05/18/2022 | Press release | Distributed by Public on 05/18/2022 03:43
DALLAS (May 18, 2022) - AECOM (NYSE: ACM), the world's trusted infrastructure consulting firm, today announced the next phase of Sustainable Legacies, its industry-leading ESG strategy that was launched one year ago to advance sustainability initiatives that deliver positive impact both at AECOM and in communities around the world. This strategy integrates four key pillars that will embed sustainable development and resilience across the Company's work, improve social outcomes for communities, achieve net-zero carbon emissions and enhance its governance. Included in the Company's updated strategy are more ambitious net zero targets that are among the first in the world to be approved by the Science Based Targets initiative.
"As a purpose-driven organization, I am proud of our teams' progress to lead the industry as an ESG firm and how we continue to challenge ourselves with even more ambitious initiatives and targets included in our Sustainable Legacies strategy," said Troy Rudd, AECOM's chief executive officer. "Alongside our Board of Directors and Executive Leadership Team, the advancements we have made in just a short time inspire all of us to strive for more through our commitment to making a positive impact on the communities we serve."
"The passion our nearly 50,000 professionals bring to their work every day to deliver a better world is no better reflected than in our Sustainable Legacies strategy," said Lara Poloni, AECOM's president. "Following the meaningful accomplishments we have made over the past year, including the approval of our net zero targets by the Science Based Targets initiative, we are excited to continue the next phase of our ESG strategy, especially as we partner with our clients on their own increasingly complex, multi-decade sustainability initiatives."
Significant Progress at the One Year Anniversary
Following the one-year anniversary of the launch of its Sustainable Legacies strategy, AECOM has celebrated numerous accomplishments that reflect strong progress to-date on its ESG initiatives, including:
Key Pillars of AECOM's Sustainable Legacies Strategy
Reflecting the above accomplishments and more ambitious strategy, AECOM has launched today a refreshed website that provides more information on how AECOM is delivering Sustainable Legacies. Please visit aecom.com/sustainable-legacies for more.
About AECOM
AECOM (NYSE: ACM) is the world's trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle - from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, coronavirus impacts, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and inadequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital's real estate development; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of various dispositions such as the sale of our Management Services, self-perform at-risk civil infrastructure, power construction, and oil and gas construction businesses, including the risk that purchase price adjustments, if any, from those transactions could be unfavorable and any future proceeds owed to us as part of those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
[email protected]
Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
[email protected]