Red Funnel has launched its renewed environmental, social, and corporate governance (ESG) strategy, Changing Tides, which sees the ferry operator chart its course to Net Zero and continue to support the Isle of Wight community for years to come.
Changing Tides underpins all Red Funnel’s normal policies and procedures, defining how it operates, behaves, and reports on its performance.
The new ESG strategy is a framework designed to be embedded into Red Funnel’s operations to achieve real and measurable results on the environment and communities.
Alongside the societal and governance priorities of ESG, the Government has set the maritime industry a clear Net Zero target through Maritime 2050. Changing Tides will help the ferry operator chart its course to Net Zero, with carbon and waste management plans that will enable Red Funnel to reduce its carbon footprint, better segregate its waste streams and increase the reuse and recycling of waste materials.
Red Funnel’s plan focuses on 5 key areas: people, communities, customers, environment, and future, and ensures the ferry operator will minimise its impact on the environment, maximise the support given to the Island community, and operate responsibly.
Red Funnel has already made significant progress in delivering on its ESG commitments and will continue to support the Isle of Wight community, protecting lifeline services, and supporting Islanders travelling for work, education, and healthcare. Recently the business launched its Island Ambassador programme, a travel sponsorship programme to champion talent from the Isle of Wight, and to celebrate its 160th year, the ferry operator gifted 160 trees to 11 Island businesses, charities, and community groups.
Red Funnel’s journey to ESG started in 2018, when it began making positive changes focused on reducing the use of single use plastics, improving fuel economy, and reducing emissions.
Fran Collins, Chief Executive Officer at Red Funnel, said:
“We are incredibly proud to operate a lifeline service to the Isle of Wight, and it’s our responsibility to ensure that we’re able to continue to do so for years to come. Red Funnel has already seen a lot of change since it started running paddle steamers in 1861, and there is plenty more to come. Today, we take this next step to a better world by implementing our ESG strategy and making our business cleaner, kinder and stronger.
“We will continually review our progress by monitoring and reporting against the targets that have been established through Changing Tides, Maritime 2050 and other relevant legislation.”
You can access the full ESG strategy at https://bit.ly/3ZRCZRD.
whats that stop running
The main key area’s should be reliability and punctuality both of which have been poor for months. I know because I use it 5 days a week
The whole globalist fraud of climate change and net zero is designed to deliberately impoverish us, restrict our movements and independence and permanently crush our living standards – it’s not a conspiracy, the WEF, the UN and even the WHO have this as their published commitments and at a recent UN conference one of their spokespeople even said ‘it is not about climate, it is about removing wealth from the west and re-distributing it to emerging nations’
Do you find the Bacofoil makes your head hotter or colder in the Summer?
It’s not hard to find out that everything Mr Butter has said is true, just take two seconds of your time to actually have a look rather than just listen to BBC news. Are those rose tinted glasses hurting your head yet!?
Not sure how Red Funnel intends to achieve net zero with its almost 30 year-old ferries.
As for “continue to support the Isle of Wight community”?
Have I just entered some weird parallel dimension where there isn’t a fare lottery and we Islanders aren’t having our wallets r*ped when we have to travel to the mainland when there is an event on?
Red Funnel supports public and charity projects in East Cowes for example.
It needs to! What a sh**hole East Cowes is nowadays
I don’t see that this should be a problem for them. Just keep cancelling services in the way they have been and soon enough there won’t be any ferries running at all – so no emissions.
Do whatever enviromental window dressing you want red funnel, it will make no difference whatsoever to anything, we are by a huge port with ships that are the planets biggest polluters, and they are not going away.
What the travelling public want is a new strategy that lowers fares on this notoriously rip-off service. No one cares a damn about the net zero nonsense.
Blah, blah, blah, more virtue signalling by Collins, yawn. The world would be a better (and cleaner) place without Red Funnel. There is no such thing as net zero emissions.