Company Directory - Eurostar International Limited
Company Details - Eurostar International Limited
Eurostar International Limited
WebsiteLondon, United Kingdom
Eurostar is a high-speed train service that connects London to several major cities in Europe, primarily Paris and Brussels. The service operates through the Channel Tunnel, offering fast and comfortable travel options for both leisure and business travelers. Eurostar provides a range of services including standard, premium, and business class seating, as well as onboard amenities such as food and beverage options.
CCI Score
CCI Score: Eurostar International Limited
5.79
-0.01%
Latest Event
Publication of 2024 Modern Slavery Statement
Eurostar International Limited released its modern slavery statement summary for 2024 on the UK government registry, disclosing its policies and measures to address modern slavery risks in its operations. This regulatory filing provides transparency regarding its labor practices and supply chain oversight, enabling public accountability.
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OBJECTOR
Eurostar International Limited is currently rated as an Objector.
Latest Events
- JUN262024
Eurostar International Limited released its modern slavery statement summary for 2024 on the UK government registry, disclosing its policies and measures to address modern slavery risks in its operations. This regulatory filing provides transparency regarding its labor practices and supply chain oversight, enabling public accountability.
+20
Labor Relations and Human Rights Practices
April 2
By publishing its 2024 modern slavery statement, Eurostar demonstrates compliance and a commitment to transparency regarding labor practices and human rights. Although this filing meets legal requirements rather than exceeding them, it nonetheless supports accountability and provides vital information about how the company addresses modern slavery risks.
EUROSTAR INTERNATIONAL LIMITED modern slavery statement summary (2024)
- JUL182023
Eurostar has launched a live trial of its SmartCheck biometric face authentication system at London St Pancras International, enabling passengers to verify their identity via mobile devices for ticket validation and exit checks. The system uses iProov’s technology and processes data in accordance with GDPR, deleting personal information within six hours after travel.
-20
Provision of Repressive Technologies
April 2
While the SmartCheck biometric system enhances efficiency for passenger processing, its use of multi-dimensional facial recognition technology raises concerns regarding potential surveillance and privacy erosion. Even with GDPR compliance and limited data retention, such technologies can be precursors to broader state or corporate monitoring, which aligns with authoritarian surveillance practices.
- JUL182023
Eurostar has officially launched its SmartCheck biometric gate system at London’s St Pancras International Station. This technology uses facial recognition via a mobile app and in-station iPads to streamline border checks and reduce post‐Brexit congestion. The system, developed in partnership with iProov, Entrust, and Inverid, is currently in trial phase with plans for further expansion.
-30
Provision of Repressive Technologies
April 2
The deployment of biometric gates that use facial recognition and digital identity verification raises concerns from an anti-fascist perspective. While the system promises greater efficiency by reducing border congestion, its inherent use of surveillance technology poses risks related to privacy infringement and potential normalization of mass surveillance practices, which could be exploited in authoritarian or repressive regulatory environments.
- JAN012023
Eurostar International Limited released its Modern Slavery Statement for Financial Year 2023, affirming that modern slavery is not tolerated in its own operations or supply chains. The statement underscores the company's commitment to ethical business practices and protecting worker rights.
+80
Supply Chain Ethics
April 2
Eurostar's Modern Slavery Statement explicitly commits to preventing modern slavery in both its own business and its supply chains. This proactive measure in ensuring ethical sourcing and protection of human rights is a positive indicator of business responsibility.
+70
Labor Relations and Human Rights Practices
April 2
The statement also reinforces Eurostar’s dedication to upholding human rights and fair labor practices by explicitly stating that modern slavery will not occur within its operations. This public declaration supports worker rights and ethical labor practices.
- JAN202016
An inquiry by the Public Accounts Committee highlighted that the sale of the UK government’s stake in Eurostar, along with a separate redemption of its preference share, generated proceeds far below the estimated total taxpayer investment. The process, marked by an over‐reliance on a limited pool of expensive financial and legal advisers, raised serious concerns about how public assets were valued and handled.
-15
Regulatory Capture
April 2
The transaction, which saw the sale of the government’s stake and redemption of its preference share, underscored a process that appears to have undervalued public assets. The heavy reliance on a small group of costly advisers suggests possible regulatory capture, where financial interests may override public accountability. This outcome, reflecting a misalignment between public investment and returns, raises concerns in the context of safeguarding taxpayer assets.
Eurostar sell-off raises concerns over handling of public assets - Committees - UK Parliament
- NOV012013
Eurostar International Limited has agreed to redeem HMG’s preference share as part of the UK government’s sale of its entire interest in the company for £757.1m, generating an additional £172m for the exchequer. This move was part of a competitive sale process designed to maximize value for UK taxpayers.
+10
Public and Political Behavior
April 2
The company's involvement in the government sale process—by redeeming the preference share—demonstrates a level of transparency and cooperation that benefits taxpayers. While the action is primarily a financial transaction, it supports a public objective of maximizing taxpayer value, thereby reflecting a modest positive public and political behavior.
UK Government reaches agreement on the sale of its entire interest in Eurostar for £757.1m
+20
Business Practices and Ethical Responsibility
April 2
By redeeming the preference share, Eurostar contributed additional funds to the exchequer as part of a sale process that exceeded market expectations. This action aligns with ethical business practices by ensuring that public assets are realized at a high value, ultimately benefiting taxpayers.
UK Government reaches agreement on the sale of its entire interest in Eurostar for £757.1m
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