WSP Global Inc. Strengthens Sustainability Commitment with 2024 Report
In a significant move underscoring its commitment to sustainability, WSP Global Inc., a leading Canadian professional services firm, has released its 2024 Global Sustainability Report. This release marks the successful conclusion of its ambitious 2022-2024 sustainability reporting cycle, showcasing the company’s dedication to integrating sustainability into its core operations.
Sustainability Achievements in 2024
WSP Global Inc. has made remarkable strides in its sustainability efforts over the past year. The company has achieved a record 65.1% of its annualized ordinary activities revenue associated with the United Nations Sustainable Development Goals (SDGs), up from 63.4% in 2023. This increase highlights WSP’s growing influence and commitment to contributing positively to global sustainability targets.
In terms of environmental impact, WSP has significantly reduced its carbon footprint. The company reports a 68% reduction in total greenhouse gas (GHG) emissions across scopes 1 and 2, measured by sector, and a 17% reduction in scope 3 emissions. These reductions reflect WSP’s proactive approach to addressing climate change and its effects on the environment.
Renewed Ambitions for the Future
With the release of the 2024 report, WSP Global Inc. not only celebrates its achievements but also renews its ambitions for the future. The company’s leadership has expressed a strong commitment to continuing its journey towards sustainability, aiming to further integrate these principles into every aspect of its operations.
Market Position and Financial Overview
As of April 28, 2025, WSP Global Inc. is trading at a close price of CAD 243.83 on the Toronto Stock Exchange. The company’s market capitalization stands at CAD 33 billion, with a price-to-earnings ratio of 47.03. Despite a challenging market environment, WSP’s focus on sustainability and strategic growth initiatives positions it well for future opportunities.
Conclusion
WSP Global Inc.’s 2024 Global Sustainability Report is a testament to the company’s leadership in the construction and engineering sectors, particularly in its commitment to sustainability. By setting ambitious targets and achieving significant milestones, WSP continues to demonstrate its role as a forward-thinking leader, dedicated to making a positive impact on the planet and its stakeholders. As the company looks ahead, its renewed ambitions signal a continued focus on innovation, sustainability, and growth in the years to come.