Australia’s largest rail-based transport business Aurizon has received the award for best year-on-year improvement in climate performance score at the CDP 2015 Australian Climate Leadership Awards.
Managing Director & CEO Lance Hockridge said Aurizon was pleased to be acknowledged among corporate Australia’s best environmental performers and reporters.
"External validation from an organisation such as the CDP gives us great confidence in the work we are doing to reduce our carbon footprint and to keep our stakeholders informed,” he said.
Over the three years of voluntary participation in the CDP, Aurizon consistently improved its climate rating from 73E in FY13, 81D in FY14 to a score of 95B in FY15 (100A being the highest).
The Company achieved this by increasing disclosure on how it manages risks and opportunities associated with climate change, and the initiatives it is implementing to deliver energy savings and emissions reductions.
Two examples are the introduction of a regenerative braking system and also a driver advisory system, which combined delivered significant energy and emission savings from the Company’s fleet of locomotives (responsible for 90% of Aurizon’s combined Scope 1 & 2 emissions).
The Carbon Disclosure Project (CDP) is an international, independent, not-for-profit organisation which compiles corporate climate change information on behalf of the investor community.
Aurizon is committed to continuing its participation in CDP’s climate change program and maintaining transparent communication to the investor and broader community on its climate performance.
Aurizon this month released its FY15 Sustainability Report, which showcases its initiatives and progress towards building a more resilient and sustainable business for the benefit of all its stakeholders.