Stantec Celebrates Top Sustainability Honor at Davos 2025

EDMONTON, Alberta, and NEW YORK, January 22, 2025 – Stantec, world leader in sustainable design and engineering, once again cemented its position as a pioneer ​in environmental ​management with the eighth overall ranking on the 2025 list of 100 most sustainable companies in the world. Stantec ​has claimed the best place among its ​industry partners. The ​announcement, made at the Davos World ​Economic ​Forum in Switzerland, highlights the firm’s unwavering commitment to sustainability and its innovative approaches ​to addressing global challenges.

What is the overall classification of 100 Corporate Knights?

Corporate Knights’ Global Ranking 100 is a rigorous assessment of more than 6,000 businesses with incomes above $1 billion. It evaluates these ​businesses in a variety of ways, including sustainable income, clean investment, carbon productivity and resource ​efficiency. According to Corporate Knights, this year’s high-performance companies allocated 58% of their investments to sustainable projects, significantly exceeding the global average of 15% ​among large companies.

“Over the past five years for large global public companies, sustainable ​income is ​growing twice as ​fast as other revenues,” said ​Toby Heaps, CEO of Corporate Knights. He further stressed that sustainable capital expenditure followed a similar trend, ​stressing the increased priority given to green investment in the business sector.

Stantec’s commitment to sustainability

The inclusion of Stantec in the top 10 is not an ​isolated milestone. In 2024, the company was ​recognized by Newsweek as one of the most responsible companies in Canada and also won a place ​on the TIEMPO list of the world’s most sustainable companies. ​These surveys ​highlight Stantec’s multifaceted approach to ​sustainability, which integrates ​environmental, social and ​governance principles (ESG) into all its operations.

According to Stantec President and CEO Gord Johnston, “Our environmental, social and governance principles ​support the diverse needs of our global clients ​as they advance their sustainability goals. We are proud to celebrate this Corporate Knights recognition, highlighting the depth to which ​sustainability ​is integrated into our culture and strategy. »

Main achievements in 2024

Stantec’s sustainability milestones in 2024 were remarkable. The ​17th Annual ​Corporate Sustainability Report revealed that $3.9 billion, or 61 per cent of its 2023 gross income, was ​generated by projects consistent with the United Nations Sustainable Development Goals (SDGs). This represents a ​strategic alignment with ​global efforts to combat ​climate change and promote sustainable development.

In ​addition, Stantec has committed to significantly reducing carbon emissions associated with mechanical, electrical and plumbing systems by 2040. This initiative highlights the company’s proactive ​position against ​the carbon footprint of the built environment.

Why is this recognition important?

Corporate ​sustainability rankings such as the Global 100 are ​essential to demonstrate leadership in green investments and responsible business practices. For Stantec, this tribute reinforces its position as a trusted partner for customers and communities ​that are going through the energy transition, the aging of infrastructure and the ​challenges of climate change. In addition, recognition reflects the company’s ability to balance financial success ​with environmental and social responsibility.

Stantec’s ​achievements reflect broader trends in the business world. As the ​climate grows, companies are increasingly focusing on sustainable ​practices. Heaps noted ​that green investments not only demonstrate where companies are going, but also sign ​their commitment to a ​sustainable future. Stantec illustrates this forward-looking approach by aligning its strategy with the overall GSS ​priorities.

What is Stantec Apart Sets?

Stantec is distinguished ​by its diversity of ​sustainable projects, ​from renewable ​energy solutions to climate-resistant infrastructure. Its professionals work globally to deliver innovative designs and strategies that address critical challenges such ​as urbanization, demographic change and resource management.

For ​example, Stantec’s work often transcends geographical boundaries to create community-centred solutions. Whether addressing water shortages or designing ​energy-efficient buildings, the company emphasizes collaboration and creativity to bring about positive change. These initiatives not only improved the industry’s achievements, but also contributed to long-term ​social benefits.

The broader implications of Stantec’s ​leadership

Stantec’s continued recognition as a leader in sustainable development ​sends a powerful message to the business community. It shows that the priority given to the ESG principles is not only ethically responsible but also financially sustainable. By generating a significant portion of their revenues through projects aligned with the SDGs, Stantec illustrates how companies can achieve their profitability while contributing to global sustainability ​efforts.

The company’s achievements also underline the growing role of private investment in the fight against climate change. According to the Corporate ​Knights, the 100 major sustainable companies have increasingly shifted resources towards green ​initiatives, even in the midst of economic ​uncertainties and ​fluctuations in interest rates. This trend highlights the resilience and potential of sustainable business practices to stimulate economic growth ​and environmental progress.

As global challenges continue ​to evolve, ​Stantec ​remains committed ​to ​empowering clients, ​communities and ​stakeholders to build a sustainable future. With ​its innovative approaches, the company establishes a reference point for integrating ESG principles into business ​operations and encouraging others to ​follow the ​same path.