GETLINK: presentation of its environmental plan for 2025

  •   05/07/2021 - 07h54
  •   DEHOUI Lionel

Transport group Getlink has announced that it has developed a climate roadmap to 2025. This is part of the company's ambition to meet environmental challenges. Indeed, this new environmental plan should enable the tunnel concessionaire to reduce its CO2 emissions in the coming years.

72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on Plus500
GETLINK: presentation of its environmental plan for 2025

What can we learn from Getlink's environmental plan?

In its new climate action plan, the Getlink transport group has set itself a specific objective: to reduce its direct CO2 emissions by 30% by 2025. To achieve this, the tunnel concessionaire plans to reduce its emissions by 15% by 2023.

Furthermore, Getlink believes that its environmental plan is in line with the Parisclimate agreement. This agreement aims to keep the rise in average global temperatures below 2°C compared to the pre-industrial average.

On the other hand, Getlink is optimistic about its ability to achieve the expected results in this project. The Channel Tunnel operator is relying in particular on its past experience. Indeed, the group recalled that it had managed to reduce its emissions by 33% between 2012 and 2019.

 

The means evoked by Getlink to reach its objective

Transport group Getlink has already thought about the steps it will take to reach its target of reducing its CO2 emissions by 30% by 2025. According to its plans, the company is considering limiting emissions from the non-electrified rail traction of its Europorte freight business.

The tunnel concessionaire is therefore counting on the substitution of fluids with less emissive products. The fluids in question are used to fight fires. They also provide cooling functions. In addition to its climate roadmap for 2025, Getlink has made commitments to other equally important aspects.

These include mastering the circular economy and preserving the natural environment. In addition, these commitments demonstrate the Group's ambition to limit intrinsic emissions without the need to purchasecarbon credits. In addition, they are distinguished by their short- and medium-term horizon.

Getlink has also set strong targets for waste management. Currently, the company generates around 85% of non-hazardous industrial waste. More than 90% of this waste is recovered at its terminal in France. In addition, 30% of this waste is transformed into solid recovered fuels. These are used to fuel boilers.

 

More about Getlink

Getlink is a privately owned European rail transport company. The group is the operator of the TransManche line under concession until 2086. Its commercial brands are Europorte, ElecLink, Eurotunnel and CIFFCO.

The company manages nearly 26% of trade between Europe and the United Kingdom. Under the Europorte brand, the group diversifies into freight and rail logistics. On the other hand, under the Eleclink brand, the company provides electrical interconnection. Getlink's turnover is estimated at €1.1 billion.