Weaver’s Approach Impacts, Risks and Opportunities
Stakeholder Engagement
Corporate Responsibility Committee Greenhouse Gas Emissions
Climate Risk Assessment
Policies and Initiatives
Our Offices
Client Impact
Sustainability Insights
Our People. Our Culture.
Inclusion and Belonging Benefits
Learning and Development
International Expansion
Community Engagement
Pay Equity
People by the Numbers Ethics
Data Privacy and Cybersecurity Innovation
Performance Data Tables
Global Reporting Initiative (GRI) Index
Sustainability Accounting Standards Board (SASB) Index
Task Force on Climate-Related Financial Disclosures (TCFD) Index
About This Report
Weaver and Tidwell, L.L.P. (Weaver) — a national accounting and consulting firm — published its 2025 Corporate Responsibility Report on October 31, 2025. This report outlines how the firm integrates sustainability strategies into its operations to drive value creation and mitigate emerging risks. It reflects the continued evolution of Weaver’s sustainability program and reinforces transparency in alignment with current market expectations.
To support the continued evolution of our sustainability program in 2025, we conducted a double materiality assessment that refined our understanding of material topics by evaluating not only how sustainability issues affect the business but also how the firm’s activities impact environmental and social factors. Double materiality has become the preferred standard for assessing materiality, particularly under evolving global regulatory frameworks such as the Corporate Sustainability Reporting Directive (CSRD). Unlike traditional materiality assessments that focus solely on financial effects, double materiality provides a dual-lens approach — examining both:
Financial Materiality
The effects of Environmental, Social and Governance (ESG) factors on the firm’s financial performance, risk exposure and long-term business resilience
Impact Materiality
The firm’s impact on the environment and people, including how its operations contribute to or mitigate broader sustainability challenges
By leveraging this approach, Weaver ensures that its sustainability strategy is both data-driven and aligned with global best practices, allowing for a more comprehensive risk management framework. The assessment findings were further validated through a risk and opportunity analysis, ensuring that identified material issues are not only relevant to stakeholders but also substantively affect business decision-making, resilience planning and long-term value creation. Additionally, Weaver has enhanced transparency by incorporating data from its operations in India, recognizing the team’s contributions and reinforcing how the firm’s values are embedded across the organization, even as it expands globally. The firm took a deliberate strategic approach to entering the market in India, ensuring alignment with the local culture and business practices, as well as Weaver’s broader organizational culture.
The 2025 Corporate Responsibility Report is based on operations of the Weaver consolidated entity, which is consistent with our financial reporting. It is based on activities for the fiscal year which ended May 31, 2025, unless otherwise stated. The disclosures have not been externally verified. As Weaver intends to report on an annual basis, we will continuously evaluate our methodologies and processes to enhance the quality and results over time. For any questions regarding the content covered in Weaver’s 2025 Corporate Responsibility Report, email us at Sustainability@weaver.com.
Weaver also assessed globally recognized sustainability reporting frameworks and is reporting in accordance with the following:
Global Reporting Initiative (GRI) Sustainable Accounting Standards Board (SASB) International Financial Reporting Standards (IFRS) S1 and S2 (formerly the Task Force on Climate-Related Financial Disclosures (TCFD))
Each standard serves a distinct purpose, and together, they provide a comprehensive structure for disclosing material ESG considerations relevant to the business.
Letter From the CEO
Weaver celebrated its 75th anniversary this year — a milestone that reflects decades of client service excellence, strategic growth, expanded partnerships and broader geographic reach.
Over the years, we have expanded the services we provide and acquired firms and top talent that have helped us achieve our vision, strategy and expand into new markets. In 2024, that progress included two major acquisitions that added new talent and enhanced our service capabilities. Through each transition, we have remained focused on our people, culture and operational excellence — ensuring our growth is thoughtful and positions Weaver and its team members for long-term success.
Building on that momentum, this fiscal year has been shaped by continued growth and a deeper investment in operational excellence. This includes the opening of four new offices in India, creating a new subsidiary, Weaver and Tidwell India LLP. This expansion strengthens our global capabilities, broadens access to talent, reinforces our commitment to client service and
adds four certified green building offices to our footprint. We have also expanded our capabilities in artificial intelligence (AI), digital transformation and sustainability — areas that are redefining how businesses create value. Internally, we rolled out an advanced AI-powered chat model to drive efficiency and improve responsiveness. Externally, we launched a double materiality assessment application, giving clients a practical tool to evaluate sustainability risks and opportunities.
As these capabilities evolve, so do the broader forces shaping our clients’ realities. From the increasing frequency of natural disasters to inflation and rising cybersecurity threats, the business climate remains unpredictable. Weaver is built to meet these dynamic conditions with a measured, proven formula — one we continuously refine and adapt.
John Mackel, CEO and Managing Partner, speaks on a panel at a firmwide meeting.
As we explore emerging technologies, sustainability solutions and digital tools, we also remain grounded in our core processes for evaluating risk, identifying opportunity and driving value no matter how complex the environment becomes.
In addition to our 75th anniversary, this year marks the 10th anniversary of Weaver establishing a presence in Southern California with the opening of our Manhattan Beach office, which has become a hub for Weaver’s Financial Services practice.
The heart of Weaver’s success is our people and culture. As the firm grows, we continue to prioritize operational excellence and employee well-being. In FY 2025, we enhanced our benefits by introducing scheduled time off in addition to paid time off, offering greater flexibility for employees. We also implemented a four-day, in-office work week to support collaboration and innovation while promoting work-life balance. We remain committed to fostering a fair and inclusive work environment and equipping employees with the training, tools and resources needed to navigate professional and personal milestones at every stage of life.
Finally, we made meaningful progress across several environmental initiatives — from eliminating Styrofoam™ cups and reducing single-use plastics to enhancing our tracking of Scope 3 emissions. We have also prioritized scenario planning and resilience. When wildfires impacted employees in California, the Weaver Private Foundation responded with direct financial support, reflecting the strength of our planning and our ongoing focus on employee well-being. Sustainability remains a key part of Weaver’s business strategy. By embracing these principles, Weaver provides an increased level of transparency for our stakeholders and contributes to a more sustainable future.
John Mackel CEO & Managing Partner Weaver
Firm leaders, John Mackel and Sindu Rajesh, talk about the Manhattan Beach office and how it has grown over the years and the future.
Reflecting Weaver’s ongoing focus on responsiveness and meeting our clients’ needs, this video includes investment fund partners addressing how we operate and the services we deliver to alternative investment clients every day.
