TRC Companies Achieves A- for Climate Disclosure
TRC Companies, Inc. (TRC) continues to lead in climate action by earning an impressive A- rating from CDP, a global nonprofit organization focused on environmental reporting and transparency. This achievement marks the second consecutive year TRC has secured this high honor, reaffirming its position in the Leadership band for corporate climate governance.
Commitment to Sustainability
The company has committed to achieving Net Zero by 2040, a bold vision that includes sourcing 100% renewable energy for its 140 offices. During the most recent reporting year, TRC successfully reduced its Scope 1 and Scope 2 emissions by an impressive 30% compared to their baseline year of 2019. This significant decrease underscores the firm’s proactive approach towards minimizing its environmental impact.
Innovative Solutions for Climate Risks
TRC specializes in assisting clients to adapt to climate risks and develop transformative solutions that facilitate the energy transition. With a team of over 8,000 skilled professionals, the company actively engages in creating and implementing decarbonization strategies. These strategies involve leveraging new technologies such as hydrogen, renewable natural gas (RNG), and carbon capture, utilization, and storage (CCUS), all designed to foster a more sustainable future.
Focus on Climate-Related Revenue
In the fiscal year 2024, a remarkable 67% of TRC’s gross revenue stemmed from climate-related solutions, illustrating the firm’s dedication to addressing urgent environmental issues through its services. This focus on sustainability not only supports clients in meeting regulatory requirements but also helps them navigate the complexities of voluntary and mandatory climate disclosures.
Recognition and Leadership in the Industry
“We are honored to be recognized for a second time for our climate leadership,” expressed Karen Lutz, Vice President of Corporate Sustainability. “These ratings highlight our dedication to leading by example and engaging our entire value chain in combating climate change.” This recognition emphasizes TRC's commitment to innovative practices and its role in encouraging other companies to prioritize sustainability.
Understanding CDP
CDP functions as a vital resource for companies, investors, and municipalities to transparently disclose their climate governance, risks, and practices, thereby creating a comprehensive global insight on environmental practices. Its rankings significantly influence how organizations approach sustainability and environmental responsibility.
About TRC Companies
TRC stands for adaptability. With a vast array of services spanning advisory, consulting, engineering, and management, TRC delivers tailored solutions that tackle both built and natural challenges. Their experienced professionals are committed to paving new paths towards a prosperous future, helping clients achieve sustainable outcomes community by community, project by project. Ranked #16 on ENR’s list of the Top 500 Design Firms and recognized in the top ranks for Power and Transmission & Distribution, TRC demonstrates exceptional industry leadership. For more information, visit TRCcompanies.com or connect with them on LinkedIn.
Frequently Asked Questions
What is the significance of TRC earning an A- rating from CDP?
Earning an A- rating signifies TRC's strong commitment to climate principles and its proactive measures in sustainability.
What measures has TRC taken to reduce emissions?
TRC has implemented strategies that reduced its Scope 1 and Scope 2 emissions by 30% compared to a 2019 baseline.
How does TRC assist clients with climate-related challenges?
TRC provides transformative solutions for decarbonization strategies, climate risk mitigation, and compliance with climate disclosures.
What percentage of TRC's revenue comes from climate solutions?
In fiscal year 2024, 67% of TRC's gross revenue was derived from climate-related solutions.
Who is the Vice President of Corporate Sustainability at TRC?
The Vice President of Corporate Sustainability at TRC is Karen Lutz, who leads the company's climate initiatives.
