WSP Global Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

###### Climate Alignment of Lobbying Activities and Industry/Trade Associations

In 2022, WSP signed the Corporate Knights Action Declaration on Climate Policy Engagement, committing to support climate action aligned with the Paris Agreement and to work with our major industry and trade associations to advance alignment.

[...] Climate Policy Engagement

WSP is a member of a large number of industry and trade associations with a variety of missions and spheres of influence, from local to international.

WSP is broadly supportive of lobbying and advocacy with key policy stakeholders where we can add value by providing our professional opinion on regulatory and legislative themes that impact our business or industry interests. Activities influencing policy development are implemented in a way which is relevant to each subregion or market sector. For example, in 2023, WSP in the UK undertook the following actions in support of climate policy:

[...] The USA is the only subregion where WSP engages in political contributions. None of our lobbying activities, advocacy or political contributions in the USA in 2023 were found to be misaligned with climate action.

[...] In 2023, we developed a screening process to evaluate the level of climate policy involvement, influence and alignment of our key associations.

Screening Methodology and Results

During the screening process, we evaluated our major industry and trade associations in 2023 across approximately 80% of our business, based on our knowledge of the organization and limited desktop research, including a review of LobbyMap, which is a platform operated by climate change think tank InfluenceMap that tracks climate policy engagement of companies and industry associations. This method has limitations, however, since the use of publicly available information may provide an incomplete view of the activities of our industry and trade associations.

2023 INDUSTRY AND TRADE ASSOCIATION ALIGNMENT SCREENING SUMMARY

**MAJOR**

Associations assessed in 2023

Partially Not Major Total Major Fully Aligned Not Aligned Unknown Aligned

407 166 241 153 14 3 71

If we determined the association to be "major" per Corporate Knights' guidance[40], we further evaluated the association's climate policy alignment. Based on this assessment, we identified 167 associations that were fully or partially aligned, three that were not aligned, and 71 for which we were unable to determine alignment.

— Further evaluate and engage with the association

We plan to consider the following actions for misaligned associations:

— Exit the association

— Remain members where our own activity within the organization is not misaligned

A selection of our key memberships in associations, particularly those with a focus on sustainability, can be found here. In 2024, we plan to further evaluate key associations from the wider screening with partial or undetermined alignment and expand the assessment to cover additional subregions.

https://www.wsp.com/-/media/corporate-reponsibility/united-states/gl-cc-2023-esg-report-en.pdf

Another important milestone was reached in Egypt, where WSP signed the COP27 Action Declaration on Climate Policy Engagement, an initiative of Corporate Knights and the Global 100 Council. As part of this commitment, we pledged to work with major industry and trade associations to ensure greater compliance with the Paris Agreement. We are in the process of implementing the due diligence required to make further progress in this regard.

https://www.wsp.com/-/media/investors/reports/sustainability/en/2022/wsp-2022-global-esg-report-highlights.pdf

Further, in 2022 we made our voice heard for strong climate regulation. WSP in Canada responded to the comment period for the Canadian Securities Administrators' (CSA) draft proposal NI 51-107 on climate-related disclosures, and WSP in the USA responded to the US Securities and Exchange Commission's (SEC) SEC Proposed Ruling: The Enhancement and Standardization of Climate-related Disclosures for Investors. In both responses, WSP advocated for robust, detailed and regular climate disclosures for the purposes of investor transparency on climate-related risks. We also signed Corporate Knights' COP27 Action Declaration on Climate Policy Engagement, committing to support climate action aligned with the Paris Agreement and to work with our major industry and trade associations to advance alignment.

https://www.wsp.com/-/media/investors/reports/sustainability/en/2022/wsp-2022-tcfd-report.pdf

###### Climate Policy Engagement

###### 2023 Progress and Performance

— _[Corporate Knights' Action Declaration on Climate Policy](https://www.corporateknights.com/wp-content/uploads/2022/11/Action-Declaration-on-Climate-Policy-Engagement-Explainer-FAQs.pdf)_
###### Engagement – we are committed to support climate action aligned with the Paris Agreement and work with our major industry and trade associations

