Dallas (January 11, 2023) — AECOM, the world’s trusted infrastructure consulting firm, today announced that it has been awarded the Sustainable Market Initiative’s (SMI) Terra Carta Seal for its commitment to sustainability and exemplifying leadership in advancing environmental stewardship industrywide.
“We’re proud to receive the Terra Carta Seal and be recognized at the leading edge of private sector firms working toward a more sustainable future,” said Troy Rudd, AECOM’s chief executive officer. “The Terra Carta presents comprehensive, guiding principles for progress on the greatest challenges of our time, understanding that markets will play a defining role in addressing the climate and biodiversity crisis. Through our Sustainable Legacies strategy, we are committed to making a positive impact through infrastructure solutions, continually improving our operations and capabilities to achieve rigorous sustainability goals and help our clients and industry do the same.”
The Terra Carta Seal, launched at COP26 by HM King Charles III when he was Prince of Wales, recognizes global companies which are driving innovation and demonstrating their commitment to, and momentum towards, the creation of genuinely sustainable markets. Designed by Sir Jony Ive, the Terra Carta Seal embodies the vision and ambition of His Majesty King Charles III and the Terra Carta, as a recovery plan for Nature, People and Planet.
Since launching its Sustainable Strategies ESG strategy, AECOM has bolstered its position as a leader in private sector sustainability. In fiscal year 2021, the Company achieved operational net zero as it progresses toward a rigorous science-based 2040 net zero target validated by the Science Based Targets initiative (SBTi). This target, among the most ambitious globally, is complemented by the Company’s ESG Advisory Services to support clients on their own net zero journeys and ScopeX, the Company’s approach to reduce the carbon impact of major planning, design, and construction projects by at least 50 percent compared to industry norms.
In partnership with the SMI, the Company also recently established a Measurement and Transparency Task Force to standardize methodologies and tools on gauging the predicted environmental impact of sustainable infrastructure projects, specifically in respect of carbon and nature.
“The SMI brings CEOs together to work on the shared goals of accelerating our transition to a sustainable future,” said Brian Moynihan, Co-Chair, Sustainable Markets Initiative. “I congratulate those organizations recognized with the 2022 Terra Carta Seal and thank them for their commitment to sustainable markets.”
The Terra Carta Seal acknowledges that each industry faces unique challenges in its transition to a sustainable future and they are all at different stages of their journey. And all industries and companies must be supported as they take steps in a more positive direction. At the same time, an accelerated pace is required if we are to stay within 1.5-degrees of global warming, protect and restore biodiversity and benefit the lives and livelihoods of current and future generations.
AECOM is one of 19 companies to have been awarded the 2022 Terra Carta Seal. For more information, visit: https://www.sustainable-markets.org/terra-carta-seal/intro/
AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, 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 and digital expertise, 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 $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
About the Terra Carta Seal
The Terra Carta Seal, launched at COP26, recognises global companies which are driving innovation and demonstrating their commitment to, and momentum towards, the creation of genuinely sustainable markets.
It is being awarded to companies whose ambitions are aligned with those of the Terra Carta, a recovery plan for Nature, People and Planet, launched in January 2021. Read more: https://www.sustainable-markets.org/terra-carta-seal/intro/
About the Sustainable Markets Initiative
In his former role as His Royal Highness The Prince of Wales, His Majesty King Charles III launched the Sustainable Markets Initiative (SMI) at Davos in January 2020 and the Terra Carta at the One Planet Summit in 2021. The Terra Carta serves as the mandate for the SMI.
The SMI is a network of global CEOs across industries working together to build prosperous and sustainable economies that generate long-term value through the balanced integration of natural, social, human, and financial capital. These global CEOs see themselves as the ‘Coalition of the Willing’ helping to lead their industries onto a more ambitious, accelerated, and sustainable trajectory. Read more: www.sustainable-markets.org