Slide 1: Get Ready For Less
Get Ready For Less WSP’s New GHG Emissions Reduction Targets
Slide 2: What are Science-Based Targets?
What are Science-Based Targets?
Slide 3: Science-based targets shift focus from 'doing well' to 'doing enough'
3 Science-based targets (SBTs) shift the focus of corporate GHG reduction targets from ‘doing well’ to ‘doing enough’ — Previously, target setting was a bottom up exercise to determine what was feasible, using that as the basis for the target — SBTs use a top down approach, setting the target ambiti
Slide 4: Planning for GHG scope and emissions reduction achievement
4 Planning for GHG scope 1 and 2 emissions reduction achievement Potential Goal Achievement Roadmap 250 GHG Emissions (1,000 tCO2e) 200 — Energy efficiency 150 — Process efficiency — Equipment upgrades 100 Illustrative — Renewable energy 50 0 2030 2021 2023 2020 2022 2024 2029 2025 2026 2027 2028 20
Slide 5: Current SBTi criteria outline several requirements for approved GHG reduction targets
5 Current SBTi criteria outline several requirements for approved GHG reduction targets Complete scope 1, 2, A scope 1+2 target Coverage of at least 2/3 and 3 GHG inventory aligned with at least of scope 3 emissions, the ‘well below’ 2ºC with resulting target climate scenario aligned with at least t
Slide 6: Net-zero targets vs. traditional SBTs
6 Net-zero targets vs. traditional SBTs Science-based GHG emission reduction targets (SBTs) can be considered as interim sub-components of net-zero targets Component SBT Net-zero(1) SBTs vs Net Zero Timeline Short- to mid-term Long-term SBT (5-15 years targets) (e.g. 2040 or 2050) SBT Emissions Abso
Slide 7: WSP's New GHG Emissions Reduction Targets
WSP’s New GHG Emissions Reduction Targets
Slide 8: New Global GHG Emissions Reduction Targets
8 New Global GHG Emissions Reduction Targets 2030 WSP is committed to a 25% reduction in absolute, market-based GHG target emissions [including all scope 1 and 2 sources, plus scope 3 business travel] Previous across global operations from 2018 to 2030 targets 2021 WSP is also committed to a 5% redu
Slide 9: Business Ambition for 1.5⁰C and Race to Zero
9 Business Ambition for 1.5⁰C and Race to Zero WSP signed up to the Business Ambition for 1.5⁰C Campaign — Race to Zero is a global campaign to mobilize leadership and support from businesses, cities, regions and investors to decarbonize the global economy — All members are committed to achieving ne
Slide 10: Thank you!
Thank you! wsp.com André-Martin Bouchard Josh Nothwang Global Director, Environment & Resources AVP, Sustainability, Energy and Climate Global Corporate Director – ESG Change, WSP USA andre.martin.bouchard@wsp.com josh.nothwang@wsp.com