Firstgroup Plc · LSE:FGP

Firstgroup — ESG Presentation (2025)

55 slides from Firstgroup's sustainability presentation, Mar 12, 2025

  1. Slide 1: FirstGroup plc Climate Transition Plan 2025

    FirstGroup plc Climate Transition Plan 2025

  2. Slide 2: Welcome and contents

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 1 Welcome to our first Climate Overview First Rail – Open Access and additional services Transition Plan report 1 2 Welcome and contents FirstGroup at a glance 35 Open access ra

  3. Slide 3: FirstGroup at a glance

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 2 Find out more about FirstGroup at a glance FirstGroup online Who we are FirstGroup is a leading private sector First Bus First Rail Avanti West Coast (Avanti) Great Western Ra

  4. Slide 4: Introduction to the plan

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 3 Explore our reporting ecosystem Introduction to the plan FirstGroup FirstGroup FirstGroup UK Annual Report Environmental Gender and UK Gender and Ethnicity Pay Gap Report and

  5. Slide 5: Introduction to the plan continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 4 Introduction to the plan continued Structure of the report The TPT recommends that an entity A strategic and rounded approach take a “strategic and rounded” The plan is divide

  6. Slide 6: A strategic and rounded approach

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 5 Science-based targets (SBTs) Key First Bus Open access rail DfT TOCs are goals set by companies to reduce A strategic and rounded approach greenhouse gas emissions according S

  7. Slide 7: Leadership Q&A with Graham Sutherland, Chief Executive Officer

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 6 Leadership Q&A with Graham Sutherland, Chief Executive Officer What motivated FirstGroup Why does modal shift matter and How does FirstGroup plan to Q Q Q to develop its first

  8. Slide 8: FirstGroup

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 7 FirstGroup 8 Climate ambitions and targets 9 Progress on our science-based targets 10 Emissions footprint and data quality 11 Changes to FirstGroup’s operations 12 Levers and

  9. Slide 9: Climate ambitions and targets

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 8 Climate ambitions and targets TPT 1.1 1.2 4.1 4.3 FirstGroup First Bus First Rail SBTi verified targets FirstGroup ambitions and targets First Bus ambitions and targets First

  10. Slide 10: Progress on our science-based targets

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 9 Progress on our science-based targets TPT 4.3 This report provides detailed breakdowns of the progress to date, as well as the levers SBTi progress and trajectories Data quali

  11. Slide 11: Emissions footprint and data quality

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 10 Definitions Emissions footprint and data quality Scope 1 emissions: Scope 2 emissions: Scope 3 emissions: Direct emissions Indirect emissions from All other indirect from own

  12. Slide 12: Changes to FirstGroup's operations

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 11 Changes to FirstGroup’s operations TPT 1.2 1.3 4.1 FirstGroup has clear targets that Changes to SBTs Group vehicles and property emissions breakdown are set against the curre

  13. Slide 13: Levers and dependencies

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 12 Levers and dependencies TPT 1.1 1.3 We have established Group and Area Levers divisional level science-based targets (SBTs) to guide our journey towards achieving net zero em

  14. Slide 14: Implementation timeline

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 13 Key First Bus Open access rail DfT TOCs Implementation timeline SBT pathway Previous emissions trajectory TPT 2.1 2.2 4.1 4.3 Estimated emissions trajectory without DfT TOCs.

  15. Slide 15: Engagement strategy

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 14 Engagement strategy TPT 3.1 3.2 3.3 Collaboration With government We also believe that addressing the systemic Transportation plays a prominent role in public issue of climat

  16. Slide 16: Scope 3 approach

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 15 Scope 3 approach We work with more than 4,500 Scope 3 emissions Supplier engagement suppliers across our business, spending around £3.2bn each year Our Scope 3 emissions make

  17. Slide 17: Scope 3 approach continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 16 Scope 3 approach continued Short-term Medium-long actions TPT 2.1 term actions Supplier management TPT 2.3 (2023-2027) (2028-2050) Supplier screening Supplier risk register W

  18. Slide 18: Driving modal shift

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 17 Driving modal shift TPT 4.1 Modal shift refers to the transition from 28% Modal shift Driving modal shift forms Case study part of our business strategy of the UK’s emissions