Weaver Business Overview
Weaver strives to be the consistent, reliable solutions provider for our clients and a best-in-class workplace for our employees. Guided by unwaivering core values that serve as our North Star, we deliver clarity and stability to effectively support our teams and clients through unpredictable times. While our foundational principles remain steadfast, we embrace adaptability, proactively adjusting our approaches to anticipate and address the unique challenges facing those we serve.
Founded in 1950, Weaver is a national accounting and consulting firm built upon a tradition of professionalism, integrity and ethical excellence. The firm serves clients across the United States through a network of 25 strategically positioned offices, staffed by more than 1,600 dedicated professionals. This extensive footprint grants our clients easy access to our collective wealth of experience and the practical benefits of our technical and industry insights.
As we reflect on the strength of our national presence and the deep knowledge within our teams, this year marks Weaver’s 75th anniversary. Reaching this moment is not simply a measure of time but a testament to the enduring values that have guided the firm through decades of change. It affirms our long-standing commitment to ethical leadership, trusted relationships and a forward-looking approach — principles that continue to shape the foundation of our sustainability strategy today.
At our core, Weaver has always been deeply attuned to helping our clients achieve success. We recognize that our clients have evolving needs, especially amid today’s rapid market shifts, and we help them focus relentlessly on growth, operational efficiency and risk mitigation. Our comprehensive suite of services — including dynamic solutions in cybersecurity, artificial intelligence, sustainability governance, risk and compliance (GRC and many other areas) — enables us to help our clients achieve their business objectives confidently and securely.
Left to right: Sam Edwards, Lloyd Weaver, J.T. Bartee, Tommy Roddy and D. Wayne Tidwell, the first generation of Weaver partners.
1950s Logo
Our team’s agility and responsiveness have consistently proven critical to our clients’ success. We actively leverage innovative technology, continuously evaluating all available tools to maximize impact and deliver customized solutions aligned with each client’s strategic vision. Education remains a priority, ensuring our professionals are always ahead of emerging trends, industry shifts and new laws and regulations. We’ve seen that a firm’s success can ignite progress across its value chain, strengthening partnerships and amplifying impact.
Industry Affiliations
Our team of professionals maintains active involvement with the American Institute of Certified Public Accountants (AICPA), reinforcing our adherence to the profession’s rules and standards. This ensures we uphold the highest levels of professionalism and integrity in our work, from preventing conflicts of interest to meeting requirements for financial statement audits.
Our professionals also hold CPA licenses in numerous U.S. states and are members of various state-level
CPA societies. These memberships help us remain connected to local networks and stay current with regional developments and regulatory changes.
We continue to monitor global regulations and trends through our participation in two international associations — Allinial Global and The International Accounting Group (TIAG®). These associations give us access to global resources and allow us to engage firms around the world to support cross-border clients.
Every engagement is approached with meticulous consideration, reflecting our reputation in the industry for delivering approachable, hands-on and top-tier solutions tailored to client needs.
Core Values
Our core values at Weaver go beyond aspirational principles. They have been operationalized into our business processes and organizational culture. These values directly influence our employee recognition programs, performance evaluations and were a key consideration in our double materiality assessment survey, shaping priorities within our Corporate Responsibility Report. This year, we reviewed our core values against the United Nations Sustainable Development Goals (UNSDGs) and material topics, validating their relevance and confirming that they are consistent with market expectations on both a national and global scale. This alignment ensures our internal objectives resonate broadly, adhering to the highest global standards and emphasizing our unwavering dedication to responsible corporate citizens.
Take initiative.
Lead. Always think about how we can improve.
Act with
no matter what.
Do work you’re deeply proud of, as if Weaver were your business.
We aim to deliver excellence that catalyzes growth and empowers our clients to exceed their financial and operational goals.
Mission
Working collaboratively with each other and our clients, Weaver solves the most challenging accounting, regulatory and business issues. We bring a human element to the world of numbers and complex regulations, which includes creating a supportive workplace culture where we strive for excellence together.
Vision
Weaver strives to be the best accounting and consulting firm in the country for our people and our clients, while celebrating and extending our collaborative, innovative culture.
Be adaptable and innovative in all that you do.
Help each other succeed at work and in life.
Values
Our goal is to balance high development with high performance to meet the goals of each individual, team and the firm. Our core values drive everything we do — the way we work, the way we operate and the way we serve our clients.
Respect everyone for who they are and what they contribute, no matter what.
Keep perspective: be passionate and diligent, and have fun.
integrity,
Strive to transcend client expectations, always.
CEO and Managing Partner, John Mackel, interviews Weaver’s 2025 Core Value Award winners at the annual state of the firm meeting.
Connecting Our Core Values to Global Priorities and Strategic Objectives
UNSDG Alignment
Take initiative. Lead. Always think about how we can improve.
Do work you’re deeply proud of, as if Weaver were your business.
Act with integrity, no matter what.
Strive to transcend client expectations, always
Be adaptable and innovative in all that you do.
Help each other succeed at work and in life.
Respect everyone for who they are and what they contribute, no matter what.
Keep perspective: be passionate and diligent, and have fun.
Weaver at Glance
Year Founded Headquarters
Industries
Houston, TX
Consumer and Industrial Products
Consumer Products
Hospitality and Entertainment
Food and Beverage
Industrial Products
Public Sector
Government
Higher Education
Not-for-Profit
Advisory Services
Accounting Advisory
Artificial Intelligence Solutions
Asset Management Consulting
1,600 1950
Financial Services
Alternative Investments
Total Team Members
Approximately
Number of Partners
Banking
Insurance
Private Equity
Health Care
Health Care Data Privacy and Cybersecurity
Technology and Innovation
Blockchain and Digital Assets
Technology
Services
Audit and Assurance Services
Financial Audits
Agreed-Upon Procedures
Review and Compilation
Digital Transformation and Automation
Energy Compliance
Energy Solutions
Sustainability Consulting Services
Executive and Leadership Coaching
Services
Forensics and Litigation
Government Consulting
Number of Offices
FY25 Revenue
$384M 25 190
17% Increase Over PY
Life Sciences
Patient Care (Providers)
Infrastructure and Development
Construction
Real Estate
Transportation and Logistics
Labor Union Organizations
Labor Unions
Multiemployer Plans
Natural Resources,
Renewable Energy and Utilities
Energy Evolution
Oil and Gas
Renewable Fuels
Employee Benefit Plan Audit
IFRS Assessment and Conversion
Peer Review
SOC Examinations
Public Company
Tax Services
Federal Tax
Fixed-Asset Advisory
International Tax Services
Motor Fuels and Excise Tax
Private Client
State and Local Tax
Tax Credits and Incentives
IT Advisory
Risk Advisory
Transaction Advisory
Valuation Services
Practice Groups
Family Office
Private Equity
Public Company
Weaver Capital Advisors
Software
Hi-Arc DAVI
FuelRules
U.S. West
Denver, Colorado
Los Angeles, California
Manhattan Beach, California
Pasadena, California
Sacramento, California
San Diego, California
Woodland Hills, California
Portland, Oregon
U.S. Central
Austin, Texas
Dallas, Texas
Fort Worth, Texas
Houston, Texas
Lafayette, Louisiana
Midland, Texas
Oklahoma City, Oklahoma
San Antonio, Texas
The Woodlands, Texas
U.S. East
Boston, Massachusetts
Jericho, New York
Little Falls, New Jersey
New York City, New York
Philadelphia, Pennsylvania
Washington, D.C. Metro
India
Bengaluru
Chennai
Coimbatore
Kochi Office Locations
Professional Affiliations
Weaver prides itself in meaningful engagement through membership and participation in hundreds of industry and professional regulatory agencies, associations, chambers of commerce, councils, coalitions and much more. Included below are some of Weaver’s affiliations where the firm and/or individual professionals participate on an ongoing basis.
