We have made strong progress in recent years. But we want to go further. Our new targets are set through the Intergovernmental Panel on Climate Change’s Sectoral Decarbonisation Approach.
We have backed these targets up with action. We recently made significant new commitments, to:
- never buy another diesel bus in the UK;
- launch a procurement challenge to design an electric coach for our airport shuttle services;
- set ambitions for our UK bus and UK coach businesses to be zero emissions by 2030 and 2035, respectively; and
- include environmental targets as 25% of the Long-Term Incentive Plan for all senior executives.
In 2019, we introduced a new approach to tracking our environmental progress, using the Sectoral Decarbonisation Approach (SDA) methodology. The SDA methodology is the only approach with transport sector-specific metrics, using Climate science to set targets relevant to the industry concerned.
We have set an initial seven-year reporting period, from a 2018 baseline, with three new targets which meet the 2018 IPCC goal of controlling the increase in global warming to below 2°C (2DC), and three additional targets.
This science-driven approach creates an absolute target for the KPI period, and places more importance on achieving the end target than year-on-year movement.
The intention is for the Group SDA targets to be reviewed regularly as climate science, technology and forecasting methods improve. We are already considering our level of ambition and will be reviewing a move to 1.5DC in advance of the existing 2025 target year.