We raise up and empower the diversity of our communities.

Diversity Advocate

We attract the brightest minds to solve our clients’ most complex challenges.

Employer of Choice

Our professionals, clients, suppliers and shareholders seek us out.  

Trusted Partner 

We are a positive and bold agent of change in our communities.

Change Agent  

We aspire to become the undisputed leader in our industry. Looking beyond 2024, we aim to double in size, sustain mid-to-high single digit organic growth, and achieve a more than 20% adjusted EBITDA margin.  

Long-Term Vision

2024 Ambitions

Our commitments to ESG are fundamental and non-negotiable. 

10%
Decrease in the total recordable incident rate per year
100%
Integration of ESG criteria as part of global leader compensation
5%
Year-over-year increase in the representation of women and under-represented groups
>50%
Clean revenues, defined as having a positive impact on the environment and supporting the UN SDGs
15%
Decrease in absolute scope 3 (supply chain) GHG emissions 
40%
Decrease in absolute scope 1 and 2 (operations) market-based GHG emissions

Our 2022-2024 Global Strategic Action Plan outlines how we will make significant progress towards our long-term vision by evolving our core pillars. 

Core Pillars 

Fostering our people’s ingenuity 

We are committed to making extraordinary efforts to provide our 55,000 people with a best-in-class, inclusive work environment to deliver on their full potential.

Create a fulfilling and inclusive environment for our people
Invest in career and professional development 
Leverage our collective talent to debate ideas and mobilize delivery to clients   

Our targets for 2024
>1%
Increase in retention per year
5%
Increase in number of promotions per year 
75%
Leadership roles filled internally

We aspire to become the undisputed leader in our industry. Looking beyond 2024, we aim to double in size, sustain mid-to-high single digit organic growth, and achieve a more than 20% adjusted EBITDA margin.  

Long-term vision

We raise up and empower the diversity of our communities.

Diversity advocate

We attract the brightest minds to solve our clients’ most complex challenges.

Employer of choice

Our professionals, clients, suppliers and shareholders seek us out.  

Trusted partner 

WSP is a positive and bold agent of change in our communities.  

Change agent  

2024 Ambitions

Financial 
ESG/Sustainability 

Our commitments to ESG are fundamental and non-negotiable. 

10%
Decrease in the total recordable incident rate per year
100%
Integration of ESG criteria as part of global leader compensation
5%
Year-over-year increase in the representation of women and under-represented groups
>50%
Clean revenues, defined as having a positive impact on the environment and supporting the UN SDGs
15%
Decrease in absolute scope 3 (supply chain) GHG emissions 
40%
Decrease in absolute scope 1 and 2 (operations) market-based GHG emissions

Our ambition is to grow net revenues in excess of 30%, adjusted EBITDA by 40% and adjusted net earnings per share by 50% by the end 2024.

>$10B
Net revenues (CAD)
>5%
Annual organic net revenue growth
17.5 - 18.5% 
Adjusted EBITDA margin*
$150-200M
Investment in digital tools and systems (CAD)
1x-2x
Net debt to adjusted EBITDA* ratio
>100%
Free cash flow* to net earnings

* For more information, refer to p.29 of the 2022-2024 Global Strategic Action Plan 

Our 2022-2024 Strategic Action Plan outlines how we will make significant progress towards our long-term vision.  

Core Pillars 

Operational Excellence
Clients
Expertise
People and Culture
Fostering our people’s ingenuity 

We are committed to making extraordinary efforts to provide our 55,000 people with a best-in-class, inclusive work environment to deliver on their full potential.

Create a fulfilling and inclusive environment for our people

Leverage our collective talent to debate ideas and mobilize delivery to clients    

Invest in career and professional development

Our targets for 2024
>1%
Increase in retention per year
5%
Increase in number of promotions per year 
75%
Leadership roles filled internally
Leading through technical excellence and innovation   

Our expertise is driven by our passion for solving client-related challenges through innovative engineering and advice.   

Advance our core sectors and expand into growth areas

Continue our disciplined focus on acquisition strategy  

Accelerate digital expertise and solutions

Our targets for 2024
Capitalize
Transportation & Infrastructure, Earth & Environment, Property & Buildings
Grow
Power and renewable energy, water, consulting and digital advisory services, ESG and related services, PMCM1, government and federal services
Drive
Higher than WSP average organic expansion in growth areas

1 Project Management and Construction Management

Elevating the standard in client experience  

We will elevate our partnership with our clients to a new level, fully establishing our role as a trusted partner.  

Mature our enterprise-wide client program to bring the full capabilities of WSP

Align our platform and processes to deliver on our clients’ ambitions

Achieve industry-leading client engagement and experience

Our targets for 2024
5%
Increase in client satisfaction ratings per year
>10%
Increase in net revenue from global client portfolio annually  
>5% 
Annual organic net revenue growth
Driving leading performance and efficiency through transformation 

We will simplify and streamline our way of working, apply best ideas and practices to project delivery, leverage digital technology, and increase commonality across the business.     

Simplify our way of working  

Boost our digital platform and evolve our workplace

Enhance project delivery  

Our targets for 2024
20%
Decrease in real estate cost and footprint2
30-50 bps
Increase in EBITDA margin annually1
1M
Hours saved globally through improvements and simplification 

1 Excluding future acquisitions

2 Based on leases expiring during 2022-2024