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ERM (consultancy)

From Wikipedia, the free encyclopedia

ERM Limited
Company typeUK private company limited by guarantee[1]
IndustryProfessional services
Founded1987; 37 years ago (1987) (through merger of UK-based ERL 1971 and USA-based ERM 1977)[2]
HeadquartersLondon, United Kingdom[3]
Area served
Worldwide
Key people
Tom Reichert, CEO[4]
ServicesEnvironmental, health, safety, risk, social consulting services and sustainability related services
RevenueIncrease US$1,323 million (2023)[5]
OwnersKKR & ERM partners
Number of employees
8,000 (2023)
Websitewww.erm.com

ERM (Environmental Resources Management) is a multinational consultancy firm which focuses on sustainability. It is headquartered in London, United Kingdom. The company provides environmental, health, safety, risk, and social consulting services and sustainability related services. In 2023, the company had more than 8,000 employees.[6]

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  • Environmental Resources I Environmental Management I Environment

Transcription

History

ERM Limited was formed in 1987, through the merger of two companies: the UK-based consultancy firm ERL, which was founded in 1971; and the USA-based consultancy firm ERM, which was founded in 1977.[2] The company has since grown through various acquisitions. OMERS and AIMCo purchased a majority stake in ERM from Charterhouse Capital Partners in 2015.[7] In 2021 the majority stake in the company was purchased from OMERS and AIMCo by American global investment company KKR, valuing the company at around $2.7 billion including debt.[7] A minority stake continues to be held by ERM partners.

In January 2022, ERM announced the appointment of Tom Reichert as CEO of ERM Group, effective 1 February 2022.[8]

Projects

In the 2010s, a consortium led by ERM won the environmental impact assessment work for part of the HS2 construction work in the United Kingdom. Other consortium members included Mott MacDonald and Temple Group.[9]

In 2019, ERM received funding from the UK government for Project Dolphyn, a project focused on green hydrogen production from offshore wind power.[10]

References

  1. ^ "ERM Limited". Companies House. Retrieved 2020-09-11.
  2. ^ a b "History". ERM. Retrieved 11 September 2020.
  3. ^ "About". ERM. Retrieved 18 May 2021.
  4. ^ "Tom Reichert Joins ERM Group as Global CEO".
  5. ^ "Financial overview". ERM. Retrieved 3 April 2024.
  6. ^ "Our People". ERM. Retrieved 2024-04-12.
  7. ^ a b "KKR to Buy Sustainability Consultancy ERM From Canada Funds". Bloomberg. 17 May 2021.
  8. ^ "Tom Reichert Joins ERM Group as Global CEO".
  9. ^ "ERM leads HS2 environment consortium". Tunnels Online. 29 March 2012. Retrieved 11 September 2020.
  10. ^ "Dolphyn hydrogen project receives £427,000". H2 View. 17 September 2019. Retrieved 11 September 2020.

External links

This page was last edited on 8 May 2024, at 09:51
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