Stantec released its 18th annual Sustainability Report, detailing its sustainability practices and impact for the fiscal year ending December 31, 2024. The report highlights that $4.63 billion of its 2024 revenues were aligned with core United Nations Sustainable Development Goals. This figure represents 70% of the company's 2024 gross revenue, an increase from 61% in 2023.
Key corporate achievements noted in the report include a commitment to the Science Based Targets initiative (SBTi) for net-zero emissions by 2050. Stantec also reported a 20% reduction in Scope 1 and 2 emissions from its 2019 baseline. The company achieved 30% women in leadership positions, demonstrating progress in diversity and inclusion.
The report showcases Stantec's leadership in sustainability projects globally, such as the design of the largest PFAS treatment system in the Northwestern US and the development of a new semiconductor assembly and test facility in Italy. These initiatives underscore the company's integrated approach to sustainability, which supports client goals and drives financial performance.
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