ESKEN LIMITED (LON:ESKN)

Industrial

Previously known as Stobart Group Limited, Esken Limited is involved in infrastructure and support services businesses in the energy and aviation sectors. It was founded in the year 2002, and its headquarters are situated in Carlisle, United Kingdom. The company is listed and traded on the London Stock Exchange since 2007 and is a part of the FTSE All-Share index. It has many subsidiaries, which include Stobart Energy, London Southend Airport Company Limited, Propius Holdings Limited, and Westlink Group Limited.

The principal strategic objective of the company is to create maximum shareholder value in the medium term by using its core aviation and energy assets. It provides its services to the award-winning London Southend Airport, which serves London and the Southeast. Esken owns its train station, which is situated 100 paces from the departure terminal. UK’s highest rated Holiday Inn Hotels, the Stobart Jet Centre serving private jets and a global logistics operation, are also included in the airport infrastructure. Time critical services for the aviation sector are provided by Stobart Aviation Services, which is a leading provider of global logistics operations, ground handling, passenger and airside services for airports and airlines. Its customers include easyJet and Ryanair, and it provides its services to Manchester Airport, London Stansted Airport and London Southend Airport. In addition to these aviation services, the company is also leading in the energy sector. One of the top suppliers of biomass fuel in the UK, Stobart Energy, supplies approximately 1.7 million tonnes of fuel to dedicated biomass plants across the UK. It is engaged in waste food processing, sustainable forestry, and plays a vital role in creating a circular and low-carbon UK economy.

Esken Limited follows a well-defined framework of corporate governance and aligns itself with the 2018 UK Corporate Governance Code. The board of the company has set up separate committees for remuneration, audit, and nomination. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, and accountability. Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities. It has a comprehensive Corporate social responsibility framework in place and complies with international best practices and guidelines to create a sustainable business and help the UK deliver on its net-zero carbon emissions target. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community. The company claims to process and recycle 99.5% of their waste or get it converted to energy in 2019-20.

Contact Information

company address Esken Ltd 15 Stratford Pl, Marylebone LONDON W1C 1BE United Kingdom GBR

company websitehttps://www.esken.com/

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