Changing Tides: Red Funnel unveils ambitious ‘ESG’ plan to benefit environment and Isle of Wight community

Photo: Retrieved from onthewight.com

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.

Designed to achieve real and measurable resultsThe 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.

Charting a course to net zero

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.