We recognise that we need to achieve the highest standards of environmental management and that this is a key element of maintaining our business reputation and success.
In compliance with the Carbon Reduction Commitment, the Government’s carbon emissions trading scheme, Babcock recognises the benefits achievable by both being more energy efficient and reducing our carbon footprint. We are therefore making new progress to be fully compliant with the new regulations which will come in to force in April 2010. Additionally, base lines will be set and performance measurements will be introduced.
This regime enhances activities that are already undertaken across the Group, such as participation in the Climate Change Agreement (Gas usage) and the EU Emissions Trading Scheme (Gas and Oil usage) by Babcock’s Marine division (Devonport).
These activities will help us manage the footprint and reduce our emissions over time and allow us to report accurately in future.