Stantec Inc. (STN) Selected by European Investment Bank for Climate Adaption Advisory

Stantec Inc. (NYSE:STN) is one of the 8 best construction & engineering stocks to buy according to Wall Street.

On April 7, Stantec Inc. (NYSE:STN) announced that it was selected by the European Investment Bank to deliver advisory support on climate adaptation, resilience, and nature-based solutions. The initiative falls under the European Union’s InvestEU Advisory Hub and will accelerate public environmental investments across the continent. Marco Lassini, Europe climate solutions lead at Stantec, stated that the firm is proud to support public sector promoters across the European Union through this initiative.

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The task is centered on the Climate Adaptation Investment Advisory Platform that helps to create resilient projects ready for investment. Stantec’s team will provide technical, environmental, and financial viability assessment services. Moreover, they will analyze potential climate risks as well as formulate the framework of ecological redevelopment of cities.

According to Pieter van der Zwet, who is the regional lead of Continental Europe at Stantec, the company can provide its full commitment to creating sustainability and resilience in communities affected by climate change due to collaboration between all European offices. Stantec already has experience in climate adaptation and environmental advisory services in Europe, especially concerning the orientation of EIB’s water sector, as well as EU programs.

Stantec Inc. (NYSE:STN) provides professional infrastructure and facility services to private and public sectors. It offers end-to-end asset lifecycle services. It has an extensive portfolio which includes social and governance strategy services, consulting services, civil expertise services, and many more.

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