WSP Releases Its 2022 Global ESG Report: Purposeful Impact
10 Mai 2023 - 2:00PM
WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) releases
today its 2022 Global ESG Report, detailing the Corporation’s
environmental, social, and governance (“ESG”) commitments and
related performance. The report further highlights WSP’s journey to
have a purposeful and positive ESG impact on its employees,
clients, and the communities where it operates.
“ESG is core to our strategy and in 2022, we
continued to make great strides towards achieving our objectives,”
stated Alexandre L’Heureux, WSP’s President and CEO. “I take pride
in our progress to reduce our own carbon impact, strengthen our
people metrics and further reinforce our governance. We are
committed to leading by example and will continue to report on our
actions and performance with rigour and transparency.”
The 2022 Global ESG Report emphasizes WSP’s
efforts to decarbonize its operations and to encourage its partners
and clients to do the same. Results on important social and
governance metrics are also highlighted, along with inspiring
stories from WSP’s worldwide business units, underscoring their
support for local communities, initiatives to promote biodiversity,
and projects contributing to the UN Sustainable Development Goals
(“SDGs”).
“At WSP, we are committed to safeguarding and
enhancing the built and natural environments. We also recognize
that the biggest impact we can make is through our client work,”
said André-Martin Bouchard, Global Director, Earth &
Environment and Global Executive Director, ESG. “We now have a team
of 23,000 highly skilled professionals in our environmental
practice, and our capabilities in this area are global in scale and
unparalleled in their depth. We are poised to deliver a wide
selection of projects of varying degrees of complexity as we seek
to lead the transition to a cleaner, low-carbon, bio-diverse
world.”
Additional highlights in the report include:
- WSP’s SDG-linked revenues accounted
for 59.3% of total annualized gross revenues in 2022. 1
- Total scope 1, scope 2
(market-based), and scope 3 GHG emissions were reduced by 26% in
2022, compared to our 2018 base year.
- WSP was among the leading companies
to obtain SBTi approval for its net zero GHG emissions reduction
target.
- Our goal to achieve a 5% annual
increase in the representation of women and under-represented
groups in WSP’s workforce was achieved in 2022. 2
- Charitable donations totaling
CAD$3.9 million were made in 2022, and our employees gave their
time in volunteering and pro bono activities in local
communities.
- ESG criteria were fully integrated
into the compensation of WSP’s global leadership.
- WSP unveiled its Biodiversity
Statement, a set of guiding principles aimed at enabling WSP to
engage with clients to protect, restore and enhance
ecosystems.
WSP also recently published its “Managing our
ESG Impacts” document and released today an updated version of
WSP’s Task Force on Climate-related Financial Disclosures (TCFD)
report, which provides information on the Corporation’s climate
risks and opportunities.
To read WSP’s 2022 Global ESG Report and to
learn more about the Corporation’s ESG initiatives, please visit
wsp.com/ESG-report
ABOUT WSPAs one of the largest
professional services firms in the world, WSP exists to
future-proof our cities and our environment. It provides strategic
advisory, engineering and design services to clients seeking
sustainable solutions in the transportation, infrastructure,
environment, building, energy, water, and mining sectors. Its
67,000 trusted professionals are united by the common purpose of
creating positive, long-lasting impacts on the communities it
serves through a culture of innovation, integrity, and inclusion.
In 2022, WSP reported $11.9 B (CAD) in revenue. The Corporation’s
shares are listed on the Toronto Stock Exchange (TSX: WSP).
FORWARD-LOOKING STATEMENTS
Certain information regarding WSP contained herein may constitute
forward-looking statements. Forward-looking statements may include
estimates, plans, strategic ambitions, objectives, expectations,
opinions, forecasts, projections, guidance, outlook or other
statements that are not statements of fact. Forward-looking
statements made by the Corporation in this press release include
statements about WSP’s ESG commitments and objectives including as
set forth in the 2022 Global ESG Report; WSP’s projected positive
ESG impact on its employees, clients, and communities; the
principles set forth in the Corporation’s Biodiversity statement,
including its ability to engage with clients to protect, restore
and enhance ecosystems; and WSP’s ability to have a positive impact
on nature.
These forward-looking statements are based on a
number of assumptions believed by the Corporation to be reasonable
at the date of this press release, including assumptions about our
ability to implement and maintain effective ESG management systems
and processes; the continuation of supportive stakeholder
engagement and collaboration; the sufficiency of internal and
external resources, Our belief that we are positioned to capture
significant opportunities to support the low-carbon transition and
nature conservancy; general economic and political conditions; and
the state of the global economy and the economies of the regions in
which the Corporation operates. Although WSP believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove to have been correct. These statements are subject to certain
risks and uncertainties and may be based on assumptions that could
cause actual results to differ materially from those anticipated or
implied in the forward-looking statements. WSP's forward-looking
statements are expressly qualified in their entirety by this
cautionary statement. The complete version of the cautionary note
regarding risk factors, which, if realized, could cause the
Corporation's actual results to differ materially from those
expressed or implied in forward-looking statements, are included in
WSP's MD&A for the year ended December 31, 2022, which is
available on SEDAR at www.sedar.com. The forward-looking statements
contained in this press release are made as of the date hereof and
WSP does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise unless expressly required by applicable
securities laws.
FOR ADDITIONAL INFORMATION, PLEASE
CONTACT:Alain MichaudChief Financial OfficerWSP Global
Inc.Phone: 438-843-7317 alain.michaud@wsp.com
1 For further information, see “SDG-Linked Revenues” in WSP’s
2022 Global ESG Report: Purposeful Impact. To reflect the pro forma
impact of WSP’s acquisitions, annualized revenues include 12 months
of revenues from businesses acquired in 2022.2 Women, Indigenous
peoples, persons with disabilities, ethnic minorities, LGBTQIA2S+
and veterans collectively comprise the under-represented
groups.
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