Our Environmental, Social and Governance (‘ESG’) performance is externally reviewed by various ratings agencies, voluntary disclosure initiatives, auditors, and certifiers.
External opinions of our performance inform how we strengthen our management of ESG risks and opportunities and support us to develop our disclosures in future reporting years.
This is one of the ways in which we evaluate the effectiveness of our Building for a Sustainable World sustainability framework. We explore our approach to Our People, Our Places, and Our Planet across our sustainability pages.
On our certificates and memberships page, you can find more information about our sustainability commitments.
More information about our ESG performance and how we report is available in our annual reporting.
Key external reviews and verification of ESG performance in FY24
| External reviewer/verifier | Performance summary1 | |
| MSCI2 | AAA | AAA rated since 2021 |
| ISS ESG3 | C- | Top 30% of the construction industry |
| CDP Climate Change | B | 2023 questionnaire (2022: B, 2021: B-) |
| Green revenue4 | 69% | Percentage of revenue from projects delivering a net environmental benefit(FY23: 64%, FY22: 53%) |
| British Standards Institute | Reasonable assurance to ISO 14064-1 standards for carbon data (scopes 1-3) | |
ESG Reporting frameworks
| Framework | More information |
| Task Force on Climate-related Financial Disclosures (‘TCFD’) | Our TCFD disclosures are available in our annual reporting |
| Science-based targets initiative | In 2023, SBTi validated that our carbon targets are aligned to limiting global warming to 1.5oC and achieving net zero operations |
| Taskforce on Nature-related Financial Disclosures (‘TNFD’) | We committed to making voluntary nature-related reporting in line with TNFD recommendations in FY25 |
1 Correct at yearend: 30th of June 2024.
2 The use by Kier Group plc of any MSCI ESG research llc or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Kier Group plc by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
3 C+ is considered a prime score for the Construction industry. Kier Group plc was evaluated as “very transparent” by ISS.
4 The London Stock Exchange awards the Green Economy Mark to London-listed companies that derive more than 50% of their revenues from products and services that are contributing to environmental objectives such as climate change mitigation and adaptation, waste and pollution reduction, and the circular economy.
