Climate Change Risks and Opportunities

Extreme weather events and natural disasters are becoming more frequent and intense, and the climate policy landscape is evolving quickly. Further, the escalating and compounding impacts of climate change can cause unpredictable chain reactions across financial, social, and natural systems, resulting in trillions of dollars of damage and losses.

Featured Capabilities

WSP’s comprehensive approach helps you identify, measure, and manage climate change impacts unique to your sector, business, and industry. Our climate science experts can evaluate your organization’s exposure to climate risks and opportunities and develop customized risk mitigation and resilience measures. We also support you in using climate risk information to create climate change strategies, safeguard assets and portfolios, and access project funding and approvals.

Climate Change and Resilience

Discover Our Services

Scenario Analysis

We analyze current and future trends in climate change, technology, society, and policy, to quantify potential impacts based on your geography, sector, and asset portfolio.

Climate Change Modelling and Projections

Our team of climate science experts can conduct an in-depth analysis of changing climate and weather conditions for your organization’s geography, asset distribution, business and service areas, community, and more.

Impact Assessment

We help you understand how future scenarios and trends will impact your business, operations, asset value, and communities.

Risk and Vulnerability Assessment

We evaluate climate-related risks and vulnerabilities to portfolios and organizations, including time horizon and magnitude of impact, and analyze the interdependent risks across social, economic, physical, and natural systems.

Identifying Opportunities

We help you unlock the opportunities associated with a changing climate and enhance the resilience of the communities where you operate.

Managing Risks

We support you in embedding climate risk management into governance, strategy, and decision-making to reduce the impacts of climate risk on portfolios, assets, services and businesses.

Additional Capabilities

Vulnerability and risk mapping
Application of standardized risk and vulnerability assessment frameworks i.e. ISO 31000 Risk Management and the PIEVC Protocol, etc.
Lifecycle assessment
Economic analysis of climate impacts and opportunities
Risk interdependency studies
Risk mitigation and resilience planning

Clients We Help

Investors, businesses and industry

We possess the expertise to evaluate climate-related impacts on your business and portfolio, and develop strategies to reduce risks and capture climate-related opportunities. Our technical capabilities in climate science, combined with our deep expertise in real assets, can help you to mitigate risk, build resilience, and disclose to your investors.

Infrastructure Owners and Operators

With increasing severity of extreme weather and slow-onset changes in climate and policy, proactively managing risks will be essential to protect your existing assets and to make resilient infrastructure investments. We can help you gain insight into how climate change will impact the performance, lifecycle, cost and value of your physical assets and identify options to minimize current and future risks. Our team of infrastructure, financial, and climate change experts will help you navigate the changing climate and lay a firm foundation for climate resilience of your infrastructure.

Municipalities

Fostering healthy communities with secure public infrastructure and services is a common objective throughout all our projects. We have a deep understanding of how climate change can affect your infrastructure and operations, natural assets, and communities. Our team is equipped with knowledge, skills, and resources to support municipalities with different geographies and climate risk exposures. Working with WSP, you will realize the benefits of our holistic and collaborative approach to climate impact assessments and receive solutions that address your municipality’s unique needs.

Federal and Provincial Governments

Working with us, you will understand how current and future climate scenarios will impact your assets, operations, and services. Our team of professionals have backgrounds in government, finance, engineering, climate science, planning and more. We deliver the technical expertise needed to help you understand and plan for a broad spectrum of climate risks and opportunities.