Mission Statement, Vision, & Core Values (2024) of AECOM (ACM).

An Overview of AECOM (ACM)

General Summary of AECOM (ACM)

AECOM, a prominent global infrastructure and environmental services firm, has a rich history that dates back to its founding in 1990. The company specializes in delivering a wide range of services including architecture, engineering, construction management, and environmental consulting. AECOM operates in more than 100 countries and is known for its commitment to sustainable development and innovative solutions in infrastructure projects.

As of 2024, AECOM has reported total sales revenue of approximately $11.995 billion for the nine months ended June 30, reflecting an increase from $10.536 billion in the same period the previous year, representing a growth of 13.8%. The firm’s services cater to various sectors including transportation, water, environment, and facilities, positioning AECOM as a leader in addressing the world's most pressing infrastructure challenges.

Company's Financial Performance in the Latest Financial Reports

In its latest financial report for the three months ended June 30, 2024, AECOM achieved a record-breaking revenue of $4.151 billion, which is a 13.3% increase from $3.664 billion in the same quarter of 2023. The gross profit for this period amounted to $285.1 million, up from $250.1 million year-over-year, indicating a gross profit margin of 6.9%.

For the nine months ended June 30, 2024, AECOM’s gross profit totaled $790.2 million, compared to $693.2 million in the prior year, maintaining a consistent gross profit margin of 6.6%. Notably, the company's equity in earnings of joint ventures improved significantly to $7.7 million in Q3 2024, a sharp recovery from losses of $303.5 million in Q3 2023.

Introduction to AECOM as a Leader in the Industry

AECOM stands out as one of the leading companies in the infrastructure and environmental services industry. With a comprehensive portfolio of services and a robust global presence, the company effectively addresses complex infrastructure needs across various sectors. AECOM's growth trajectory has been bolstered by strategic investments in sustainability and resilience initiatives, particularly in response to increasing global demands for infrastructure development.

As of June 30, 2024, AECOM has allocated $20.7 billion of transaction price to unsatisfied or partially satisfied performance obligations, with approximately 58% expected to be fulfilled within the next year. This positions AECOM favorably for sustained growth and further solidifies its reputation as a trusted partner in infrastructure solutions.

Mission Statement of AECOM (ACM)

Mission Statement of AECOM (ACM)

AECOM (ACM) articulates its mission statement as a commitment to delivering sustainable solutions that enhance the world’s built and natural environments. This mission is pivotal in guiding the company’s long-term objectives and strategic initiatives, ensuring that AECOM aligns its operations with the evolving needs of its clients and stakeholders.

Core Component 1: Delivering Sustainable Solutions

The first core component of AECOM's mission emphasizes the importance of sustainability in its projects. AECOM integrates sustainability into its service offerings, which is evidenced by its commitment to achieving net-zero greenhouse gas emissions by 2030. In 2024, the company reported a 14% increase in revenue attributed to sustainability-focused projects, reflecting a growing market demand for such initiatives.

Core Component 2: Enhancing Built and Natural Environments

The second component focuses on enhancing both built and natural environments. AECOM is engaged in numerous infrastructure projects worldwide, often funded by large public investments. For instance, the Infrastructure Investment and Jobs Act in the U.S. has catalyzed over $3 billion in projects for AECOM, significantly contributing to their revenue growth in the infrastructure sector.

In the nine months ended June 30, 2024, AECOM reported total revenue of $11.995 billion, marking a 13.8% increase from the previous year, driven largely by infrastructure and environmental projects.

Core Component 3: Commitment to High-Quality Products and Services

The final core component of AECOM's mission statement is its unwavering commitment to delivering high-quality products and services. AECOM has invested heavily in technology and innovation, leading to improved project delivery and client satisfaction. In 2024, the company achieved a gross profit margin of 6.9%, up from 6.8% in the previous year, indicating enhanced operational efficiency and quality of service.

These components collectively illustrate AECOM's mission to not only respond to the immediate needs of its clients but also to anticipate future challenges in sustainability, infrastructure, and quality assurance. The company's strategic direction is reflected in its financial performance and commitment to excellence in service delivery.

Vision Statement of AECOM (ACM)

Vision Statement Overview

AECOM's vision statement as of 2024 focuses on delivering sustainable infrastructure solutions, enhancing the built environment, and fostering resilience across communities globally.

