Guided by our Future Ready programme, WSP is uniquely positioned to advise, engineer and design sustainability into all projects in line with global ESG and decarbonisation ambitions.
Since Golder becoming part of the WSP family in 2021, our capabilities in strategy and goal setting, data management, renewable energy, climate resiliency, supply chain, and public reporting have greatly strengthened, which benefits our clients in creating robust sustainability strategies, developing leading GHG reduction targets based on climate science, and supporting sustainability project implementation of all types.
We have been working with corporations, investors, and public organisations prioritise and manage their most important ESG impacts according to external stakeholder expectations, voluntary reporting frameworks, and newly emerging regulatory and exchange requirements related to ESG disclosure.
Our Environment team has been appointed by AustAsia, a Hong Kong-listed milk and beef producer, to provide comprehensive ESG consultancy services to assist the group in reporting their sustainability performance to current and potential investors, and other stakeholders in a manner consistent with the requirements of Hong Kong Stock Exchange.
Further to developing the ESG report in 2022, our team continues to support the group not only on future ESG report supporting, but also on climate-related works such as disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
A journey to enhance ESG standard
WSP is well-versed in the latest corporate sustainability reporting techniques, best practice protocols, guidance documents and target-setting methodologies. Our team worked with AustAsia to develop and utilise an ESG management system, undertake data collection and quality checks, compile a greenhouse gas (GHG) emission inventory, and prepare an annual ESG disclosure report. In the process, AustAsia was able to further improve its management standard in relation to sustainable development, such as herd-related GHG emissions, supply chain management, and biosecurity.
Climate-related risks identified
Our team also helped AustAsia to identify and analyse potential climate change risks relating to their business and developed response actions accordingly. With reference to the disclosure requirement of TCFD, we identified, assessed and developed plans to manage multiple potential extreme weather incidents including extreme temperatures and water stress risks.