Three of the North East’s largest companies have been named in a list of Europe’s Climate Leaders.
Transport firm Go-Ahead, technology giant Sage Group and bakery chain Greggs are all included in the list compiled by the FT and data company Statista to highlight companies that are taking steps to reduce their carbon emissions. The list - which is topped by Swedish telecommunications industry company Telia - ranks companies based on CO2 emissions, and also their rating on the CDP environmental database and any involvement in science-based initiatives.
The organisers of the list say: “For any business leader hoping that climate issues could be quietly parked during the energy crisis, the March update from the UN Intergovernmental Panel on Climate Change offered a sharp corrective. Its summary for policymakers said: ‘All global modelled pathways that limit warming to 1.5C...involve rapid and deep and, in most cases, immediate greenhouse gas emissions reductions in all sectors this decade.’ And, while the 500 companies listed in this third edition of Europe’s Climate Leaders — compiled by the Financial Times in partnership with Statista — appear to be moving in the right direction, there is no sign that the pressure to curb emissions is about to abate.”