Balfour Beatty launches refreshed Sustainability strategy “Building New Futures”
09 December 2020
Balfour Beatty, the international infrastructure group, is set to Go Beyond Net Zero Carbon, Generate Zero Waste and Positively Impact More than 1 Million People by 2040 across its UK, US and Hong Kong operations through its refreshed Sustainability strategy, “Building New Futures”, which launches today.
Balfour Beatty has long been at the forefront of sustainability, having launched its first Group-wide strategy in 2009. Building on the significant progress already made across the company, the new strategy recognises the importance of embracing and embedding more sustainable practices across the Group, setting clear global targets and ambitions.
Available to read in full here, the strategy focuses on three core areas – the Environment, Materials and Communities – with each assigned a bold 2040 ambition. To guide the company in its journey to achieve these ambitions, Balfour Beatty will be reporting annually on its progress and against clearly defined 2030 targets to ensure the Group stays on track.
Commenting on Balfour Beatty’s strategy today, Prime Minister Boris Johnson said, “Fantastic to see yet another leading British business set out both an impressive Net Zero target and the necessary short-term action to meet it. Working with Government, it is our brilliant private sector that will create the new clean jobs that will help us build back greener from the pandemic.”
Leo Quinn, Balfour Beatty Group Chief Executive, said: “As we emerge from 2020 and the impacts of COVID-19, we are presented with an opportunity to build back better – smarter, faster and greener.
“Our new Sustainability Strategy, Building New Futures, recognises the widespread benefits that construction and infrastructure can generate; not just in sustainable lower carbon and greener infrastructure, but in a smarter supply chain, with a more diverse and inclusive workplace, in supporting communities and in stimulating national and local economic growth.
“At Balfour Beatty, we’re committed to playing our part in this global challenge, moving our business forward, sustainably, and in doing so, helping to build a better future for everyone”.
Infographic of Balfour Beatty’s refreshed Sustainability strategy “Building New Futures”
“Building New Futures” provides a global framework and empowers colleagues to take action to deliver a better future. Across the UK, US and Hong Kong, each business unit will then further develop bespoke Sustainability Action Plans that address specific local challenges, opportunities and priorities.
Three of Balfour Beatty’s Sustainability Experts explore how the company will deliver its refreshed strategy, Going Beyond Net Zero Carbon, Generating Zero Waste and Positively Impacting More Than 1 Million People.
Here, Kari Sprostranova, Balfour Beatty Group Sustainability Director discusses in more detail the rationale behind “Building New Futures”.
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Notes to Editors
- Balfour Beatty is a leading international infrastructure group. With 26,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.
- Our main geographies are the UK, US and Hong Kong. Over the last 110 years we have created iconic buildings and infrastructure all over the world including the London Olympics’ Aquatic Centre, Hong Kong’s first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.