⊲ Association for Corporate Growth (ACG) 101
⊲ ACG Austin/San Antonio
⊲ ACG Houston
⊲ ACG Louisiana
⊲ ACG Oklahoma
⊲ Advanced Biofuels Association (ABA)
⊲ American Bar Association Health Policy Circle
⊲ American Biogas Council
⊲ Association of College & University Auditors (ACUA) Strategic Partner
⊲ Association of Water Board Directors
⊲ Community College Business Officers (CCBO)
⊲ Dallas Regional Chamber
⊲ The Employee Stock Ownership Plan (ESOP) Association
⊲ ESOP California/Nevada Chapter
⊲ ESOP Florida Chapter
⊲ ESOP Northwest Chapter
⊲ ESOP Rocky Mountain Chapter
⊲ ESOP Texas/Oklahoma Chapter
⊲ Financial Executives International (FEI) Dallas
⊲ FEI Fort Worth
⊲ FEI Houston
⊲ FEI San Antonio
⊲ Government Finance Officers Association of Texas (GFOAT) Annual Partnership
⊲ Greater Bethesda Chamber of Commerce
⊲ Greater Houston Partnership
⊲ Greater Oklahoma City Chamber
⊲ Healthcare Financial Management Association (HFMA) Oklahoma
⊲ HFMA Texas
⊲ Investment Advisor Association (IAA)
⊲ Kay Bailey Hutchison Energy Center, Advisory Council
⊲ Low Carbon Fuels Coalition (LCFS)
⊲ Midland Chamber of Commerce
⊲ National Association of Federal Equity Receivers (NAFER)
⊲ National Council of Real Estate Investment Fiduciaries (NCREIF)
⊲ National Emergency Management Agency (NEMA) Corporate Membership
⊲ National Investment Company Service Association (NICSA)
⊲ North Dallas Chamber of Commerce (NDCC)
⊲ North Houston Association Membership
⊲ Opportunity Austin
⊲ Real Estate Council Greater Fort Worth (RECGFW)
⊲ Texas Association of School Business Officials (TASBO) Business Membership
⊲ Texas eHealth Alliance
⊲ Women’s White Collar Defense Association (WWCDA)
⊲ Young Professionals of Midland
Awards
Weaver’s industry-focused, client-centric approach has paid off for our clients — and garnered our firm national recognition.
Accounting Today
Leaders in Consulting
Pacesetters in Growth Top Tax Firms
Largest Accounting Firms in the U.S.
Best of the Best Firms Fastest Growing Firms
Construction Executive’s Top 50 Construction Accounting Firms
Texas Lawyer’s Best of Business Accounting Providers
Texas Lawyer’s Best of Valuation Firms
Texas Lawyer’s Best of Corporate Investigations Providers
Texas Lawyer’s Best of Forensic Accounting Providers Austin and San Antonio (2024)
New Jersey Top Accounting Firms
Portland Business Journal
Houston Business Journal ⊲ Austin Business Journal
San Antonio Business Journal
Sacramento Business Journal
LA Times Studio
Fort Worth Business Press
Washington Business Journal (Metro DC)
By Industry By Region
Performed physical climate risk analysis Elimination of all Styrofoam™
Inventoried baseline greenhouse gas (GHG) emissions, Scopes 1, 2 and 3 Reduction in food waste and single use plastics
30 Languages Spoken
Client Satisfaction Survey Results
Weaver’s client satisfaction surveys are the ideal place for clients to provide their feedback to us. From overall client service to the knowledge of the project team to how we can improve their experience working with us, we ask our clients a range of questions to help us assess how we’re doing. We take this process seriously, and the feedback we receive is very important to us. Our commitment to client service excellence shows in our results.
Weaver’s firmwide Net Promoter Score, which is the primary indicator the firm uses to measure client satisfaction, is: Net Promoter Score
What Our Clients Say
7.8
Agree that Weaver is actively working to ensure that people of all cultures and backgrounds feel welcome
$260,000
Donated to charitable organizations through the Weaver and Tidwell Private Foundation in FY 2025
⊲ Adopted double materiality approach
⊲ Published Environmental and Human Rights policies
⊲ Sustained prevention of IT or cybersecurity breaches (no known breaches)
⊲ Obtained ISO 27001 certification
⊲ Achieved 100% of employees completing training on firm policies
⊲ Accomplished 17% year-over-year revenue growth
We often receive comments on our client satisfaction surveys. One client shared the following response about Weaver:
“Weaver’s delivery of service over the five years that we’ve engaged them has been consistently on time and budget, and frequently exceeds our expectations.”
Approach
Corporate Sustainability Reporting Directive (CSRD) Process
Under the CSRD, companies are required to conduct a double materiality assessment as the first step in the ESG reporting process.
This approach has become the gold standard because it evaluates sustainability topics across two critical dimensions:
Financial Materiality
Environmental & Social Materiality
To the extent necessary for an understanding of the company’s development, performance and position ... ... and impact of its activities
Financial Materiality
The degree to which environmental, social and governance factors impact the company’s financial performance and enterprise value
Impact Materiality
The extent to which the company’s activities have actual or potential impacts on the environment and society
This two-pronged evaluation strengthens the connection between ESG performance and corporate strategy. In addition, CSRD requires that material topics be validated through an impact, risk and opportunity (IRO) assessment, ensuring that disclosures are backed by strategic relevance and evidence-based insights. This layered approach elevates traditional materiality exercises by embedding rigor, accountability and transparency throughout the process.
