A Changing Landscape
Over the past 18 months, economic uncertainty, geopolitical tensions, evolving regulations and growing scrutiny of sustainability initiatives have created a challenging environment for organizations. Nonetheless, the study suggests that rather than retreating from sustainability, many Canadian organizations are becoming more pragmatic, focusing on the areas where sustainability delivers tangible value through risk management, resilience and long-term performance.
These findings reveal a significant shift in how organizations manage sustainability. Senior leadership is involved in the sustainability strategy of 95 percent of responding organizations, while ESG risks are increasingly incorporated into broader risk management processes. At the same time, organizations across the country are strengthening their approaches to disclosure, governance and climate action, creating a more structured foundation for future progress.
About the study
WSP examined sustainability practices across eleven key areas, including strategy, governance, regulation, risk management, disclosure, sustainable finance, climate and emerging topics such as nature and water. The results highlight both encouraging signs of progress and areas where significant gaps still remain.
The study also points to the next frontier of sustainability. While climate remains the primary entry point for corporate sustainability efforts, attention is increasingly turning toward biodiversity, water and broader societal considerations. As sustainability becomes more connected to business decisions, the report suggests organizations will need to move beyond compliance and reporting and focus on translating commitments into measurable action and business value.