is the only major UK-based contractor to achieve the grade in 2020 for its climate change initiatives. The ranking acknowledges the company’s continued efforts to meet its environmental targets and make its businesses more sustainable.
CDP is an independent and voluntary carbon reporting scheme which assesses how companies cut emissions, mitigate climate risks and develop low-carbon alternatives. Of some 5,800 companies to take part this year, only 270 worldwide made the A list.
The company has been recognised for its leadership in sustainability each year for the past four years.
‘For the planet’
“We are pleased to have been singled out, once more, as leading on environmental action within our sector,” said Morgan Sindall Group plc founder and Chief Executive John Morgan.
“We know that the construction and regeneration sectors have a genuine role to play in changing how everyone does business, placing environmental awareness at the very centre of our decision-making,” he added.
“We are changing how we manage our projects, the kinds of places we create and the legacy these leave. It’s better for the planet, for people and for business.”
Morgan Sindall is committed to minimising its environmental impact and is implementing a range of measures to achieve this. These include reducing carbon emissions, using responsible construction methods and sustainable materials, and reducing waste.
The company has a strong track record of environmental leadership, becoming the first construction company in the UK to set and approved science-based emission reduction targets and, in 2012, the first non-FTSE 350 company ever to be included in the Climate Disclosure Leadership Index. In 2020, for example, it aims to divert 94% of waste from landfill.
‘Taking the lead’
Paul Simpson, CEO of CDP said: “Taking the lead on environmental transparency and action is one of the most important steps businesses can make and is even more impressive in this challenging year marked by COVID-19.”
“Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net-zero sustainable economy become a reality.”
CDP’s annual environmental disclosure and scoring process is widely recognised as the highest standard of corporate environmental transparency, analysing disclosed data on environmental impacts, risks and opportunities.
Companies are assessed according to the comprehensiveness of their disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership.