Company Research Report: Stantec
Company Overview
Name and Mission
- Name: Stantec
- Mission: Stantec empowers clients, people, and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before. The company aims to innovate at the intersection of community, creativity, and client relationships to advance communities everywhere, working collaboratively to redefine what’s possible.
Founding and Headquarters
- Founded: Stantec began as a one-person firm in Edmonton, Canada, and has grown into a top-tier global design and delivery firm.
- Headquarters: The company is headquartered in Edmonton, Alberta, Canada.
Key People
- Gord Johnston: President & Chief Executive Officer
- Vito Culmone: Executive Vice President & Chief Financial Officer (Incoming)
- Cath Schefer: Executive Vice President & Chief Operating Officer – Global
- Susan Reisbord: Executive Vice President, Chief Operating Officer – North America
- Asifa Samji: Executive Vice President, Chief People & Inclusion Officer
- Additional key leaders include Steve Fleck, Paul Alpern, Bjorn Morisbak, and John Take.
Employees
- Number of Employees: Approximately 32,000 employees.
Revenue
- Revenue: The company reported $3.9 billion of 2023 revenue aligned with Sustainable Development Goals.
Recognition
- Sustainability Recognition: Stantec has been recognized by Corporate Knights as one of the world's top ten most sustainable companies, ranking eighth overall and first among industry peers in 2025.
Products and Services
Overview
Stantec is known for providing sustainable solutions across various sectors, including engineering, architecture, and environmental consulting. No specific products are detailed, but the company’s services encompass a wide range of projects in water management, energy, environment, and infrastructure development.
Key Features
- Engineering and Consulting: Stantec offers design and consulting services in fields like infrastructure, water resources, energy transition, and more.
- Climate Solutions: The company is dedicated to addressing climate change through innovative design and development.
- International Development: Engagements focus on smart cities, sustainability, coastal resilience, and ecosystem restoration.
Recent Developments
Recent Initiatives and Developments
- Integrative Services: Recently integrated its health sciences and sustainability advisory services.
- Infrastructure Investments: Selected for multi-million-dollar projects like the San Francisco Biogas Utilization Project and Thames Water’s Asset Framework.
- Environmental and Sustainability Services: Expanded environmental services leadership and partnerships with organizations like the UN for ecosystem restoration.
- Acquisitions: Acquired Hydrock, a UK integrated engineering design firm, and announced the acquisition of Morrison Hershfield, indicating a strategic expansion in engineering design capabilities.
New Products and Services
- Water and Bioenergy Projects: Engaging in new projects such as the US$121 million San Francisco Biogas Utilization Project and managing delivery for the DC Water capital improvement program.
Strategic Partnerships
- Collaborative Projects: Partnered with corporate and governmental bodies on engineering projects such as Florida International University’s new academic facilities and environmental restoration tasks.
Conclusion
This comprehensive overview of Stantec highlights its dedication to sustainable development and innovation in engineering and environmental consulting. Positioned as a global leader, Stantec continues to broaden its expertise, navigating complex challenges with a strategic approach to growth and value creation for clients and communities alike.