  19. Slide 19: Financial planning

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 18 Financial planning TPT 2.4 4.2 How will our climate transition impact our financial performance? The implementation of the transition plan is expected to have a positive impa

  20. Slide 20: Responding to our climate-related risks and opportunities – Our TCFD disclosures

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 19 Responding to our climate-related risks and opportunities – Our TCFD disclosures TPT 4.1 We were the first UK public transport Climate change is managed as one of our We mode

  21. Slide 21: Our TCFD disclosures continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 20 Please read our most recent TCFD update Responding to our climate-related risks and opportunities – Our TCFD disclosures continued in our 2024 Annual Report here TPT 4.1 Tabl

  22. Slide 22: Governance

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 21 For more information on our governance structure, Governance TPT 5.1 5.2 refer to our 2024 Annual Report. The Board is responsible for promoting the The Audit Committee revie

  23. Slide 23: Culture

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 22 Culture TPT 5.3 5.5 Embedding our decarbonisation commitments Transition alignment into the culture at FirstGroup is essential for By integrating sustainability into our dail

  24. Slide 24: Culture continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 23 Culture continued TPT 5.4 TPT 4.4 Remuneration The Scope 1 and 2 emissions reduction targets are quantifiable, capable of being Position on carbon offsets To strengthen owner

  25. Slide 25: First Bus

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 24 First Bus 25 First Bus at a glance 26 Implementation timeline 27 Decarbonisation transformation: Programme delivery 30 Wider decarbonisation actions across First Bus First 31

  26. Slide 26: First Bus at a glance

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 25 First Bus at a glance First Bus is one of the UK’s largest First Bus employs regional bus and coach operators, with a fleet of more than 4,500 buses carrying over a million p

  27. Slide 27: Implementation timeline

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 26 Key Implementation timeline First Bus TPT 2.1 2.2 4.1 4.3 Current emissions trajectory This chart below outlines First Bus Scope 1 and 2 emissions from our baseline year FY 2

  28. Slide 28: Decarbonisation transformation: Programme delivery

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 27 Decarbonisation transformation: Programme delivery TPT 2.1 To meet our 2035 zero emission Programme team bus fleet commitment, we deliver a structured and sequential Decarbon

  29. Slide 29: Decarbonisation transformation: Programme delivery continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 28 Decarbonisation transformation: Programme delivery continued TPT 2.1 3.2 Key actions and dependencies Total Cost of Ownership (TCO) model „ Smart charging software which can

  30. Slide 30: Decarbonisation transformation: Programme delivery continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 29 Decarbonisation transformation: Programme delivery continued TPT 1.3 2.1 3.1 Case study First Bus repower technology We recently placed an order with a new Power supply purch

  31. Slide 31: Wider decarbonisation actions across First Bus

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 30 Wider decarbonisation actions across First Bus TPT 2.1 In addition to depot transformation and fleet electrification, additional Depots carbon and energy saving actions Renew

  32. Slide 32: Driving modal shift

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 31 Driving modal shift TPT 2.1 2.2 The transport sector represents Emissions per km by UK transport Key actions 28%1 of the UK’s annual carbon modes in 2024 (gCO2 e/km) emission

  33. Slide 33: Driving modal shift continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 32 Driving modal shift continued TPT 2.1 2.2 New routes Key actions First Bus aims to drive modal shift for B2B and B2C bus services, often where car usage Branding Affordabilit

  34. Slide 34: Overview of engagement with government and the public sector

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 33 Overview of engagement with government and the public sector TPT 3.3 In summer 2024, First Bus launched Key issues Case study a new white paper ‘Let’s inspire the nation to l

  35. Slide 35: First Rail – Open access rail and additional services

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 34 First Rail – Open access rail and additional services 35 First Rail – Open access rail and additional services at a glance 36 High-level goals and targets 37 Implementation t

  36. Slide 36: Open access rail at a glance

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 35 Find out more about Open access rail at a glance First Rail online First Rail operates two successful open access rail services, What is open access rail? Open access rail id

  37. Slide 37: High-level goals and targets

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 36 High-level goals and targets FirstGroup’s two open access rail Our additional services Long-term operators, Lumo and Hull Trains, (2036-2050) First Rail also operates a numbe

  38. Slide 38: Implementation timeline

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 37 Key Implementation timeline Hull Lumo Other Open access rail TPT 2.1 2.2 4.1 4.3 Current emissions trajectory This chart below outlines the current open access rail Scope 1 a

