Arup reinvests profits on earth-saving solutions

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Arup reinvests profits on earth-saving solutions
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A multinational firm reinvesting some of its profits on sustainability challenges and a technology platform that helps identify modern slavery risks are award-winners in the Professional Services, Engineering and Advisory category.

A multinational professional services firm reinvesting a percentage of its profits into understanding sustainability challenges; a technology platform helping businesses identify modern slavery risks within supply chains; a company that shares reports and webinars to clients and the public for free to enhance and advance evidence-based decision-making; a multinational engineering firm that helps customers reach sustainability goals; and an Australian-based engineering, design and advisory firm...

This over 75-year commitment to sustainability underpins why Arup are the top sustainability leader in the professional services, engineering and advisory category. This focus on bringing people together to foster great ideas has seen Arup engage with 677 external collaborators from academia, public sector and industry on 430 projects since 2017.

“We challenge ourselves and our clients to think about the broader sustainability agendas of the people on one hand as well as social equity and then the planet’s environment and biodiversity. It’s about collaborating at the front-end to really think about how we can deliver more on our projects,” Coker says.

The company recently released a world-first extinction risk footprinting where companies can trace the effect their whole supply chain is having on the biodiversity of the planet.The platform models entire supply chains to Tier 10 and pinpoints the greatest risks of modern slavery. FairSupply has assessed more than $500 billion of investment and spend data for modern slavery risk — it has modelled 5 billion supply chains covering 99.8 per cent of global GDP.

“Our ESG data is uniquely deep and objective. We crunch numbers, not opinions. And it’s accessible. Clients simply provide us with their spend or investment data,” co-founder and CEO Kimberly Randle says. FairSupply is the innovator award winner for the 2022 Financial Review Sustainability Leaders - Professional services, engineering and advisory category.‘The Pulse’ across topics related to the environment, society and economy since 2007. Findings are shared via reports and webinars to clients and the public for free to enhance and advance evidence-based decision-making.

“The work we do with our clients is really significant on a global scale in terms of the decarbonisation effort that needs to happen over the coming three decades,” Brown says.

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