— In 2023, we developed a screening process to evaluate the
###### level of climate policy involvement, influence and alignment of our key associations

— Based on this assessment, we identified 167 associations
###### that were fully or partially aligned, 3 that were not aligned, and 71 for which we were unable to determine alignment

https://www.wsp.com/-/media/investors/gl/document/others/wsp-global-inc--esg-en.pdf

##### Board Oversight

WSP Global's Board of Directors ("Board") has ultimate oversight responsibility for ESG, and currently delegates this oversight responsibility to its Governance, Ethics and Compensation Committee ("GECC").

Working with senior management, the Board oversees the development of corporate strategy, developing key financial and non-financial objectives for WSP's three-year strategic cycles to ensure that our growth is in harmony with ESG principles.

The responsibility for ESG at the Board level is assigned to the Chair of the GECC. In this capacity the Chair has responsibility for company ESG goals, commitments, risk and opportunities at the Board level, and acts as the Board's liaison to senior management on ESG issues, which include climate-related risks and opportunities. ESG matters are also considered by the Board as part of the strategic planning process. The Board's oversight responsibilities notably include the establishment of our science-based GHG emissions reduction targets set for our operations and supply chain, and WSP's ongoing Future Ready® program. Our Global ESG Report is also reviewed annually at a meeting of the GECC.

In 2021, upon recommendation from the GECC, the Board approved a new Global ESG Statement that defines our approach to embedding ESG matters in our services to clients, expertise, operational excellence, and people and culture, to ensure our values are at the core of our business strategy. [...] ##### Management Oversight

At a senior management level, WSP has a Global Leadership Team ("GLT") which focuses on assessing the risks that each business is facing and ensuring there are effective management processes in place to proactively identify and manage risk.

Within the GLT, the Global Corporate Director, ESG, is accountable for our global corporate sustainability efforts and coordinates strategies aimed at identifying material environmental and climate-related risks and opportunities, and the implementation of climate mitigation measures, such as carbon reduction plans, carbon offsetting and energy efficiency. The Global Corporate Director, ESG, briefs the Chair of the GECC quarterly on our ESG policies and programs.

The Global Corporate Director, ESG, is the chair of WSP's global Environment, Social and Governance Committee ("ESG Committee"), which is comprised of representatives from all operating regions and corporate functions who have been empowered to implement the Committee's recommendations (see Figure 1). The ESG Committee provides the platform to enhance ESG performance and advance initiatives from both a regional and global perspective, and is responsible for the execution of our ESG program on behalf of all our stakeholders. The ESG Committee supported the setting of science-based GHG reduction targets for our operations and supply chain in 2021, as well as our commitment to achieve net zero emissions across our value chain by 2040. [...] Our operating businesses report to the GLT regularly, identifying any material changes in the risk profile of their business/function and the adequacy of the mitigation measures in place to address the risks they are facing. In addition, the GLT undertakes regular reviews of the operating businesses via the corporate Risk Management function, which focuses on assessing the risks that each business is facing and ensuring there are effective management structures, escalation mechanisms, and processes in place to proactively identify and manage risk. Principal risks are reported to the Audit Committee of the Board on a quarterly basis.

https://www.wsp.com/-/media/investors/reports/sustainability/en/2021/wsp-2021-tcfd-report.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]WSP is broadly supportive of public policy engagements where we can add value by providing our professional opinion to policy makers and trade associations. Activities influencing policy development are implemented in a relevant way to each business and market.

Since 2019, WSP has formally engaged with leaders from each of our global operating regions to coordinate plans and actions to collectively achieve energy and emissions reductions. Global corporate function leaders contribute to strategies reducing emissions from our workplace fit-outs and operations, fleet selection and procurement activities. Building on reductions achieved to date, all WSP operating regions will implement measures over the coming years to reduce emissions from our operations and supply chain, and increase our proportion of electricity from renewable sources, in support of our targets.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023