AECOM, the world’s trusted infrastructure consulting firm, 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 Legacies ESG strategy, AECOM has bolstered its position as a leader in private sector sustainability. In fiscal year 2021, the Companyachieved 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.
