Costain obtains LSE Green Economy Mark

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."

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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.