Financial News
AECOM named one of the World’s Most Ethical Companies for the seventh year
The Company has been recognized by Ethisphere for demonstrating business integrity through best-in-class ethics, compliance, and governance practices
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, announced today that it has been recognized by Ethisphere as one of the 2023 World’s Most Ethical Companies. This marks the seventh year AECOM has received this recognition, which honors the Company’s commitment to prioritizing ethics and integrity. A global leader in defining and advancing the standards of ethical business practices, Ethisphere has recognized 135 honorees spanning 19 countries and 46 industries on its 2023 World’s Most Ethical Companies list.
“A commitment to ethics and integrity is at the core of our success leading the industry and realizing our purpose of delivering a better world,” said Troy Rudd, AECOM’s chief executive officer. “We’re proud of cultivating a culture in which ethics and compliance guide all our actions not only because it’s the right thing to do, but because it safeguards our people and ensures that the work we deliver for our clients globally makes a lasting and positive impact.”
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to AECOM for earning a place in the World’s Most Ethical Companies community.”
AECOM upholds a robust Ethics & Compliance program. In 2022, all of the Company’s 50,000 employees worldwide achieved 100 percent compliance with its annual Code of Conduct training. The Company’s Culture of Caring and Safety for Life program proactively and aggressively identifies, manages and eliminates hazards. This exceptional culture is rooted in equity, diversity and inclusion, with the Company setting global and regional diversity targets and driving leadership accountability and advocacy through ongoing specific targets and metrics in annual goals.
“We know from experience that good ethics is good business. Whether we’re advising our clients on compliance and governance, embedding equity into our work, or cultivating a safe, inclusive workplace, we understand that leading with ethics delivers successful outcomes,” said David Gan, AECOM’s chief legal officer. “Our Sustainable Legacies strategy is key to driving this ethical culture. Rooted in serving our people, clients and communities with integrity, it has enabled us to set standards for ethics across our industry.”
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005097/en/
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