Terra Carta Seal, launched at COP26 by King Charles III when he was Prince of Wales, recognises global companies for innovation and commitment to genuinely sustainable markets.
AECOM, one of the world’s largest infrastructure consulting firms, has been awarded the Sustainable Market Initiative’s (SMI) Terra Carta Seal for its commitment to sustainability and leadership in advancing environmental stewardship industrywide.
CEO Troy Rudd, commented “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. 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.”
Since launching its Sustainable Strategies ESG strategy, AECOM has bolstered its position as a leader in private sector sustainability. In fiscal year 2021, it 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 is complemented by the company’s ESG advisory services to support clients on their own net zero journeys and ScopeX, the AECOM’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 standardise methodologies and tools on gauging the predicted environmental impact of sustainable infrastructure projects, specifically in respect of carbon and nature.
Brian Moynihan, co-chair of Sustainable Markets Initiative, said: “The SMI brings CEOs together to work on the shared goals of accelerating our transition to a sustainable future. I congratulate those organisations recognised with the 2022 Terra Carta Seal and thank them for their commitment to sustainable markets.”