- Stantec (STN, Financial) reported $4.63 billion in revenue for 2024, with 62% linked to sustainability projects.
- The company achieved carbon neutrality for the third year and ranks eighth on the Corporate Knights' Global 100 list.
- Key projects span Australia, Canada, the UK, the US, and Uruguay, emphasizing sustainable development.
Stantec (STN), a leader in sustainable design and engineering, released its 18th annual Sustainability Report, detailing achievements and global impact for fiscal year 2024. Notably, the company reported $4.63 billion in revenue, with over half generated from projects supporting the United Nations Sustainable Development Goals, reflecting 62% of its gross revenue.
Among the key achievements, Stantec has successfully maintained operational carbon neutrality for the third consecutive year while progressing towards net zero under Canada's Net Zero Challenge. The company also secured the eighth position in the prestigious Corporate Knights' Global 100 index for sustainable corporations, topping its industry peers. Additionally, Stantec maintained a CDP A- rating for climate-related progress for the seventh straight year.
The report highlights significant global projects backed by Stantec’s expertise, including Australia's first submerged artificial reef dive attraction, climate change adaptation efforts at Canada's Brevoort Island Radar site, and sustainable water management strategies in Greater Manchester, UK. In the United States, Stantec played a crucial role in developing a new 434-mile underground fiber optic network to enhance rural internet access across Nevada, Oregon, and California. Furthermore, the modernization of Uruguay's Salto Grande Hydroelectric Plant, a project spearheaded by Stantec, is set to increase the plant's output by 200 gigawatt hours annually.
Stantec's sustainability report adheres to the rigorous standards set by the Global Reporting Initiative and the Sustainability Accounting Standards Board, underscoring the company's commitment to transparency and sustainable practices.
