RCS - Costain Group PLC - Costain obtains LSE Green Economy Mark

CostainAnnouncement

17/10/2024 07:00

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RNS Number : 4584I  Costain Group PLC  17 October 2024

 

 

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:

 

 Investors and analysts      paul.sharma@costain.com
 Paul Sharma, Costain        +44 (0) 7867 501188

 Financial media - Headland  costain@headlandconsultancy.com
 Andy Rivett-Carnac          +44 (0) 7968 997 365
 Charlie Twigg               +44 (0) 7946 494 568

 

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.

 

 

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