Ultimately, the significance of the CSRD — and the value of the double materiality assessment — lies in its ability to transform sustainability reporting from a checkbox exercise into a deeply strategic undertaking. It builds a defensible case for sustainability in an environment where ESG efforts are increasingly scrutinized.
The key enhancement this year was the explicit consideration of environmental and social impact, in addition to business relevance.
Weaver’s Approach
Although we adopted the double materiality approach this year, Weaver maintained some continuity by engaging individuals with similar roles and responsibilities as those involved in prior ESG assessments.
Before launching the process, each participant group was assessed for any structural or functional changes to ensure representation across all business units with strategic or operational influence. This step helped guarantee that subject matter professionals with deep business knowledge and ESG familiarity were included from the outset. In addition, the European Sustainability Reporting Standards (ESRS) were integrated into the framework mapping exercise used to guide topic selection. This review did not result in any changes to the material topics identified in the prior year, as the original framework mapping was already broad and inclusive — drawing from established standards such as GRI, which closely aligns with ESRS content.
Double Materiality
How Weaver impacts ESG and how ESG impacts Weaver
Double Materiality Assessment
Once survey responses were collected, Weaver convened a targeted internal working group — a smaller cohort of individuals with strong cross-functional insight — to evaluate the results through the lens of impact, risk and opportunity. This group played a central role in validating topic significance and determining whether any further refinement was needed.
This year’s process reflects Weaver’s commitment to enhancing the maturity of its sustainability program, advancing ESG reporting capabilities and adding analytical rigor that positions the firm to build a stronger case for ESG integration across the business. The following graph summarizes the results of this assessment, with material topics grouped at the top right.
Relevant Topics
Important Topics
Philanthropy
Community Engagement
Inclusion and Belonging
Physical Climate Risk Energy Use
Water Management
Material Topics
Workplace Wellness
Human Rights
Occupational Health and Safety
Transparency and Accountability
Ethical Marketing and Branding
Emergency Preparedness Talent
Impacts, Risks and Opportunities
Weaver’s impacts, risks and opportunities (IRO) assessment applied qualitative criteria outlined in the European Financial Reporting Advisory Group (EFRAG) guidance to better understand the relevance and significance of the topics identified through stakeholder input.
Impacts refer to the actual or potential effects our business activities have on environmental and social matters.
Each identified impact was reviewed based on:
Scale Scope
The severity or magnitude of the impact on people or the environment after considering existing mitigation measures
How widespread the impact may be, such as the number of individuals, operations or geographies affected
Remediability
How difficult or costly it would be to reverse the impact, including the time horizon needed for remediation
Risks and opportunities, in contrast, are assessed solely from a financial perspective. They reflect how sustainability-related topics could affect Weaver’s financial performance, position or access to capital. Each was considered based on:
Likelihood
The probability of the risk or opportunity occurring
Potential Financial Effect
Including cost implications, business disruption or long-term financial benefit
These criteria are not intended to be prescriptive or formulaic. Their application is inherently subjective and must be tailored to each organization’s operating model, strategic priorities and stakeholder expectations. At Weaver, we approached this analysis collaboratively, ensuring the evaluation was grounded in both business understanding and sustainability context.
Double Materiality Assessment
Learning and Development
Structured programs and initiatives to build employees’ skills, knowledge and competencies in support of strategic objectives and long-term resilience
Talent Management
Talent management is the attraction, selection and retention of employees, which involves a combination of HR processes across the employee life cycle. It encompasses workforce planning, employee engagement, learning and development, performance management, recruiting, onboarding, succession and retention.
Social | S4 Consumers and End Users
Client Satisfaction
An indicator of reputation and value creation, measured via formal feedback channels, complaint-handling processes and satisfaction surveys that gauge how products and services meet end-user needs and expectations
Actual/Potential
Chain/ Own Operations
Chain/ Own Operations Positive/Negative, Actual/Potential
Chain/ Own Operations
Inadequate Learning & Development programs undermine regulatory compliance which can stifle innovation, talent turnover, audit errors, regulatory penalties or even loss in client work if skill gaps emerge or certifications lapse.
Talent shortages, high turnover rates, skills gaps and lack of diversity lead to increased costs for hiring new talent, L&D costs, training employees, decreased productivity or innovation. Positive/Negative, Actual/Potential
Operations
Value Chain
revenues, reduced market share if satisfaction dips
Boosting productivity, attracting top talent and expanding service offerings in high-growth areas
Upsell and cross-sell opportunities as high client satisfaction drives deeper engagement and new referrals Opportunity
Attracting, retaining and developing a skilled workforce to drive business success and retain successful employees
Governance | G1 Business Conduct
Data Protection
Policies, processes and technical controls to ensure the confidentiality, integrity and availability of client and firm data (audit work-papers, financial models) in compliance with GDPR, professional standards and industry frameworks
Data Privacy
In relation to the protection of individuals that use the mechanisms against the retaliation, the undertaking may describe whether it treats grievances confidentially and with respect to the rights of privacy and data protection; and whether the mechanisms allow for workers to use them anonymously (for example, through representation by a third party).
IT Innovation
Build resilient infrastructure, promote sustainable industrialization and foster innovation; innovation defined as developing and deploying new technologies, processes and services that drive productivity, inclusivity and environmental performance
Conflicts of Interest
Situations where personal, family or financial interests of individuals (or their close associates) are or may be perceived to be, in conflict with their duty to act impartially and potentially undermining professional objectivity and enterprise value Risk
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Regulatory fines, professional liability claims, remediation costs, and reputational damage from unauthorized access or data leakage
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Mishandled personal data can lead to identity theft, discrimination, regulatory scrutiny and loss of confidence in our client relationships. This extends to lawsuits, client attrition and increased compliance costs stemming from privacy violations or inadequate consent management.
Opportunity
Adoption of ISO 27001/SOC 2 controls and privacy-enhancing technologies to differentiate our services, reduce cyber-insurance premiums and win new clients seeking secure accounting partners
Opportunity
Embedding privacy-by-design in client engagements builds our reputation for integrity, unlocks new advisory services and strengthens long-term client loyalty.
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Underinvestment could lead to inefficiencies, higher costs, inability to meet evolving client expectations.
