Babcock shows support for COP26 goals
Babcock is highlighting its support of the COP26 climate change summit goals with a message showing its commitment to setting ambitious science-based targets in line with 1.5oC limit to global warming and delivering net zero carbon emissions by 2040.
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On Babcock Rosyth’s new Venturer Building, which was opened in September by Defence Secretary and Shipbuilding Tsar Ben Wallace, will be lluminated the message 'Babcock supporting COP26 - #racetozero'.
Babcock’s wider sustainability agenda underpins its corporate purpose: Creating a safe and secure world, together. In May 2021, Babcock launched Plan Zero 40, our commitment to transition Babcock to a net zero emissions organisation across all of our estate, assets and operations by 2040. The Group has also signed up to the Business Ambition for 1.5°C Pledge to limit global warming in line with the Paris Agreement and recently published our Carbon Reduction plan.
Babcock CEO David Lockwood said: “At Babcock we are very supportive of the COP26 goals. As we journey to achieve our net zero emissions target by 2040, we are aware that it will present challenges, but we also welcome the opportunities the low-carbon transition presents. It will require strategic investment – in our people, technology and innovation.
Focusing on minimising the impact of our operations on the environment, ensuring the safety of our people and that we create a positive impact in the communities where we operate is very much at the heart of our strategy. We will continue to drive innovation throughout our value chain and aim to be a leader in low-carbon enablement.”