{"id":5471,"date":"2023-05-17T09:28:27","date_gmt":"2023-05-17T08:28:27","guid":{"rendered":"http:\/\/beaconrail-import.topleftdesign.com\/?page_id=5471"},"modified":"2025-06-12T16:44:41","modified_gmt":"2025-06-12T15:44:41","slug":"climate-policy","status":"publish","type":"page","link":"https:\/\/beaconrail-import.topleftdesign.com\/en\/about\/esg\/climate-policy\/","title":{"rendered":"Climate Policy"},"content":{"rendered":"\n
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Climate<\/span>Policy<\/span><\/h1>\n ESG:<\/a>\n \n \n \n \n <\/g>\n \n \n \n <\/g>\n <\/g>\n<\/svg>\n <\/div>\n<\/div>\n\n\n

The purpose of this policy<\/h2>\n\n\n\n

Is to set out rationale and objectives for how we will achieve our vision to become a successful, sustainable and resilient business using our control and influence, and working together with our customers and suppliers to support the energy transition towards a net zero rail sector across Europe.<\/p>\n\n\n\n

Why climate matters to us<\/h2>\n\n\n\n

There is overwhelming consensus that human activities have warmed the atmosphere, land and oceans. The primary driver of climate change is fossil fuel combustion, with global consumption increasing around 8-fold since 1950 and roughly doubling since 1980. The most recent Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report (AR6)\u00b9 released in August 2021 provides a clear and up-to-date view of the current state of scientific knowledge relevant to Earth\u2019s climate \u2013 emphasising that climate change is and will continue to cause greater widespread harmful effects to people and the environment than previously appreciated.<\/p>\n\n\n\n

Environmental health matters. Poor environmental health is a significant threat to human health. Air, soil and water pollution, inadequate waste management and ecosystem degradation all adversely impact human health. The World Health Organisation (WHO) outline that climate change is both directly and indirectly impacting health by increasing the frequency and severity of extreme weather events such as droughts and flooding, aggravating existing food insecurity, changing infectious disease patterns, and increasing respiratory diseases from poor air quality.<\/p>\n\n\n\n

Climate change risks are projected to negatively impact economies. The risks of extreme weather events and temperatures, biodiversity loss and failures of climate change adaptation and mitigation could result in significant disruption to supply chains and critical infrastructure. By mid-century, the world stands to lose around 10% of total economic value from climate change if temperature increases stay on the current trajectory.\u00b2 The World Economic Forum\u2019s Top Global Risks\u00b3 outlines the potential financial impacts of these risks on the global economy which stands as an impetus for businesses to take action to enhance the resilience of their business.<\/p>\n\n\n\n

All businesses have an important role to play in responding to climate change. We have a moral obligation to help abate the climate crisis and environmental degradation by implementing voluntary reductions of greenhouse gases (GHG) within our control and engaging in mitigation and adaptation activities outside our direct control where we have influence. We recognise global climate targets set in the 2015 Paris Agreement and specific targets for the transport and rail sector in the European Union and the United Kingdom. Companies should continue to strive towards improving the sustainability and efficiency of their operations, services and products and realise the moral imperative, economic benefits and social value of such a transition for both current and future generations.<\/p>\n\n\n\n

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  1. IPCC (2021) Climate Change 2021: The Physical Science Basis Climate Change 2021: The Physical Science Basis (ipcc.ch)<\/a><\/li>\n\n\n\n
  2. Swiss Re Institute (2021) The economics of climate change https:\/\/www.swissre.com\/institute\/research\/topics-and-risk-dialogues\/climate-and-natural-catastrophe- risk\/expertise-publication-economics-of-climate-change.html<\/a><\/li>\n\n\n\n
  3. World Economic Forum (2023) The Global Risks Report 2023 18th Edition https:\/\/www3.weforum.org\/docs\/WEF_Global_Risks_Report_2023.pdf<\/a><\/li>\n<\/ol>\n\n\n\n

    Our Commitments:<\/h2>\n\n\n\n

    As part of our commitment to climate action and working towards Net Zero, Beacon Rail resolves to undertake the following actions:<\/p>\n\n\n\n