WSP Global : 2025-2027 Sustainability Ambitions and Targets
WSP.TO
Published on 04/30/2025 at 17:33
2025 - 2027
SUSTAINABILITY AMBITIONS & TARGETS
2024 GLOBAL SUSTAINABILITY REPORT
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2025 - 2027 SUSTAINABILITY AMBITIONS & TARGETS
SUSTAINABILITY AMBITIONS & TARGETS
OUR GLOBAL LONG-TERM SUSTAINABILITY AMBITIONS1
Our global long-term sustainability ambitions relate to our operations and projects. As one of the largest professional
services firms in the world, the greatest contribution to sustainability that WSP can provide is through the services we offer and the projects we deliver, and we seek to continue to increase that impact.
Reduce energy consumption and GHG emissions Empower our people for limitless opportunities and
growth through our culture of continuous learning
Maintain ethics at the centre of how we operate
We also recognize that our commitment to creating a sustainable corporation is part of the value our clients see in working with WSP to support them with their own efforts. By leveraging our Future Ready®2mindset, we aim to grow key markets and services and help clients achieve their sustainability ambitions. Read more in our 2025-2027 Global Strategic Action Plan.
For more information, please refer to our 2024 Global Sustainability Report.
Enhance resilience to climate-related risks and maintain our position as a leading professional services firm for the world's energy transition
Manage nature-related risks and opportunities and support clients in protecting, enhancing and restoring nature
Elevate health, safety, environment and quality (HSEQ) standards and drive proactive cultural transformation
Deliver positive impacts for people and local communities
Continue to enhance the security of our systems and the information in our care
Enable responsible artificial intelligence innovation that aims to achieve positive outcomes for people and the planet
This represents our global sustainability ambitions. Each WSP subregion may have differing targets and results, which may be impacted by local realities, policies and regulations.
WSP Global Inc. in Canada, Colombia, the United States and New Zealand. WSP Future Ready (logo)® is a registered trademark of WSP Global Inc. in Europe, Australia and the United Kingdom. represents our global sustainability ambitions. Each WSP subregion may have differing targets and results, which may be impacted by local realities, policies and regulations.
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2025 - 2027 SUSTAINABILITY AMBITIONS & TARGETS
2025 - 2027
SUSTAINABILITY TARGETS1
We aim to reach our sustainability targets by the end of 2027, unless otherwise specified.
By 2027 from a 2018 base year.
Maintain above
58%
Reduction in scope 1 and 2 market-based GHG emissions2
Reduce by
27%
Scope 3 GHG emissions2
67%
Annualized revenues
from SDG-Linked Revenues3
Decrease by
150 bps
Voluntary turnover
75%
Executive leadership roles filled internally
>30,000
Employee shareholders
Implement
global framework for our philanthropic activities
Enhance
maturity of regional HSEQ management systems under our Global HSEQ Excellence Program
>95%
IT operations achieving ISO 27001 for Information Security Management
Maintain
Compliance Leader Verification from independent third-party assessment
>98%
Employees complete Code of Conduct training (onboarding or refresher)/year
Implement
and continuously evolve our AI governance framework
>$200M
Investments in research & development, innovation and digital
SDG-Linked Revenues is defined as revenues earned from services that support the UN Sustainable Development Goals (SDGs).
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WSP
2025 - 2027 SUSTAINABILITY AMBITIONS & TARGETS
FORWARD-LOOKING STATEMENTS
Certain information contained in this presentation is not based on historical or current facts and may constitute forward-looking statements or forward-looking information (collectively, "forward-looking statements") under Canadian securities laws.
These forward-looking statements relate to future events or future performance and may include, but are not limited to, estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact, and reflect the expectations of management of the Corporation regarding, without limitation, its long-term sustainability ambitions and targets which include, without limitation, its objectives concerning measuring and disclosing its sustainability performance (including with respect to the objectives and targets described in its 2025-2027 Global Strategic Action Plan and its Biodiversity Statement); earning 67% of total annualized gross revenues from SDG-Linked Revenues; reducing its energy consumption and GHG emissions in accordance with established scope 1, 2 and 3 reduction targets; sourcing 100% renewable electricity; decreasing by 150 bps voluntary turnover by 2027; filling 75% of leadership positions by internal candidates by 2027; having over 95% of its IT operations achieve ISO 27001 for Information Security Management; and achieving over 98% completion rate of the Code of Conduct training (onboarding or refresher)/ year.
Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in, or implied by, such forward-looking statements and that our business outlook, objectives, plans
and strategic priorities may not be achieved. Forward-looking statements contained in this presentation for periods beyond 2025 involve longer-term assumptions and estimates than forward-looking statements for 2025 and are consequently subject to greater uncertainty. Such assumptions also include those described in the "Forward-Looking Statements" section of our 2024 Global Sustainability Report. If any of these assumptions prove to be inaccurate, the Corporation's actual results or events could differ materially from those expressed or implied in forward-looking statements.
In evaluating these forward-looking statements, readers should specifically consider various risk factors, which, if realized, could cause WSP's actual results or events to differ materially from those expressed or implied in forward-looking statements. Such risk factors include, but are not limited to, the rising complexity of the geopolitical landscape and macro-economic developments; the failure to maintain our competitive positioning in rapidly changing competitive market; the failure to effectively adopt, integrate, and leverage existing and emerging technologies in our operations; the failure to implement sufficient corporate and business initiatives; challenges associated with the continued implementation of our global ERP system; difficulty in accurately measuring, evaluating and disclosing our sustainability performance; our inability to collect environmental, social and governance ("ESG") data from acquired companies, including for historical years; our inability to collect energy, water, waste and GHG emissions data from external data providers, including landlords, fleet managers and business travel vendors; the unwillingness of suppliers to disclose GHG emissions data and reduce emissions, including for historical years; acquisitions of companies with higher health and safety risk exposure compared to WSP; failure to attract and retain qualified staff to support capturing opportunities associated with the low-carbon transition; failure to accurately estimate the sustainability benefits of our project work; negative stakeholder perception or reaction to our sustainability performance or initiatives; failure to identify climate-related opportunities as well as assess and manage climate-related risks; changes made to regulations that may affect our business and the development of ESG requirement regulations; failure of our internal data systems to track disclosures required by new ESG regulations; failure to retain the services of a qualified external GHG emissions verifier; failure to audit suppliers, as well as other risks detailed from time to time are discussed in greater detail in reports filed by WSP with securities regulators or securities commissions or other documents that WSP makes public, which are available on SEDAR+ at
www.sedarplus.caand may cause events or results to differ materially from the results expressed or implied in any forward-looking statement.
These and other risk factors that could cause actual results or events to differ materially from our expectations expressed in, or implied by, our forward-looking statements are discussed in greater detail in section 20, "Risk Factors" of our management's discussion and analysis for the fourth quarter and year ended on December 31, 2024, which section is incorporated herein by reference into this cautionary statement.
The forward-looking statements contained in this presentation describe WSP's expectations as of April 30, 2025 and, accordingly, are subject to change after such date. Except as required under Canadian securities legislation, WSP does not assume any obligation to publicly update or to revise any forward-looking statements made in this presentation or otherwise, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement. Readers should not place undue reliance on forward-looking statements.
WSP is one of the world's leading professional services firms, uniting its engineering, advisory and science-based expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 72,800 professionals, known as Visioneers.
Together they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, and mining and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX:WSP).
We welcome and encourage your feedback on our 2024 Global Sustainability Report:
WSP's prior report (our 2023 Global ESG Report) was published in May 2024.
All logos and marks depicted herein are the property of WSP Global Inc. and may not be reproduced without the prior written consent of WSP Global Inc. Future Ready® is a registered trademark of WSP Global Inc. in Canada, Colombia, the United States and New Zealand. WSP Future Ready (logo)® is a registered trademark of WSP Global Inc. in Europe, Australia and the United Kingdom.
All Rights Reserved.
Disclaimer
WSP Global Inc. published this content on April 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 30, 2025 at 21:32 UTC.