Mansfield bus company recognised for contributing to green economy

Stagecoach is one of around only 80 companies publicly listed in the UK who have received the new London Stock Exchange (LSE) Green Economy Mark.

Stagecoach is also one of only two public transport groups to achieve the benchmark, which is reserved for companies that generate more than 50 per cent of their total annual revenues from products and services that contribute to the global green economy.

The Green Economy Mark identifies sectors that are contributors to a greener, more sustainable economy such as through climate change mitigation and adaptation. It looks beyond solely clean technology companies to highlight businesses driving the transition to a sustainable, low carbon economy.

Stagecoach bus, coach and tram shared transport services provide a significantly greener alternative to the private car. With one double-decker bus able to take more than 70 cars off the road, Stagecoach is a major part of the solution to the climate emergency and declining air quality in Britain's increasingly congested towns and cities.

The company has also achieved the FTSE4Good global corporate responsibility standard for the 19th consecutive year. Constituents in the FTSE4Good Index Series have been independently assessed as meeting stringent environmental, social and governance criteria.

Stagecoach was rated as having a percentile rating of 98 out of a maximum of 100, putting it in the top 3% of companies in the travel and leisure sector. Stagecoach director of communications Steven Stewart said: "Doing the right thing and growing our business in a sustainable way is central to the way we work. Our people and our services are making a huge positive impact on our communities and local economies, as well as helping tackle the climate emergency.

"But we want to achieve more and we are already working on plans which will make the switch to greener public transport easier, help keep our communities connected, and reduce further our impact on the planet as we work with government to deliver a net-zero Britain."