ICF Recognized for Advancing Best Practices in Climate Change Adaptation and Resilience, Consulting and Engineering in Low-Carbon Energy Practice, and for Merit in Technology
ICF (NASDAQ:ICFI), a consulting and technology services provider to government and commercial clients around the world, received three business achievement awards from the Climate Change Business Journal (CCBJ) and Environmental Business Journal (EBJ), published by Environmental Business International. ICF is recognized for work in energy infrastructure resilience, integrated resource and resilience planning, and geospatial technology.
We are honored by the continued recognition of ICF’s work with the energy sector developing improved resilience strategies and better technology for energy infrastructure planning,” said Sudhakar Kesavan, ICF chairman and CEO. “The breadth of these three awards reflects the multiple approaches we take in order to fully address the unique and varied environmental challenges our clients face.
The CCBJ awarded ICF with Advancing Best Practices: Climate Change Adaption and Resilience for its work to support climate risk assessment and management for the energy sector through work for the U.S. Department of Energy and four major utilities. ICF built a framework to evaluate energy asset vulnerability to sea level rise and storm surge, along with asset-by-asset and system-wide resilience strategies. ICF also developed a screening model to assess climate-related risks to hydropower facilities.
ICF received the Consulting & Engineering: Low Carbon Energy Practice award for improving the Integrated Resource Planning framework, a staple of energy planning since the 1970s. ICF’s expanded framework, Integrated Resource and Resilience Planning, includes an extensive scenario-based analysis to assess more resilient resource options, taking into consideration the fluctuating cost and performance of generation technologies, fuel prices and availability, transmission links, and the effects of climate change and variability on hydropower. ICF also developed explicit modeling of distributed generation, demand-side management, and other demand-side resources that reflect emerging technology and market changes.
The EBJ awarded ICF the Technology Merit Award for Information for its development of Western Electricity Coordinating Council’s Environmental Data Viewer, an interactive online planning and analysis platform for transmission expansion. The Viewer enables smarter early-stage transmission planning that considers likely environmental issues, as well as opportunity areas where transmission development may be less controversial.
The 2016 CCBJ and EBJ awards were presented on March 22 at the Environmental Industry Summit XV in San Diego.
For More Information
ICF (NASDAQ:ICFI) is a global consulting services company with approximately 7,500 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.
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First Quarter Highlights
- Total Revenue Increased 4.5 Percent over Last Year Led by a 9.4 Percent Increase in Commercial Revenue
- Diluted EPS was $0.52, Inclusive of $0.07 of Special Charges; Non-GAAP EPS1 was $0.69
- Contract Awards Were $250 Million; TTM Contract Awards Were $1.4 Billion for a Book-to-Bill of 1.19
- Operating Cash Flow Increased $20 Million Year-over-Year