PERSPECTIVES ON THE MARKET
TRC is a global firm providing environmentally focused and digitally powered solutions . Our strategic focus is on helping our clients mitigate and adapt to climate risk and providing transformative solutions to further the global energy transition .
Climate solutions have been a core part of our business since our founding in 1961 when Travelers Research Corporation , an affiliate of Travelers Insurance Company , served as an innovator in the field of meteorology and air quality , providing improved weather forecasts with a view to mitigate significant property losses by insurance carriers from severe storms . For more than 50 years , we have set the bar for clients who require consulting , construction , engineering and management services , combining science with the latest technology to devise solutions that stand the test of time . TRC ’ s 6,500 professionals serve a broad range of public and private clients , steering complex projects from conception to completion to help solve the toughest challenges . We break through barriers for our clients and help them tackle sustainable development challenges .
For the past five decades , TRC has committed to solving client challenges in a way that makes the earth a better place to live – community by community and project by project .
We empower our employees to improve how we do business and promote a collaborative work environment where every voice is heard .
Our network of offices is a crucial asset for understanding the local sensitivities and regional needs that can be integral to project success .
The energy market transformation , decarbonization goals , a changing climate and aging infrastructure are driving change in key markets we serve .
Severe weather events and other climate impacts , including droughts , extreme floods and wildfires , are expected to increase over time , posing new risks that require greater decarbonization ambition along with stronger resilience and rebuilding strategies .
Fuels such as hydrogen and biofuels can reduce GHG emissions in difficult-to-decarbonize sectors , when produced via a low-carbon source – e . g ., from clean electricity , renewable feedstocks , or fossil resources coupled with carbon capture , utilization and storage ( CCUS ).
The COVID-19 pandemic , geopolitical events , social unrest and labor shortages have changed conversations in board rooms . There is an increased focus on ensuring environmental , social and governance ( ESG ) policies are adequate to deal with crises and are integrated in risk management processes and overall business strategy .
This changing risk landscape is driving expectations from investors , consumers and other stakeholders for greater transparency and risk management of ESG issues .
Helping our clients navigate these changes brings opportunity in some of the areas we are strongest .
We are helping our clients future-proof their businesses and communities – making them more resilient and sustainable as we move to a low carbon and circular economy in a more equitable and just society .
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