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. ERM has 5,500 employees based in over 40 countries.
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.
The company has since grown through various acquisitions.
OMERS
The Ontario Municipal Employees Retirement System (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provinc ...
and
AIMCo
Aimco or Apartment Investment and Management Company is a publicly traded real estate investment trust. As of December 31, 2020, the company owned 27 apartment communities comprising 6,342 apartment units in 12 states and the District of Columb ...
purchased a majority stake in ERM from
Charterhouse Capital Partners
Charterhouse Capital Partners is a London based private equity investment firm focused on investing in European mid-market companies valued between €200m and €1.5bn. The company targets investments across the services, healthcare, specialis ...
in 2015.
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.
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.
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 consortum members included
Mott MacDonald
The Mott MacDonald Group is a consultancy headquartered in the United Kingdom. It employs 16,000 staff in 150 countries. Mott MacDonald is one of the largest employee-owned companies in the world.
It was established in 1989 by the merger of M ...
and Temple Group.
In 2019, ERM received funding from the UK government for Project Dolphyn, a project focused on
green hydrogen
Green hydrogen (GH2 or GH2) is hydrogen generated by renewable energy or from low-carbon power.
Green hydrogen has significantly lower carbon emissions than grey hydrogen, which is produced by steam reforming of natural gas, which makes up the b ...
production from
offshore wind power
Offshore wind power or offshore wind energy is the generation of electricity through wind farms in bodies of water, usually at sea. There are higher wind speeds offshore than on land, so offshore farms generate more electricity per amount of c ...
.
References
External links
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{{Authority control
1987 establishments in England
Consulting firms established in 1987
International management consulting firms
Privately held companies of the United Kingdom
Sustainability organizations
2021 mergers and acquisitions