Costain
Group PLC
17
October 2024
Costain obtains London Stock
Exchange's Green Economy Mark
The Green
Economy Mark demonstrates how Costain's services are delivering
environmental benefits
Costain Group PLC
("Costain", or the "Group") has obtained the London Stock Exchange's Green Economy Mark,
highlighting the sustainability and environmental benefits
delivered through the Group's services.
The Green Economy Mark identifies
companies and funds admitted to the London Stock Exchange's markets
that generate at least half of their total annual revenue from
products and services that contribute to the global green
economy. Costain is one of 102 corporates
and funds that hold the Green Economy Mark, representing 6% of all
those listed on the London Stock Exchange.
To assess the contribution, London
Stock Exchange utilises the FTSE Russell Green Revenues
Classification System (GRCS). The GRCS acts as a comprehensive
taxonomy for green products and services to help investors identify
a company's green revenue activities.
Alex
Vaughan, CEO, Costain, commented: "The Green Economy Mark is testament to our commitment to
deliver connected, sustainable infrastructure. It's an endorsement
that will give confidence to our investors and stakeholders
regarding our support for the UK's sustainability
priorities."
Julia Hoggett DBE, CEO of the London Stock Exchange Plc,
added: "Congratulations to Costain
on obtaining the Green Economy Mark, which highlights companies or
funds that derive 50% or more of total annual revenues from
products and services that contribute to the global green economy.
Companies within the Green Economy Mark cohort play an important
role in accelerating the transition to a more sustainable
economy."
Enquiries:
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Investors and analysts
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paul.sharma@costain.com
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Paul Sharma, Costain
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+44 (0) 7867 501188
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Financial media - Headland
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costain@headlandconsultancy.com
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Andy Rivett-Carnac
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+44 (0) 7968 997 365
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Charlie
Twigg
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+44 (0) 7946 494 568
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Notes to editors
Costain helps to improve people's
lives by creating connected, sustainable infrastructure that
enables people and the planet to thrive. We shape, create and
deliver pioneering solutions that transform the performance of the
infrastructure ecosystem across the UK's transport, energy, water,
and defence markets.
We are organised around our
customers anticipating and solving their challenges and helping to
improve performance. By bringing together our unique mix of
construction, consulting and digital experts we engineer and
deliver sustainable, efficient and practical solutions.