  39. Slide 39: Short-term actions (2024-2027)

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 38 Implementation timeline continued Short-term actions (2024-2027) TPT 2.1 3.1 Property Vehicles Collaborating with third parties: For our open Fleet replacement: Electric or b

  40. Slide 40: Medium- to long-term actions (2028-2050)

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 39 Implementation timeline continued Medium- to long-term actions (2028-2050) TPT 2.1 3.1 Property Vehicles Continuing long-term partnerships: Battery technologies: As the open

  41. Slide 41: Driving modal shift

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 40 Driving modal shift TPT 2.1 Journeys taken by rail play Lumo Case study Case study a key role in helping the UK Lumo has a track access agreement in place until May 2033. Lum

  42. Slide 42: Driving modal shift continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 41 Driving modal shift continued TPT 2.1 Hull Trains Case study Case study Hull Trains has a track access agreement in place until December 2032. When Hull Trains launched in 20

  43. Slide 43: Driving modal shift continued; engagement with government

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 42 Driving modal shift continued Overview of engagement with government and the TPT 4.1 public sector TPT 3.3 How are we planning to grow our open access rail operations? Our op

  44. Slide 44: First Rail – DfT contracted TOCs

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 43 First Rail – DfT contracted TOCs 44 DfT train operating companies at a glance 45 High-level goals and targets 46 Implementation timeline 47 Short-term actions 48 Driving moda

  45. Slide 45: DfT train operating companies at a glance

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 44 DfT train operating companies at a glance Passenger rail services are primarily West Coast Partnership (Avanti) Avanti West Coast DfT TOCs employs provided by private train o

  46. Slide 46: High-level goals and targets

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 45 High-level goals and targets FirstGroup’s two DfT TOC’s are Short term Medium-Long term committed to achieving high-level (2023-2027) TPT 4.3 (2028-2050) decarbonisation goal

  47. Slide 47: Implementation timeline

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 46 Key Avanti SWR GWR Implementation timeline Previous emissions trajectory TPT 2.1 2.2 4.1 4.3 Estimated emissions trajectory without DfT TOCs. Please see page 11 for more deta

  48. Slide 48: Short-term interventions (2024-2027)

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 47 Implementation timeline continued Short-term interventions (2024-2027) TPT 2.1 In the DfT TOCs, tracks, depots, stations, and other infrastructure is owned by Network Rail or

  49. Slide 49: Driving modal shift

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 48 Driving modal shift For our DFT TOCs we are repositioning our customer proposition to stimulate demand. We’re undertaking various actions to promote the train as an affordabl

  50. Slide 50: TPT Framework reference table

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 49 TPT Framework reference table Ambition Action TPT Mapping Location TPT Mapping Location TPT Mapping Location 1.1 Strategic Introduction to the plan page 3 2.1 Business A stra

  51. Slide 51: TPT Framework reference table continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 50 TPT Framework reference table continued Accountability TPT Mapping Location TPT Mapping Location 4.1 Governance, A strategic and rounded page 5 4.3 GHG metrics A strategic an

  52. Slide 52: Glossary and frequently used terms

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 51 Glossary and frequently used terms Avanti Company EBITDA GHG Avanti West Coast, a train operating company FirstGroup plc, a company registered in Earnings before interest, ta

  53. Slide 53: Glossary and frequently used terms continued

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 52 Glossary and frequently used terms continued LTA PPA Scope 3 (other indirect) The Board Local Transport Authority Power Purchase Agreements also known as value chain emission

  54. Slide 54: Cautionary note on forward-looking statements

    First Rail First Rail Overview FirstGroup First Bus Open access DfT TOCs Other information FirstGroup Transition Plan 2025 53 Cautionary note on forward-looking statements This report includes forward-looking statements with respect Forward-looking statements are not guarantees of future to the busi

  55. Slide 55: www.firstgroupplc.com

    Registered office FirstGroup plc 395 King Street, Aberdeen AB24 5RP Tel. +44 (0)1224 650100 Registered in Scotland number SC157176 Corporate office FirstGroup plc 8th floor, The Point, 37 North Wharf Road Paddington, London W2 1AF Tel. +44 (0)20 7291 0505 www.firstgroupplc.com

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