Commitment to Sustainability

AECOM emphasizes its commitment to sustainability in its vision statement, aiming to lead in the development of sustainable infrastructure and environmental solutions. This commitment is reflected in their revenue growth driven by sustainable projects, reaching $11.995 billion for the nine months ended June 30, 2024, up 13.8% from $10.536 billion in the same period of the previous year.

Enhancing the Built Environment

AECOM's vision also stresses the importance of enhancing the built environment through innovative design and engineering solutions. The company has reported a gross profit increase of $97 million, or 14%, for the nine months ending June 30, 2024, highlighting their effective strategies in project delivery.

Fostering Global Resilience

Fostering resilience in communities is a critical aspect of AECOM's vision. This is demonstrated through their engagement in large, publicly financed infrastructure programs, such as the U.S. Infrastructure Investment and Jobs Act. The company reported a significant uptick in projects related to transportation and environmental services, which are vital for community resilience.

Investment in Technology and Innovation

AECOM’s vision includes a strong focus on investment in technology and innovation to enhance project delivery and operational efficiency. Their investment in enterprise capability centers and shared service centers has contributed to a decrease in costs, enabling better service delivery and project outcomes.

Conclusion

AECOM’s vision statement for 2024 reflects a comprehensive approach to sustainable development, infrastructure enhancement, and community resilience, supported by robust financial performance and strategic investments.

Core Values of AECOM (ACM)

Integrity

Integrity is foundational to AECOM's operations, emphasizing ethical conduct and transparency in all business dealings. This core value is crucial for maintaining trust with clients, stakeholders, and employees.

AECOM has demonstrated its commitment to integrity through various initiatives, including robust compliance training programs for employees. In 2024, the company reported over 95% participation in integrity training sessions across its global workforce. This training underscores the importance of ethical decision-making and adherence to legal standards.

Moreover, AECOM has implemented a whistleblower policy that encourages employees to report unethical behavior without fear of retaliation. In the last fiscal year, the company received 25 reports through this channel, all of which were investigated thoroughly.

Collaboration

Collaboration is essential for AECOM, fostering teamwork across diverse disciplines and geographies. This core value enhances innovation and efficiency in project delivery.

In 2024, AECOM launched a global collaboration platform that integrates project management tools, facilitating real-time communication among teams. This initiative has improved project turnaround times by 20% and reduced operational costs by 15%, as evidenced by performance metrics from the first quarter of implementation.

The company also emphasizes cross-functional collaboration through its "One AECOM" initiative, which encourages interdisciplinary teams to work together on major projects. This approach has successfully delivered projects like the Los Angeles International Airport expansion, which was completed 10% under budget and ahead of schedule.

Innovation

Innovation drives AECOM's commitment to delivering cutting-edge solutions that address the evolving needs of clients and communities. This core value is integral to maintaining competitive advantage in the engineering and construction sectors.

AECOM has invested approximately $50 million in research and development in 2024, focusing on sustainable design and digital engineering technologies. These investments have led to the development of advanced modeling tools that enhance project accuracy and efficiency.

Furthermore, AECOM has pioneered initiatives in green infrastructure, including the use of recycled materials in construction projects. The company's recent project in San Francisco utilized 30% recycled content, significantly reducing environmental impact and setting a benchmark for future projects.

Excellence

A commitment to excellence is a fundamental value at AECOM, driving the company to achieve the highest standards in project delivery and client service.

In 2024, AECOM received multiple industry awards, including the "Best Place to Work" award from Engineering News-Record, reflecting its dedication to employee satisfaction and professional development. The company has also maintained a client satisfaction score of 90% or higher over the past year, showcasing its focus on quality service.

Additionally, AECOM's rigorous quality assurance processes have resulted in a 15% reduction in project rework costs, further underscoring its commitment to delivering high-quality results consistently.

Sustainability

Sustainability is a core value that reflects AECOM's commitment to environmental stewardship and social responsibility. The company aims to create lasting positive impacts on the communities it serves.

AECOM has set ambitious sustainability goals for 2024, aiming to reduce its carbon footprint by 30% across its operations. To achieve this, the company has implemented energy-efficient practices in its offices and is transitioning to renewable energy sources, with 50% of its global facilities now powered by renewable energy.

In addition, AECOM has launched community engagement programs that focus on enhancing local resilience to climate change. These initiatives include providing pro bono services to underserved communities, impacting over 100,000 individuals in the past year.