10 June 2009
For the fifth year in a row Go-Ahead Group plc ('the Group') has
been listed in the Top 100 Companies for Corporate Responsibility
by Business in the Community (BITC) in its Corporate Responsibility
Index – the UK's leading voluntary benchmark of corporate
responsibility.
Go-Ahead has also retained its Gold Rating, which it has
achieved every year since the Gold Band was introduced 3 years ago.
This is the highest rating among comparable participating public
transport operators in the UK.
In achieving this level, Go-Ahead has demonstrated that it
integrates and improves responsibility throughout its operations by
providing a systematic approach to managing, measuring and
reporting on business impacts in society and on the
environment.
Go-Ahead's Group Chief Executive, Keith Ludeman commented: "I am
delighted with Go-Ahead's continued success in this year's index.
For Go-Ahead, corporate responsibility means becoming a part of the
local communities we serve, and being responsive to the issues that
matter for our stakeholders. It also means being committed to
minimising our impact on the environment through innovation and
investment. This ranking by BITC reinforces our approach to
environmental management and highlights our commitment to being a
responsible employer and public transport operator."
Stephen Howard, Chief Executive, Business in the Community said:
"I congratulate Go-Ahead on achieving gold in the Business in the
Community Corporate Responsibility Index. At a time when trust and
confidence in businesses is at an all time low, it is examples like
this that will help to demonstrate that some businesses are taking
the responsibility they have towards their people and the planet
seriously and that it makes business sense."
For further information, please contact:
Notes to Editors
- Go-Ahead's performance, which has improved by more than 25%
over the last eight years, puts the company in the same category as
some very well known and respected UK brands, including Marks &
Spencer, Cadbury and Rolls-Royce
- The rating is based on the way Go-Ahead, through its devolved
structure, manages its impact on the environment, as well as its
ethical business practices. This is the third year in a row that
the company has achieved a rating of more than 90%.
- The Corporate Responsibility Index was established seven years
ago by BITC to help businesses address their key environmental and
social risks and address their impact on society.
- Overall, Business in the Community believes corporate
responsibility is just good business. In order to test this
assertion, in October 2008, BITC supported by Legal & General,
commissioned Ipsos MORI to conduct statistical analysis of 33
companies who have participated in the Business in the Community CR
Index each year 2002-2007 and are listed on the London Stock
Exchange. As well as demonstrating a correlation with reduced share
volatility, the most striking feature of the research showed that
companies consistently participating in the CR Index outperformed
their FTSE 350 peers on total shareholder return 2002- 2007 by
between 3.2% and 7.7% per year.
- For more information about the CR Index results please visit
http://www.bitc.org.uk
The Go-Ahead Group plc
Go-Ahead is one of the UK's leading providers of passenger
transport services operating in the bus, rail and aviation services
sectors. Employing over 27,500 people across the country, around
920 million passenger journeys are undertaken on our services each
year. In addition to the travelling public, customers include the
Department for Transport, Transport for London, local authorities,
British Airports Authority and major airlines.
Website:
www.go-ahead.com