AECOM

Heavy Construction

ACM

$ 88 0.62

Share price

$ 12 bn

Market Cap

$ 14 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.14x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

AECOM aims to reduce Scope 1 + 2 by 20% by 2025 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -6.9% weighted average for S&P 500

FY2022

AECOM aims to achieve net zero for all Scopes by 2030

1.5°C

GHG emissions and Carbon intensity

AECOM reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 73 Kt (-39 /-34.6% y-o-y). Also positively, carbon intensity decreased sharply to 5.5 t (-3 /-35.3% y-o-y).

AECOM's Scope 3 emissions plunged to 2,559 Kt (-3,175 /-55.4% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 20% by 2025 from a base year 2018, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -293 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	73			2,559	13,341	5.5
2020Q3	112			5,734	13,240	8.5
2018Q3	138			2,899	20,156	6.8
2017Q3	188	25	162		18,203	10
2016Q3	231	53	179		17,411	13