2024 ESG Report

Good Business Beyond the Bottom Line: Weaver Releases Its Inaugural ESG Report

Weaver has always believed in treating people fairly, operating ethically and transparently, supporting our larger community and the environments in which we operate. We have released our first Environmental, Social and Governance (ESG) Report to provide a transparent view of our commitments and results.

Download the report

Weaver has released our inaugural Environmental, Social and Governance (ESG) Report, reflecting our deep and ongoing commitment to integrating sustainable practices across our business. To create this report, we evaluated the firm’s practices against global standards set by the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).

The 2024 ESG Report offers insight into Weaver’s overall business; how we manage ESG efforts, both internally and externally; and how our work supports environmental stewardship, social responsibility and strong governance. Based on the results of our materiality assessment, the material topics for fiscal year 2024 were cybersecurity, data protection, data privacy, client satisfaction, business ethics and regulatory risk management.

Key Highlights:

Environmental

As a national accounting and consulting firm, Weaver recognizes that while our overall footprint is considerably smaller than emission-intensive industries; our business activities still have an impact on the environment. We also remain mindful of environmental factors that could affect our operations and incorporate these considerations into our strategic planning.

Our office leases are the primary contributors to environmental impacts within our supply chain. As a result, we prioritize sourcing buildings and negotiating leases that incorporate good practices such as energy efficiency, green certifications and renewable energy.

Greenhouse gas emissions

For this initial report, we determined both Scope 1 and Scope 2 emissions:

Climate risks

All of Weaver’s offices face significant exposure to heat risk, with many also at risk from flooding, tornadoes, lightning, landslides, earthquakes and wildfires. The 2024 ESG Report includes a physical climate risk matrix that ranks these hazards by both likelihood and impact, taking into account the number of team members at each location.

The Report also describes results of our detailed climate scenario analyses. We examined both business-as-usual (high emissions) and low-emissions scenarios to identify the most significant impacts to Weaver and our clients.

Whichever path we find ourselves on, Weaver’s strengths in risk management, strategic planning and sustainability reporting will enable us to manage our own risks and support our clients through change.

Social

Social factors include Weaver’s relationships with employees, our surrounding communities, vendors and clients.

We foster an inclusive environment and value diversity in talent and perspectives. We’re proud of the fact that many of our partners and employees have been with us for more than 10 years. The ESG Report describes the numerous programs to foster inclusion, diversity, equity and belonging, as well as opportunities for professional growth and collaborative teamwork.

Employee development programs include three specific programs for each stage in a professional’s development: WeaverLAUNCH, for those beginning their careers; WeaverLIFT for newly promoted leaders; and WeaverLEAD, our internal leadership coaching program, which utilizes the guidelines of International Coaching Federation.

Pay equity and benefits are a strength for Weaver, with women and men employees paid comparably from Associate to Managing Director levels. The ESG Report summarizes many of the different metrics we use to track and improve the firm’s fair compensation.

Community engagement

Last year, Weaver invested more than $250,000 in our communities through the Weaver and Tidwell Private Foundation. In addition, our Expand the Reach program provides opportunities and encouragement to high school and college students from under-represented communities. In 2024, we awarded nine college scholarships worth up to $10,000 each.

In this video, the leaders of Expand the Reach talk about this important community outreach initiative for the firm. Also, our Cultivating Greatness Program scholarship recipients and their parents discuss what Weaver’s scholarship means to their families.

Governance

Weaver places great importance on conducting our operations with integrity and building relationships based on trust and transparency. As a national accounting and consulting firm, we take very seriously the responsibility of safeguarding our clients’ information and meeting the professional standards expected of CPAs. The ESG Report describes some of the specific measures we take in the areas of:

• Ethics
• Independence and managing conflicts of interest
• Data privacy and cybersecurity

“While this is Weaver’s first formal report, our commitment to responsible practices has been ingrained in our business for years. As we continue this journey, we remain committed to evolving our strategies, while balancing market demands and our internal goals.”

– John Mackel, CEO and Managing Partner

The 2024 ESG Report also includes three detailed tables mapping our efforts to the three selected frameworks: GRI, SASB and TCFD. Click below to download the report.

Download Weaver’s 2024 ESG Report

For more information on Weaver’s 2024 ESG Report or any of its initiatives, contact us.

©2024