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Legal fines, reputational damage, loss of independence if COI not managed
Opportunity
Differentiation through cutting edge solutions, new revenue from AI-enabled advisory and consulting-assurance products, and automation to complete client deliverables more efficiently
Opportunity
Strengthened governance and transparency bolsters credibility, enabling access to regulated clients and premium engagements
Governance | G1 Business Conduct
Business Ethics
Business ethics refers to implementing appropriate business policies and practices regarding arguably controversial subjects. Some issues that come up in a discussion of ethics include corporate governance, insider training, bribery, discrimination, social responsibility and fiduciary responsibilities. The law usually sets the tone for business ethics, providing a basic guideline that businesses can choose to follow to gain public approval.
Cybersecurity
Cybersecurity is the practice of protecting systems, networks and programs from digital attacks. These cyberattacks are usually aimed at accessing, changing or destroying sensitive information; extorting money from users via ransomware or interrupting normal business processes.
Regulatory Risk
Regulatory risk is the potential for adverse financial, operational or reputational impacts arising from changes to or noncompliance with applicable laws, regulations, voluntary commitments or professional standards identified through the undertaking’s risk-management processes and requiring mitigation to avoid fines, sanctions, operational restrictions or loss of stakeholder confidence.
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Positive/Negative, Actual/Potential
Value Chain/ Own Operations
Increased risk of legal liability and reduced capital pool resulting from lack of policies and business ethic standards
Opportunity
Establishing a strong ethical culture, code of conduct and ethics training programs to foster integrity and responsible business practices to strengthen and expand business engagements with government agencies
Financial loss due to cyber attacks, data breaches: risk of operational disruptions and downtime due to a cybersecurity disruption
Investing in cybersecurity measures, implementing data protection protocols and conducting regular security assessments to mitigate cyber risks and safeguard business operations
Opportunity
Strengthening compliance governance and advisory capabilities differentiates Weaver, creates new regulatoryconsulting service lines and reinforces credibility with clients and regulators.
Stakeholder Engagement
We treat engagement as part of the way we operate — woven into decisions, relationships and the culture we’ve built. Our approach has been intentional from the start, shaped by the belief that real connection creates stronger outcomes.
Collaboration isn’t limited to internal teams or client work. It extends to every relationship we maintain. We stay active in our communities and remain open to dialogue across every touchpoint. That includes finding new channels to engage, creating space for feedback and staying present in the moments that matter. This level of engagement has become a defining part of our identity. It’s contributed to the credibility we’ve earned and the longevity of the relationships we’ve built. As the landscape changes, we continue to challenge ourselves to show up differently — listening closely, responding thoughtfully and staying rooted in the values that guide our work.
Engagement Organization Stakeholder Purpose of Engagement
Client Satisfaction Surveys
Continuing Professional Education Events
Participation in Industry Associations
Thought Leadership Website
Social Media
Monthly Newsletter
Corporate Responsibility Report
Annual State of the Firm Meetings
Firmwide Town Hall Meetings
Service Line Town Hall Meetings
Coaching
Learning and Development Trainings
Volunteering
Recurring Practice and Industry Meetings
Impact Teams
Inspire Employee Growth
Inclusion Programs
Psychological Safety Meetings
Recruiting Events
Partner Meetings
Annual Partner Retreats
Practice Group Briefings
Departmental Retreats Summits and Meetings
Conferences
Industry Associations
Peer Reviews
Expand the Reach
Association of Latino Professionals for America (ALPFA)
Weaver and Tidwell Private Foundation
Assess service quality and identify improvements
Offer technical insights and deepen credibility
Build rapport and share industry leading practices
Strengthen network and stay current on trends
Demonstrate deep understanding and insight
Inform clients of full service capabilities
Provide updates on firm activities
Provide timely updates on regulatory and market changes
Promote transparency and communicate the firm’s impact
Share business updates and strategic priorities
Share business updates and strategic priorities
Share business updates and strategic priorities
Foster professional, personal and leadership growth
Build skills and support career advancement
Encourage community involvement and reinforce shared values
Provide regular touchpoint to share updates and coordinate
Cultivate an inclusive work environment
Promote learning and development opportunities for employees
Foster a culture of inclusion and belonging
Build awareness to promote a culture of safety and respect
Maintain a strong talent pipeline and showcase firm culture
Share firm updates and align on strategic direction
Strengthen relationships and set long-term vision
Review performance and coordinate priorities
Engage for collaboration, planning and leadership development
Exchange ideas and stay current on industry trends
Elevate Weaver’s brand and exchange insights
External validation of quality work
Expand recruiting pipeline for otherwise underrepresented groups
Expand recruiting pipeline for otherwise underrepresented groups
Support communities through philanthropy and partnerships
Sustainability Management
Weaver’s sustainability program continues to be driven by strong leadership, cross-functional collaboration and an emphasis on accountability and practical impact. There have been no changes to the firm’s sustainability leadership structure over the past year, and our governance approach remains consistent with the values that shape our long-term strategy.
The firm is led by a Chief Executive Officer and an Executive Committee of five elected partners serving three-year terms. This group is responsible for setting the firm’s strategic direction, making long-term investment decisions and guiding firmwide policy. Together with the Chief Operating Officer and Chief Risk Officer, they manage the firm’s overall operations and priorities — including quality control, risk management, innovation and technical support.
Weaver also operates under an industry-focused leadership model guided by three national practice leaders who shape culture, strengthen financial performance and integrate services across the firm to support market leadership.
Corporate Responsibility Committee
Our Director of Sustainability Services, who reports to the National Strategy Leader and is accountable to the Chief Operating Officer, leads both internal sustainability programs and client-facing initiatives.
Sustainability is integrated into operational decision -making across the firm. Throughout the year, operational and practice leaders participate in sustainability planning and ESG data collection, creating transparency and shared ownership of the program’s success.
Oversight and advancement of the firm’s sustainability strategy is managed through our Corporate Responsibility Committee, a cross-functional team composed of leaders from across departments. The committee plays a central role in evaluating initiatives, shaping policy and identifying opportunities to move the strategy forward. As part of this responsibility, the committee ensures that Weaver’s material topics remain at the center of decision-making. These topics serve as the North Star for our sustainability strategy, guiding how we prioritize efforts, develop initiatives and assess impact.
Chief Talent Officer, Linc Ashby, Chief Operating Officer, David Rook and Chief Information Officer, Robert Neill, talk with employees about information transparency and the firm’s investment in AI and technology.
