Mobico Group PLC
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,411,217 tCO2e (2023)
Scope 1 Emissions:834,815 tCO2e (2023)
Scope 2 Emissions:79,122 tCO2e (2023)
Scope 3 Emissions:497,280 tCO2e (2023)
Renewable Energy Share:Not disclosed
Total Energy Consumption:85.50 MWh/mpkm (2023)
Water Consumption:411,692 m3 (2023)
Waste Generated:883 tons (2023)
Carbon Intensity:Reducing carbon intensity through ZEV transition and operational efficiencies
ESG Focus Areas
- Climate Change
- Modal Shift
- Safety
- Customer Satisfaction
- Employee Well-being
- Community Engagement
- Diversity & Inclusion
Environmental Achievements
- 130 new double-decker zero-emission buses operational in Coventry by September 2023
- 20% of vehicles in UK Bus will be ZEV when current orders are delivered
- Over 2.5 million miles operated by National Express Coventry's electric buses, saving 4,000 tonnes of carbon dioxide
- SBTi validated near-term emissions reduction targets for Scope 1, 2, and 3, and a net-zero target approved in January 2024
Social Achievements
- Record high of over 1 billion passenger journeys in 2023
- Won 43 new contracts to expand public transport networks
- Launched a new People strategy, 'Be Part of the Future Today', focusing on inclusion, diversity, and employee well-being
- Increased female representation at executive level from 28% to 30%
- ALSA certified as a Top Employer in Spain, Bahrain gained a Great Place to Work certification
- £1.5 million funding provided by the National Express Foundation to community organizations
- Support for Moroccan earthquake disaster fund with €1 million donation
Governance Achievements
- Compliance with all 11 TCFD recommendations
- Sustainability Committee met three times in 2023
- Appointment of a new director with significant environmental experience to the Sustainability Committee
- ESG targets included in Executive Directors’ and senior management remuneration
Climate Goals & Targets
Long-term Goals:
- 100% Net Zero fleet by 2040
Medium-term Goals:
- Secure 14,500 ZEVs by 2030
- Achieve divisional net zero targets between 2030 and 2040
Short-term Goals:
- Reduce Scope 1 and 2 GHG emissions 55% by 2033 from a 2022 base year
- Reduce Scope 3 GHG emissions 33% by 2033 from a 2022 base year
Environmental Challenges
- Transitioning to a zero-emission vehicle (ZEV) fleet
- Availability of ZEVs in the market
- Infrastructure requirements for ZEV operation (electricity and hydrogen)
- Commercial viability of ZEVs
- Requirement for accelerated transition due to increased regulation
- Extreme weather events impacting operations
Mitigation Strategies
- Proactive engagement with suppliers, partners, and customers
- Securing orders for over 141 electric school buses through EPA grants
- Exploring hydrogen-powered coaches for long-haul operations
- Negotiating extended warranties on battery performance
- Engagement with public bodies to improve infrastructure
- Maintaining a diverse portfolio of geographical locations
- Relocating assets away from high-risk areas
- Adjustments built into contracts for reimbursement and penalty reductions
- Evolving insurance policies to cover physical damage and business interruption
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Engagement with key suppliers to obtain supplier-specific emissions data
- Embedding climate elements into contracts and policies
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, fires, extreme temperatures)
- Disruption to operations
Transition Risks
- Availability of ZEVs
- Infrastructure requirements
- Commercial viability of ZEVs
- Accelerated transition due to regulation
Opportunities
- Modal shift
- Operational efficiencies from ZEVs
Reporting Standards
Frameworks Used: TCFD, SBTi
Certifications: AENOR (ALSA road safety)
Third-party Assurance: Carbon Responsible Limited (limited assurance to ISO 14064-3)
UN Sustainable Development Goals
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 3 (Good Health and Well-being)
- SDG 8 (Decent Work and Economic Growth)
Initiatives contribute to these goals through modal shift, ZEV transition, community engagement, and employee well-being programs
Sustainable Products & Innovation
- Zero-emission buses and coaches
Awards & Recognition
- ALSA's AENOR certification for road safety