Costain has tested a carbon tracker platform designed to standardise and enhance carbon emissions reporting across its construction projects.
The platform, which features an interactive online dashboard, allows project teams to capture construction-related emissions, including scope 3 emissions, from their supply chain.
The tracker has undergone initial testing on several of Costain's road, water, and integrated transport projects and is set for deployment across all relevant projects in the upcoming months.
The data shared by suppliers through the carbon tracker is expected to inform future project planning to reduce scope 3 emissions.
This initiative aligns with Costain's decarbonisation strategy.
The carbon tracker is set to improve the quality, accuracy, and frequency of emissions data reporting through advanced analytics and integration with technical baselines.
The platform highlights 'hotspots' or materials that generate carbon emissions, aiding project managers in identifying additional carbon reduction opportunities.
The company claims that the data from the tracker can be used for broader ESG-related disclosures.
The data is measured against industry and government standards, including PAS2080 and carbon factors from the UK's Department for Energy Security and Net Zero.
Costain Group environmental director Geraint Rowland said: “Costain is investing in a visual tracker that aims to standardise the reporting process for our project teams while making it easier for our supply chain to submit the data we need to understand our scope 3 emissions. Achieving a greater level of accuracy, consistency and granularity will give us a better understanding of how carbon-intensive each element of a project is.
“This means we will be able to make informed decisions that not only reinforce our commitment to delivering predictable, best-in-class infrastructure, but will also improve people’s lives and help protect the planet.”
Last month, Al Shafar General Contracting divested its entire 14.97% stake in Costain, selling 41.66 million shares at 91p ($1.21) each to institutional buyers.
