Stantec forms new carbon impact team to drive client sustainability
Stantec, a global design and engineering consultancy, has announced a newly formed “carbon impact team” (formerly the company's sustainability and building performance team).
The team’s cross disciplinary specialists will continue to assist clients with reducing carbon generation in the built environment and increasing resilience against climate change risks.
“By more clearly aligning our work with the global market of carbon and climate market opportunities, the new Carbon Impact Team offers the design and analytics required to mitigate the impact of carbon emissions on our communities,” said Rachel Bannon-Godfrey, sustainability discipline leader for Stantec.
The carbon impact team’s expertise covers climate risk and resiliency, building performance modeling and engineering, energy management and building condition assessments, sustainable design and certifications, health and wellbeing consulting and certifications, and corporate ESG reporting.
Stantec has to practice what it preaches, so the company also has a robust internal corporate sustainability program. The firm has an A- CDP (Carbon Disclosure Project) score, and was recently named the fifth most sustainable company in the world by Corporate Knights’ annual ranking of the most sustainable corporations.
Despite economic headwinds from the pandemic, sustainability consulting services are projected to rebound and grow as more governments and companies pursue net-zero carbon goals and renewables targets. The US rejoining the Paris Agreement is another promising development.
After contracting 2.9% to US$30.4 billion in 2020, the global environmental consulting services market is expected to recover and grow at a CAGR of 3% from 2021 to reach US$33.3 billion in 2023, according to Research and Markets.
Stantec in December made a substantial acquisition in the space with the addition of Wenck, a US-based environmental engineering firm with 300 professionals. WSP, meanwhile, added the 7,000 professionals at environmental consultancy Golder.
Edmonton-based Stantec has approximately 22,000 employees across six continents and annual revenues of $4.28 billion.
