Jacobs Solutions Inc. (J) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thanks for joining us today. I'm Adam Bubis. I'm an engineering construction analyst here at Goldman Sachs, and I'm delighted to host today's panel on water and land efficiency. Rising temperatures, growing and aging global populations, and a heightened focus on overall resource security have all intensified a focus on water and land efficiency. We're increasingly seeing headlines in the press about problems related to too much or too little water. and ensuring security of supply for key resources while minimizing environmental impacts. This panel is going to explore both leading corporates and investors that are addressing these challenges of meeting reliability needs while maximizing efficiency. We have with us today a range of experts. Susan Moisio, Global Water Market Director at Jacobs Solutions. Jacobs is a global leader in water infrastructure. We have Matt Desario, co-founder and president of Water Asset Management, an investment firm focused on water, and Ora Erickson, VP of Corporate Sustainability at Weyerhaeuser, a major land and timber manager. So let's start with you, Susan. Jacobs Solutions is at the forefront of designing and implementing water infrastructure. Can you just outline where Jacobs plays in the water space? What's your core approach to helping customers? And what do you see as the biggest demand drivers for this portion of your offering across each of the water verticals? Thank you. Pleasure to be here. So as Jacobs, we look at water from a one water standpoint. And what we mean by that is that all water has value. The solutions that we've got to come back with have got to look at this complex and interconnected way that water is not only procured, but how the water cycle is in real life, if you will. So from that standpoint, we also manag...