BUSINESS NEWS AECOM TO DEVELOP FIRST PHASE OF INNOVATIVE HUMBER ZERO CARBON CAPTURE PROJECT AECOM, the world’s trusted infrastructure consulting firm, announced it is leading the effort to obtain the consents and permits for the Humber Zero project, which will contribute to the decarbonization of critical industry in the Humber region of Northern England, U.K. The Humber Zero project will integrate carbon capture and storage technology into units at the Phillips 66 Humber Refinery and VPI Immingham combined heat and power plant. By 2030, the project is expected to capture up to 8 million tons of CO 2 annually at source before it is transported via pipeline to permanent storage sites under the North Sea. Carbon capture will integrate specialist technology into the existing processing units and plants, including absorption techniques to capture and recover the CO 2 . “The Humber Zero project reflects
the importance of advancing key sustainability initiatives that create a positive impact on the communities where we operate, which is a key component of our Sustainable Legacies strategy,” said Lara Poloni, AECOM’s president. “By integrating world-class carbon capture and storage technology, we are demonstrating how we can help take important steps towards reaching net zero emissions and creating positive social value.” AECOM, supported by planning consultants DWD, will oversee the Humber Zero project through the permitting phase, preparing planning and permit applications and supporting the environmental impact assessment. This work will include a detailed review of the impact the Humber Zero project may have on the local environment and community. Jonathan Briggs, VPI project director for Humber Zero said: “Humber Zero will secure critical industry in the Humber
region, which is home to more than 25 percent of the U.K.’s refining capacity. Decarbonizing industry will ensure its competitiveness and help secure tens of thousands of jobs in the region and beyond.” AECOM is committed to delivering its transformative environmental, social, and governance objectives through its Sustainable Legacies strategy, ensuring the work it does in partnership with clients leaves a positive impact for years to come. AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from 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.
5. Be opportunistic. If we go into a recession, that will always provide new opportunities for those who can see them and act on them. For example, the M&A business – just like the real estate business – is raging right now. There are many more buyers than there are sellers, and that has made prices higher. But if the industry has a slowdown, there may be more sellers than there are buyers. That could provide you with a real opportunity if you have some resources and are brave enough to use them to acquire other companies. Think about that, and be ready if it occurs. 6. Be open-minded about adding new services or offerings. Changing markets create new needs. What can you do to help your clients that you aren’t doing now? Businesses that do well over the long haul are usually those that can adapt quickly. Having the right services when they are needed is a big part of this. I recall one of the engineering firms l was a part of in the early and mid-‘80s – back when interest rates were 18 percent – found itself in a real dry spot. We quickly got into asbestos abatement, and the truth is it probably saved the company. What else will your clients be needing? Now is the time to start thinking about it. Sustainable high performance is what leadership is all about. You have to perform in good times and bad. Your attitude as a leader of your AEC firm is critical to your ability to keep everyone up and working positively. Just by nature of the fact you are reading this tells me that you can do it! Mark Zweig is Zweig Group’s chairman and founder. Contact him at email@example.com.
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positive, can-do people. If you are young, perhaps you may find some older people have a better perspective on things that will help them be optimistic no matter what is happening. I will confess that I do have a preference for entrepreneurs. They are used to facing obstacles and overcoming them. The successful ones aren’t beaten down and don’t give up easily, and I find that inspirational. 3. Read inspirational content and watch inspirational, “feel good” movies. Biographies or stories of people who overcame obstacles, fictions where the heroes prevail, happy stories. I will confess that I actually enjoy what we call in our household for lack of a better name, “Hallmark movies”. For example, my new friend Scott Wolf was in a recent Netflix movie, Rescued by Ruby . It’s about a K-9 officer and his dog. Some may think it is corny or cheesy, but watching it made me feel good. I can say the same thing about Will Smith’s King Richard , a movie about Venus and Serena Williams and how their dad supported them and guided their rise in the tennis world in spite of every obstacle you can imagine. 4. Focus on the positive things happening in your business in your internal communications. Write a weekly email to your employees, and get across the idea that things are going well, that there are many small victories to celebrate, and in short, that you are successful. That will help keep everyone else motivated instead of being scared and beaten down. Your goal is to fight fear! Fearful employees will not be high performers.
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THE ZWEIG LETTER MAY 9, 2022, ISSUE 1440
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