Ashly Pleasant, CCIM
Director of Sustainability
Provides guidance on ESG best practices, benchmarks and industry trends
David Rook, CPA
Chief Operating
Officer
Ensures ESG initiatives align with business objectives
Frank McElroy, J.D.
General Counsel and Chief Risk Officer
Advises on legal implications of ESG efforts, including reporting disclosures and assists the ESG steering committee with assessing identified ESG-related risks
Alyssa Martin, CPA
National Strategy Leader
Represents the voice of clients and ensures ESG initiatives align with client expectations
Laura Roman, CPA
Partner-in-Charge, National Tax Office; Weaver and Tidwell Private Foundation Chair
In the past year, the Corporate Responsibility Committee introduced Weaver’s Human Rights and Environmental Policy, marking a foundational step in formalizing our approach to key ESG topics. Beyond policy, the committee continues to drive impact by identifying tangible, business-aligned initiatives that reflect our values and commitments.
Manages the firm’s community engagement, philanthropic and social impact initiatives
Dana Burris
Director of Operations
Collaborates with landlords and vendors to gather data from our operations and related sustainability practices within our leased portfolio, encompassing utilities, travel and smart design features
Demetrice Branch
Chief People Officer
Provides insights on employee-related matters such as diversity, equity and inclusion and employee engagement
Recent focus areas include:
Integrating data from our operations in India into firmwide ESG reporting
Promoting sustainability through reusable drinkware at employee appreciation events
Operationalizing environmental goals by reducing single-use plastic and eliminating Styrofoam™ cups
Exploring food waste reduction strategies for firm-hosted gatherings
This committee challenges itself to move forward with purpose — considering environmental impact, cost savings and employee experience at every step. Many of these changes benefit the bottom line while enhancing employee morale, reinforcing our position as a responsible corporate citizen that delivers on its promises.
By evaluating progress from every angle, the corporate responsibility committee ensures we stay relevant in the evolving sustainability landscape — and that our employees, clients and communities continue to see Weaver as a firm that leads with intention and integrity.
Environment
More than 90% of S&P 500 companies now publish sustainability reports, reflecting a broad and accelerating trend toward transparency on environmental impact, risk and strategy. As sustainability reporting becomes standard across industries, GHG emissions remain a central focus — widely recognized as a key indicator of environmental performance and business resilience.
Our work in this area expands beyond regulatory demand, though we recognize that disclosure expectations are rising. California’s climate laws, similar efforts emerging in New York and the EU’s CSRD, all signal a global shift toward more rigorous environmental accountability. These developments underscore the importance of building a reporting foundation that is both adaptable and forward-looking.
Emissions data is just one part of a wider environmental reporting effort. This year, we expanded our disclosures to include Scope 3 emissions, enabling a more complete and accurate understanding of our environmental impact. Alongside this, we continued to reduce food waste, promote reusable drinkware and pursue additional initiatives that address the broader effects of our operational footprint. These areas are deeply connected, and our work in each reflects measurable progress, informed decision-making and long-term impact.
Greenhouse Gas Emissions
GHG emissions are a central data point in sustainability reporting, and the expectations for accuracy, consistency and transparency continue to intensify. In response to this, Weaver expanded our reporting scope to include Scope 3 emissions.
We have aligned our emissions accounting and reporting efforts with the Greenhouse Gas Protocol, the leading global framework for measuring and managing GHG emissions. We also recognize the existence and value of other widely adopted standards, such as ISO 14064-1:2018, which offers guidance on the quantification and reporting of GHG emissions at the organizational level. For our operations, Scope 3 primarily consists of business travel. We did a detailed evaluation of travel-related emissions across modes, including car and air travel, to produce a complete and accurate inventory.
This work is foundational to our internal sustainability efforts and reflects the same level of process standardization, auditability and investor-grade quality we bring to the programs we develop for clients
The following data provides a breakdown of our GHG emissions by scope and source, offering a transparent view into our emissions profile for the reporting period.
Scope 1 | Emissions
21 Mt CO2e
Defined as direct emissions resulting from owned or operated activities. For Weaver, Scope 1 emissions consist of gas burned on site for heating office space. Weaver does not manufacture products or own vehicles that would contribute to Scope 1 emissions.
Scope 2 | Emissions
1,779 Mt CO2e
Defined as indirect emissions sourced from utility providers. Weaver’s Scope 2 emissions consist of energy consumed at our offices, including heating, cooling and steam.
Scope 3 | Emissions
696 Mt CO2e
Defined as all other indirect emissions, such as energy consumed as a result of employee travel.
Climate Risk Assessment
This year, we expanded our climate risk assessment to include one additional property acquired during the reporting period. Following its integration, we rebalanced our portfolio-level climate risk analysis to ensure this asset was accurately reflected.
The updated assessment confirmed that the highest-probability hazards identified in prior years remained unchanged, and the addition of these properties did not alter our existing risk profile. This year’s climate risk assessment reflects activity through December 31, 2024, and does not include our offices in India, which were acquired on January 1, 2025. These locations will be incorporated into future reporting periods.
Notably, more than half of our leased office portfolio is exposed to multiple high-risk hazards.
Physical Climate Risk Scatter Plot
Beyond physical risks, we also performed a transition risk assessment, evaluating potential exposure across four primary categories: market risk, policy and legal, reputational and technology. These considerations are further detailed in the TCFD section of this report. Given the nature of our business as a professional services organization, we are well positioned to adapt to transition risks more quickly than many asset-heavy industries. Our operational flexibility and low emissions profile significantly reduce our overall risk exposure in
area.
For data integrity and consistency, the U.S. climate risk assessment leveraged the Federal Emergency Management Agency (FEMA) National Risk Index. Across all geographies, we applied leading climate risk frameworks and tools to document and inventory exposures, benchmark our current state against best practices and evaluate landlord-led mitigation efforts such as backup power systems and flood controls. Offices in Texas represent the greatest concentration of employee exposure, as illustrated in the accompanying scatter plot. Our climate risk preparedness includes a clearly defined emergency response protocol. Each office location has an assigned responsible party tasked with coordinating internal communications and ensuring the safety and accountability of personnel during climate-related events. These measures reflect our continued commitment to resilience, preparedness and the well-being of our workforce.
Policies and Initiatives
This year, we implemented policies and initiatives that reflect our commitment to advancing sustainability priorities and maturing our program in a way that aligns with our operational reality as a professional services firm.
