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WSP Global's Commitment to Sustainability: A Clear Path Forward

WSP Global's Commitment to Sustainability: A Clear Path Forward

WSP Global's Commitment to Sustainability

MONTREAL — WSP Global Inc. (TSX: WSP), a prominent player in the professional services industry, has proudly unveiled its 2024 Global Sustainability Report. This report not only celebrates a successful conclusion to its 2022-2024 reporting cycle but also sets a renewed course for ambitious sustainability goals.

During the last three years, WSP has demonstrated unwavering dedication to enhancing its sustainability efforts. The Report reveals various impactful initiatives that underscore WSP's commitment to weaving sustainability into its core operations.

Key Highlights from the 2024 Report

This year's report shines a light on several key achievements that underscore WSP's commitment:

  • Achieved an impressive 65.1% of annualized revenues linked to Sustainable Development Goals (SDGs), marking an increase from 63.4% in the previous year.
  • Reduced overall scope 1 and 2 greenhouse gas emissions by 68% and scope 3 emissions by 17%, using 2018 as a baseline.
  • Enhanced global employee retention rate by about 3.7% compared to last year.
  • Filled 78% of global leadership roles internally, fostering talent from within.
  • Earned recognition from Ethisphere for a third consecutive year as a Compliance Leader, reflecting strong ethical commitments.
  • Secured placements in the Dow Jones Best-in-Class North America Index and Corporate Knights’ Global 100 Most Sustainable Corporations.

WSP's Vision for the Future

“Our commitment to being an exemplary corporate citizen while generating shareholder value remains firm,” articulated Alexandre L’Heureux, President and CEO of WSP. This reflects the company’s steadfast dedication to addressing the modern challenges it faces while making a positive impact.

Ambitious Targets for 2025-2027

As WSP looks forward, it has established robust sustainability targets spanning the next three years, as outlined in the recent Global Sustainability Report. These targets are crafted to align with WSP’s strategic and financial objectives, enabling the organization to champion change and foster growth.

Commitment to Ethical Values and Community Engagement

WSP’s achievements in sustainability are results of strong leadership and a culture that values ethical practices. By fostering internal growth and remaining adaptive to market dynamics, the company aims to leave a lasting impact on the communities it serves.

About WSP

With a presence in over 50 countries, WSP is one of the global leaders in professional services, primarily focusing on engineering and advisory work. The corporation employs approximately 73,000 Visioneers who dedicate their talents to innovative projects across various sectors, including transportation, infrastructure, and sustainability.

For more information, please contact:

Alain Michaud
Chief Financial Officer
WSP Global Inc.
alain.michaud@wsp.com
438-843-7317

Frequently Asked Questions

What is the main focus of WSP's 2024 Global Sustainability Report?

The Report highlights WSP's achievements in sustainability and outlines its renewed ambitions and targets over the next few years.

How much did WSP reduce its greenhouse gas emissions?

WSP successfully reduced its total scope 1 and scope 2 greenhouse gas emissions by 68%, and scope 3 emissions by 17%, since 2018.

What percentage of WSP's revenues are linked to Sustainable Development Goals?

In 2024, WSP reported that 65.1% of its annualized revenues are linked to SDGs.

Who is the current CEO of WSP?

Alexandre L’Heureux serves as the President and CEO of WSP Global Inc.

Where can I find more information about WSP?

Comprehensive information about WSP can be found on their official website at wsp.com.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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