Porterbrook recognised as a Sustainability Leader

9 November 2020 | Porterbrook

 

Porterbrook, the rolling stock asset management company, has received Five Stars from Global Real Estate Sustainability Benchmark (GRESB) for the second year running, coming first out of six participating Transport and Rail companies in Europe, and placed 17th globally out of 406 participants.

GRESB is an internationally recognised global benchmarking survey which assesses and compares the environmental, social and governance (ESG) performance of real estate and infrastructure organisations annually. Porterbrook has been participating in the GRESB survey for five years, and this year achieved its highest ever overall score (93 out of 100).

In GRESB’s 2020 assessment, Porterbrook scored highly for Leadership and Policies within the Management component, reflecting the strong governance practices across the Group. Within the Performance component, Porterbrook was recognised for its achievements across Energy, Emissions, Waste and Health & Safety. 

In recent years, Porterbrook has been investing significantly in zero and low emission solutions for Britain’s railways, including over £1 million to deliver HydroFLEX, the first train in the world to be retrofitted with hydrogen power. The project was delivered in collaboration with the University of Birmingham, and in September 2020 HydroFLEX became the first hydrogen powered train to run on the UK mainline. 

Mary Grant, CEO of Porterbrook said: “We are incredibly proud that our achievements and progress across all three pillars of ESG have been recognised by the rigorous GRESB benchmark this year. 

“All our stakeholders place a high value on sustainability, from our customers and industry partners to our investors and the travelling public. It is essential that they can track our performance in this way. Porterbrook will continue to put ESG at the heart of all our activities as the UK rail industry goes through significant change”

 
Notes to Editors


Media Contacts

Porterbrook Leasing
Rupert Brennan Brown, Director of Stakeholder Engagement Rupert@porterbrook.co.uk or +44 (0)7973 950 923

Financial or corporate PR enquiries can also be directed to:
Maitland/AMO
James Isola, Partner jisola@maitland.co.uk
James McFarlane, Partner jmcfarlane@maitland.co.uk or +44 (0)20 7379 5151

About Porterbrook

  •  Porterbrook Leasing Company Limited ("Porterbrook") is a leading participant in the rail leasing market and has a rolling stock fleet of over 4,500 vehicles.
  • Since privatisation, Porterbrook has invested over £3bn in the UK rail market. The company is looking to invest more than £1bn in Britain’s railway over the coming years.
  • Porterbrook has successfully introduced over 2,500 new vehicles into passenger service. The company continues to invest across its existing fleets to ensure they remain attractive to operators and passengers. Porterbrook also provides ongoing train maintenance services.
  • In October 2014, the Porterbrook Group of companies was acquired by a consortium of investors including Alberta Investment Management Corporation (“AIMCo”), Allianz Capital Partners (“ACP”) on behalf of certain insurance companies of the Allianz Group, EDF Invest and a consortium of Utilities Trust of Australia (“UTA”), The Infrastructure Fund (“TIF”) and Royal Bank of Scotland Group Pension Fund (“RBS”).
 

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