Our new Sustainability Policy provides a clear framework for how we approach environmental responsibility, supported by practical initiatives such as the elimination of Styrofoam™ cups, a reduction in single-use plastics and enhanced recycling programs across our offices. We also remain mindful of green features in the buildings we occupy, ensuring alignment with our broader goals.
To foster internal engagement, we introduced educational moments, including the distribution of reusable cups for Employee Appreciation Day and Earth Day communications that encouraged employees to reduce their environmental impact.
Policies
⊲ Environmental Policy
⊲ Emergency and Disaster Recovery Plan
Initiatives
⊲ Eliminated Styrofoam™ cups at all office locations by May 31, 2025
⊲ Eliminated use of plastic straws and stir sticks
⊲ Continue seeking alternative utensils
Sustainability Education
⊲ Employees provided with reusable drinkware as employee appreciation gifts
⊲ Earth Day initiatives
GREEN SPOTLIGHT
In May 2025, Weaver team members from the Dallas office came together at the Dallas Arboretum and Botanical Gardens as part of our For the Earth initiative. The day was dedicated to hands-on volunteer work focused on sustainability, preservation and environmental stewardship.
Volunteers tackled a range of projects, including weeding overgrown garden paths, planting seasonal flowers and vegetables in the Rory Meyers Children’s Adventure Garden and performing general clean-up and maintenance of public areas. These efforts helped refresh the gardens and maintain their appeal for the thousands of visitors who enjoy them each season.
In addition to the physical work, participants took part in educational sessions led by the Dallas Arboretum and Botanical Society horticulture team. These conversations deepened our understanding of native plant care, eco-conscious gardening practices and the broader impact of community-driven conservation.
The event fostered connection — not only with nature but also among colleagues — creating a shared sense of purpose that extended beyond the workplace.
Volunteers went home with dirty hands, full hearts and a new appreciation for the environment.
We’re proud of what we accomplished together and look forward to supporting more events like this throughout the year.
Weaver team members volunteer at the Dallas Arboretum and Botanical Gardens.
In April 2025, team members from Weaver’s San Diego office gathered at Torrey Pines State Beach to participate in I Love a Clean San Diego’s 23rd Annual Creek to Bay Cleanup — part of our firmwide For the Earth initiative. Alongside more than 3,000 volunteers across 103 locations in San Diego, our team helped remove over 80,000 pounds of litter from the city’s shores, canyons and parks. At Torrey Pines, a scenic stretch that shares access with the protected state nature reserve, our volunteers spent the morning walking the coastline, collecting debris from the surf line to the bluffs. Even the crevices between rocks and hard-to-reach dune areas were scoured for hidden trash. While our team removed only a small portion of the total debris collected that day, the impact was felt far beyond the weight of what we gathered. During the cleanup, we observed several pelicans affected by a recent algal bloom — some deceased, others clearly disoriented. A site captain shared that harmful neurotoxins produced by these blooms are increasingly impacting local marine life, including sea lions and dolphins.
For many of us, this was a sobering reminder of the interconnectedness of ocean health and community action.
Since 1985, I Love a Clean San Diego has mobilized more than 269,000 volunteers and removed over five million pounds of litter and debris. We’re proud to be part of that legacy and even more determined to protect the delicate ecosystems that make San Diego such a remarkable place to live and work. This activity motivated our team to make a greater impact in the future, and we are currently planning more local events to help our community and our ocean friends. Our day ended with sandy shoes and a renewed commitment to doing our part — for the Earth and for each other.
GREEN SPOTLIGHT
I LOVE A CLEAN SAN DIEGO’S 23RD ANNUAL CLEANUP DAY
Weaver’s San Diego team members helped eliminate trash and debris in support of the I Love a Clean San Diego Creek to Bay Cleanup.
Our Offices
Building recycling and sustainability features
of our buildings in India have sustainability programs in place
Another key area of focus is our office environment, which represents one of the most direct opportunities to reduce our environmental impact given the nature of our business as a professional services firm.
We concentrate our efforts where they matter most — partnering with landlords who share our sustainability goals and selecting buildings that prioritize operational efficiency and green building certifications. We also take employee comfort into account, with a focus on amenities that support well-being, such as access to restaurants, parks, walkable neighborhoods and fitness facilities. These decisions reflect our dual commitment to environmental performance and creating a workplace that enhances the daily experience of our teams.
of our offices have green building certifications and/or are ENERGY STAR® labeled
of our buildings have a recycling program
Weaver’s One Penn office building in New York City boasts numerous amenities for our employees.
The firm’s Chennai, India, office building is LEED Platinum and IGBC Platinum certified. Its WELL Certification is pending.
Client Impact
As the industry evolves, so do we. Our team has revisited our sustainability service offerings to ensure they deliver real value to businesses focused on both profitability and long-term impact. We remain committed to the principle that doing good and doing well are not mutually exclusive, and we lead with that belief.
To the right are the services we currently bring to market. These offerings will continue to evolve to meet emerging needs, with flexibility built in by design. We’re also publishing timely thought leadership to keep our clients ahead of rapid shifts in the sustainability landscape. Our goal is to equip clients with both the services and insights necessary to build resilient, highperforming businesses. These are modern business solutions for companies that see what’s coming next.
Materiality and Double Materiality Assessments
Identify and prioritize ESG topics that are most relevant to your business, stakeholders and regulatory obligations
Sustainability Strategy
Design tailored strategies that align sustainability goals with your business objectives and growth targets
Sustainability Program Roadmap
Translate strategy into action with a phased implementation plan that aligns people, processes and systems
Gap Analysis
Benchmark current state against leading practices and standards to identify improvement opportunities and risk exposure
Decarbonization Roadmap
Develop clear, actionable pathways to reduce emissions across operations, facilities and value chains
Sustainability Services
Sustainability Stakeholder Engagement
Facilitate meaningful engagement with internal and external stakeholders to align ESG priorities and drive collaboration
Data Collection and Benchmarking
Build systems to track sustainability performance and benchmark against peers, frameworks and targets
Sustainability Education and Training
Equip teams with the knowledge and tools to integrate sustainability into daily operations and decision-making
Supply chain management
Assess and manage sustainability risks and performance across your supplier network
Sustainability Reporting
Prepare transparent, credible reports aligned with leading standards such as GRI, SASB, TCFD and CSRD
Physical Climate Risk Assessment
Analyze facility and asset-level exposure to climate-related hazards using geospatial and climate data
Sustainability Communications Craft messaging that communicates your sustainability story with clarity, authenticity and credibility
Regulatory Reporting
Navigate and comply with mandatory ESG disclosures across jurisdictions and reporting regimes
Mandatory Contractual Reporting
Support ESG reporting requirements tied to customer or investor contracts and procurement processes
Sustainability Insights
Weaver educates its operations and practice leaders on the latest ESG matters through internal industry-focused presentations and client-facing thought leadership content published on the firm’s website, including webinars and articles.
