Bowman Publishes Initial Materiality Assessment
2024年10月22日 - 8:00PM
ビジネスワイヤ(英語)
Bowman Consulting Group Ltd. (the “Company” or “Bowman”)
(NASDAQ: BWMN), a national engineering services firm delivering
infrastructure design solutions and project management services to
customers who own, develop and maintain the built environment,
today announced the completion and publication of its inaugural
double materiality assessment. The assessment underscores the
company’s commitment to enhancing its sustainability, engagement
and governance strategies and practices.
A double materiality assessment engages with stakeholders to
determine the environmental, societal, and financial effects that
risks and opportunities associated with sustainability and
governance present to the company. Bowman’s materiality assessment
resulted in the identification of 13 key sustainability areas
deemed material by stakeholders, either from an impact perspective,
a financial perspective, or both. The results of this report can be
found on the Sustainability page of Bowman’s investor relations
website.
“This initial assessment is a significant step in our journey as
a socially engaged and sustainability conscious company,” said
Bruce Labovitz, chief financial officer and designated
sustainability officer. “The assessment revealed insightful
perspectives and highlighted critical areas where stakeholders
believe our operations intersect with sustainability, social
engagement, and financial exposures. From here, we will plan
targeted strategies and impactful initiatives that address the
identified sustainability topics, prioritizing those with high
degrees of double materiality. We look forward to leveraging the
insights from this report to direct our future efforts most
effectively and transparently.”
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is a national
engineering services firm delivering infrastructure solutions to
customers who own, develop, and maintain the built environment.
With over 2,200 employees and more than 95 offices throughout the
United States, Bowman provides a variety of planning, engineering,
geospatial, construction management, commissioning, environmental
consulting, land procurement, and other technical services to
customers operating in a diverse set of regulated end markets.
Bowman trades on the Nasdaq under the symbol BWMN. For more
information, visit bowman.com or investors.bowman.com.
Forward-Looking Statements
This press release may contain “forward-looking statements”
within the meaning of the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. All statements
contained in this press release other than statements of historical
fact, including statements regarding our future results of
operations and financial position, business strategy and plans and
objectives for future operations, are forward-looking statements
and represent our views as of the date of this press release. The
words “anticipate”, “believe”, “continue”, “estimate”, “expect”,
“intend”, “may”, “will”, “goal” and similar expressions are
intended to identify forward-looking statements. We have based
these forward-looking statements on our current expectations and
projections about future events and financial trends that we
believe may affect our financial condition, results of operations,
business strategy, short-term and long-term business operations and
objectives and financial needs. These forward-looking statements
are subject to several assumptions and risks and uncertainties,
many of which involve factors or circumstances that are beyond our
control that could affect our financial results. The Company
cautions that these statements are qualified by important factors
that could cause actual results to differ materially from those
reflected by the forward-looking statements contained in this news
release. Such factors include: (a) changes in demand from the local
and state government and private clients that we serve; (b) general
economic conditions, nationally and globally, and their effect on
the market for our services; (c) competitive pressures and trends
in our industry and our ability to successfully compete with our
competitors; (d) changes in laws, regulations, or policies; and (e)
the “Risk Factors” set forth in the Company’s most recent SEC
filings. Considering these risks, uncertainties and assumptions,
the future events and trends discussed in this press release may
not occur and actual results could differ materially and adversely
from those anticipated or implied in any forward-looking
statements. Except as required by law, we are under no obligation
to update these forward-looking statements after the date of this
press release, or to update the reasons if actual results differ
materially from those anticipated in the forward-looking
statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241021076664/en/
Investor Relations Contacts: Bruce Labovitz ir@bowman.com
Betsy Patterson betsy.patterson@bowman.com
Bowman Consulting (NASDAQ:BWMN)
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