Acquisition of KUA Group (Germany) - data center design On 19 March 2025, Arcadis acquired 100% of KUA Group, two non-listed companies in Germany specialising in complex data center design, architecture, engineering and planning/permitting. Allocated to Places GBA. Provisional goodwill of €82 million recognised; cash consideration €91 million.
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€175 million share buyback programme commenced October 2025 Arcadis commenced a share buyback programme on 1 October 2025 for up to €175 million, to reduce capital. At 31 December 2025, 3,505,163 shares repurchased for €135.7 million at average €38.70. Programme concluded January 2026.
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Intelligence GBA dissolved; capabilities embedded across other three GBAs As of beginning 2026, Intelligence is no longer a separate GBA. Its products and digital platforms will serve Resilience, Places, and Mobility under a cross-Arcadis Growth, Digital, Intelligence and Advisory team. Aims to reduce overhead and improve efficiencies. In 2025 Intelligence headcount fell from 1,022 to 644.
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Auditor transition from PwC to KPMG; first-year limited assurance on sustainability During the 2024 AGM, KPMG was appointed to audit 2025 financial statements (first time as Arcadis auditor) and granted limited assurance engagement on the sustainability statement for 2025 and 2026. Prior auditor was PricewaterhouseCoopers Accountants N.V. KPMG also issued limited assurance on the 2025 sustainability statement.
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Reforestation and REDD carbon credits to neutralise residual emissions toward net zero 2035 To achieve net zero by 2035, Arcadis plans to neutralise residual GHG emissions (after a 90% reduction) by investing in carbon removal projects, including a reforestation project in India launched in early 2023 with Fair Climate Fund India. Resulting removal credits will be verified under the PLAN VIVO framework. In parallel, Arcadis purchases REDD carbon offset credits for Scope 1, 2 and selected Scope 3 categories (2-7) from the 'Nii Kaniti' forest conservation project in Peru (VERRA VCS & CCB, project 1360), with approximately 62,000 tCO2e contracted annually. These credits are not deducted from reported gross emissions but are used beyond the value chain.
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Primary: Business travel carbon budgets and travel management to cut Scope 3 Cat 6 In 2025, Arcadis launched its first business travel carbon budgets at the group business unit level, resulting in a 21% reduction in business travel emissions (from 34,250 tCO2e in 2024 to 27,200 tCO2e in 2025). Quarterly personalised traveller emissions reports are sent to individual employees, and a consolidated travel management provider with integrated carbon emissions data was adopted. An updated travel policy focuses on large meetings, long-haul business travel and short-haul rail travel. The company also participates in the KLM-Air France Sustainable Aviation Fuel (SAF) programme, though SAF credits are not deducted from declared emissions.
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Primary: Fleet electrification to cut Scope 1 vehicle emissions Arcadis is transitioning its leased vehicle fleet to electric vehicles (EVs) with a target to complete the transition by 2030. By end-2025, EVs comprised 43% of the fleet (up from 35% in 2024), and internal combustion engine vehicles were reduced by 16%. EV transition is expected to cut fleet emissions by approximately 6,600 tCO2e—about two-thirds of combined Scope 1+2 market-based emissions. Fleet electrification is classified as a medium-impact, medium-to-short-term measure managed by Global Business Areas and People.
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Primary: Office consolidation, hybrid working, and gas-to-electric heating conversion Arcadis leverages hybrid working and office space reductions to lower Scope 1 and 2 emissions through reduced energy consumption. Office consolidation combined with switching from natural gas to electricity or biogas for heating is estimated to reduce emissions by approximately 2,500 tCO2e (about one quarter of combined Scope 1+2 market-based emissions). Scope 2 location-based emissions fell 21% in 2025, approximately 60% below 2019 base year, partly due to these measures. Solar PV installation on offices is an additional low-impact short-term lever.
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Dependent: Sustainable procurement programme to reduce Scope 3 Cat 1 purchased goods and services Scope 3 purchased goods and services (Category 1) represent the largest portion of Arcadis' carbon footprint at 231,500 tCO2e in 2025. Arcadis is expanding its Sustainable Procurement Programme with an impact-driven approach: key suppliers are invited to disclose emissions through CDP, smaller partners receive tailored support via an automated reporting tool, and internal capability is built through net-zero supply chain training and hotspot analyses. ESG contractual clauses embedding health, safety, human rights and environmental performance requirements were developed in 2025 for integration into supplier contract templates. Operational effectiveness across the value chain is targeted by 2027.
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Dependent: Carbon Impact initiative: whole-of-life carbon assessment for client projects As part of Arcadis Future IMPACT+, the Carbon Impact initiative operationalises Arcadis' November 2023 commitment to assess the whole-of-life carbon impact of key projects and deliver carbon savings for clients. Pilot projects have demonstrated that life-cycle carbon assessment can unlock 30–47% emission reductions when low-carbon design alternatives are adopted. The initiative addresses the primary climate transition risk (rising costs of Scope 3 Cat 1 emissions) and supports upcoming CSRD phase-in requirements for value chain impact reporting by 2027. 2026 projects tracked via the Arcadis Future IMPACT+ platform.
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