Carbon Intelligence has worked with Network Rail to develop and adopt a series of carbon reduction targets, aligned to globally accepted climate science and establish its pathway to net zero emissions. Network Rail recently just launched their Environmental Sustainability Strategy for 2020-2050, of which these science-based targets will play a crucial role in maintaining momentum, focus and ensuring this strategy stands up to scrutiny.
The approved targets are as follows:
- Reduce absolute Scope 1 and 2 GHG emissions by 46% by 2029 from a 2018 base year
- 75% of suppliers to set SBTs by 2025
- Reduce absolute Scope 3 indirect use-phase emissions by 28% by 2029 from a 2018 base year, reducing diesel emissions on the network in line with well-below 2 degrees
We expect these targets to deliver an overall 41% reduction in emissions by 2029. To give an idea of scale, Network Rail is one of the top five energy consumers in the UK, so this reduction in absolute terms will deliver a significant impact and should make significant headway towards achieving the UK’s net zero target! Read the full case study here.
Martin Frobisher, Director of Safety, Technical and Engineering at Network Rail, said: “Our aim is to serve the nation by providing the cleanest and greenest form of mass transport. We begin from a strong starting point. Rail is already green compared with other modes of transport but there is still a lot more that we can do. Today we are launching ambitious plans to reduce our emissions, improve our resilience to climate change and to be good for nature in the places where we operate. It is an exciting plan with many detailed commitments which will enable us to meet our targets. We will be working closely with our suppliers and with other industry partners to deliver these commitments.”
Carbon Intelligence considers setting a science-based target as one of the strongest and most credible ways a company can demonstrate their commitment to tackling climate change. We are proud to have now worked with 1 in 3 UK companies on their approved science-based targets. Find out more here
We don’t want to conversation to stop here, get in touch today to find out how we’re helping clients set and achieve their ambitious climate targets, email email@example.com