AECOM to provide enhanced support to clients in response to U.S. EPA’s latest PFAS regulatory compliance requirements
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Insights
The establishment of new regulatory rules by the EPA for PFAS in drinking water represents a significant shift in environmental standards and public health protection. AECOM's involvement in advising clients on these regulations leverages their extensive experience in the field. The new rules will likely necessitate upgrades to water treatment facilities, which could result in increased business for companies like AECOM that specialize in environmental consulting and infrastructure.
With the emphasis on infrastructure investment, stakeholders can expect an uptick in demand for environmental services, which may lead to revenue growth for firms positioned similarly to AECOM. However, the overall impact on the water sector will depend on how quickly municipalities and other entities move to comply with the new standards and the availability of funding for such projects.
AECOM's announcement regarding its preparedness to support clients in response to the EPA's new PFAS regulations could be seen as a positive indicator for its financial performance. The company's specialization in emerging contaminants and its PFAS technical team could give it a competitive edge in the market.
Investors should monitor AECOM's financials in subsequent quarters to gauge the actual impact of this regulatory change on its revenue streams. It's important to note that while there is potential for growth, the scale and timing of infrastructure investments will play a critical role in determining the financial outcomes.
The new PFAS regulations by the EPA mark a potential growth area for the water treatment and environmental services market. AECOM's position as a leader in PFAS mitigation solutions suggests that the company may see an increase in demand for its services. This could potentially expand its market share and strengthen its leadership in the environmental consulting space.
Examining industry trends, the focus on PFAS treatment could spur innovation and the development of new technologies, such as AECOM's DE-FLUORO™ technology. The ability to economically and sustainably destroy PFAS will be a key differentiator in the market, potentially influencing the strategies of other market participants.
With now over 1,200 successful PFAS projects at more than 600 locations globally, the Company is advising clients through its industry-leading emerging contaminants expertise following the EPA’s finalization of its National Primary Drinking Water Regulation rule.
As a leading global water, environment, and program management design firm with nearly 25 years of experience providing PFAS solutions, the Company is well positioned to extend its track record of success in supporting clients in their stewardship of the nation’s clean drinking water. AECOM boasts one of the world’s largest PFAS technical teams and is a global leader in emerging contaminant services, consistently ranked as one of the top environmental and water consulting firms.
“The EPA’s new regulations are expected to generate significant infrastructure investment across the water sector — something our teams have prepared for intensively through an unrivaled track record spanning multiple decades and hundreds of sites,” said Lara Poloni, AECOM’s president. “By continually expanding PFAS expertise across our business lines, we’re well positioned to deliver best-in-class, programmatic solutions to our clients as we expand our presence in one of our fastest growing markets.”
AECOM’s PFAS clients across the water, wastewater and industrial sectors include municipal governments, utilities, airports, manufacturers, and defense agencies. The Company offers an array of comprehensive, holistic PFAS solutions that can address client needs at each step of the mitigation process, from source identification and mitigation to water treatment and, ultimately, destruction.
“EPA’s latest standards are a bold step toward protecting individuals from the health impacts of these prevalent compounds,” said Beverley Stinson, chief executive of AECOM’s global Water business. “We look forward to providing our clients with a balanced suite of PFAS solutions, helping them mitigate risks while meeting the urgent demands for clean water in all of our communities.”
“Our PFAS expertise and market leadership position us as a partner of choice for both public and private sector clients as they meet these conservative limits,” said Frank Sweet, chief executive of AECOM’s global Environment business. “Our world-class environmental capabilities complement our engineered solutions to mitigate and remove PFAS, enabling us to support our clients in decision-making for the broadest range of PFAS solutions needed to protect human health.”
In addition to designing and implementing state-of-the-art water treatment facilities for PFAS globally, the Company’s industry-leading, patented PFAS destruction technology, DE-FLUOROTM, has been successfully employed by clients around the world. The technology utilizes an innovative electrochemical oxidation process to sustainably and economically destroy PFAS mass in contaminated liquids.
To learn more about the Company’s holistic PFAS service offerings and case studies of successful client outcomes, click here.
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
Forward-Looking Statements
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Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
William.Gabrielski@aecom.com
Source: AECOM
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