Exploring ESG in Real Estate Podcast
When Climate Change Hacks Your Cybersecurity: The Hidden ISO 27001 Update
SEC Proposes Better ESG Disclosure for Investment Funds
Withdrawal of SEC Climate Disclosure Rule Doesn’t Mean Businesses Can Ignore Risks
Navigating ESG Compliance: Aligning Frameworks with Voluntary and Regulatory Standards
Climate Risks and Opportunities: Weaver’s ESG Commitment
A CEO’s Guide to Embedding ESG in Industrial Manufacturing
The CEO’s Guide to Energy Industry ESG Principles and Best Practices
Weaver’s 2024 ESG Report: Materiality Assessment
ESG in Financial Services: From Enthusiasm to Scrutiny and the Path Forward
The CEO’s Guide to Navigating ESG in Real Estate
Weaver’s Greenhouse Gas Emissions Inventory
Local Law 97: A Wake-Up Call for NYC Property Owners
Success Story: ESG Enhancements Lead the Way to Compliance and Investor Confidence
Understanding, Calculating and Reporting on Greenhouse Gas Emissions
Essential Steps to Establish Effective ESG KPIs: A Guide by Weaver
A Defining Moment: DOE’s Zero Emissions Building Standard Sets a Milestone for Net Zero Climate Ambitions in the U.S. and Beyond
Client Success Story
Public Energy Exploration Company
Weaver was engaged in 2021, 2022 and again in 2023 to provide ESG advisory services for a public national gas exploration and production company. In 2024, our engagement expanded to include a climate risk assessment aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This assessment addressed both physical and transition risks and included a detailed inventory of current-state mitigation and adaptation measures across operations and corporate functions.
This energy firm leverages the SASB and GRI frameworks to structure its ESG reports. Our team conducted a risk assessment and assessed processes to document and evaluate how emissions and safety data is identified, gathered, compiled, reviewed and ultimately reported as part of the company’s reporting processes.
Weaver Provided These Key Benefits
Performed interviews with key staff involved with ESG data gathering and reporting activities to gain an understanding of the current processes and procedures in place
Documented processes to identify, gather, compile, validate, review and report on safety metrics and prepared process documentation with control points identified; includes periodic monitoring of safety data (e.g., quarterly data monitoring, trend analysis)
Evaluated the Scope 2 emissions data being compiled and reported through limited testing of compiled and reported emission numbers based on the source data and available supporting documentation
Evaluated the process to inventory, track, validate and report on Scope 1 and Scope 2 emissions
Assessed the accessibility, retention and file integrity of historical safety data, including maintenance of spreadsheets and other programs containing safety data from prior periods
Reviewed policies and governing documentation in place and compared to the current process and supporting documentation
Identified and inventoried controls gaps, inefficiencies and other process improvement opportunities and provided associated recommendations
Conducted a climate risk assessment identifying key physical and transition risks and documented existing mitigation and adaptation strategies at the asset and enterprise level
Social
Our People. Our Culture.
At Weaver, our people are the foundation of everything we do. We recognize that building a resilient, high-performing firm requires more than technical knowledge and skills — it demands a culture where every individual feels respected, empowered and connected.
Our commitment to fostering a safe, inclusive and engaging workplace is grounded in the belief that people thrive when they are supported and genuinely feel like they belong at Weaver. We understand that the workplace is where professionals spend a significant portion of their time, and we have made deliberate efforts to ensure it is a firm where they can grow and contribute meaningfully to Weaver and our clients.
We have curated a culture of fairness, collaboration and continuous improvement. This commitment is visible in how we invest in our people, respond to their needs and celebrate the diverse perspectives that shape our firm. Our professionals bring passion and excellence to their work every day, and in return, we strive to maintain an environment that acknowledges their contributions and supports personal and professional growth.
Inclusion and Belonging
Our culture of inclusion is demonstrated through employee-led Impact Teams, which focus on education, awareness and community engagement across underrepresented groups
These teams — Cultural Diversity, Empower, Pride, Expand the Reach, VANguard and Family Forward — play a key role in advancing belonging through storytelling, volunteerism and firmwide collaboration. Each team brings forward the lived experiences of our employees, encouraging honest conversations and broadening perspectives across the firm. The Impact Teams originated from the Inspire initiative, which was launched in 2008 to support the professional development of women. Over time, this foundation expanded to include a broader set of voices and communities, ultimately shaping the structure and purpose of the current Impact Teams.
VANguard and Family Forward are the newest Impact Teams launched this year, each reflecting emerging needs within our workforce — VANguard supports veterans and military families, and Family Forward focuses on caregivers and family-related workplace support.
These efforts are not static. As the needs of our employees evolve, so do the focus areas of our Impact Teams. Together, they help reinforce the values of visibility, empathy and respect that unify our teams and strengthen the connections that drive our collective success.
Weaver team members joined Cultivating Greatness scholarship recipients in Dallas.
Key Milestones of Weaver’s Inspire Initiative
Weaver launched the Inspire initiative to support the growth of female employees. This has continually increased over the years. This milestone was achieved and has continually increased over the years.
The scope of the Inspire program evolved from focusing solely on women to a broader DEIB initiative. This shift recognized the importance of embracing a wider spectrum of diversity within the firm.
The Inspire Summit continued, maintaining its focus on the development and empowerment of female employees within the organization.
Another iteration of the Inspire Summit was held, furthering the initiative’s goals of personal and professional development for its female workforce.
Weaver launched the inaugural Inspire Summit, an event focused on personal and professional development for female employees. It marked the beginning of a series of ongoing events designed to empower and inspire women within the organization.
The Inspire Advisory Board was formalized, signifying a strategic move to integrate inclusion into the organization’s culture more deeply. This board played a crucial role in guiding the initiative’s direction and ensuring its integration across the organization.
Another Inspire Summit was held, continuing the tradition of fostering growth and development among female employees.
The Inspire Summit expanded to include all employees, regardless of gender. This marked a significant shift in the initiative, moving from a women-centric approach to a more inclusive model that welcomed participation from all employees.
Another Inspire Summit was held, this time, it was open to all employees, showcasing the initiative’s inclusivity evolution.
Family Forward aims to foster a supportive and inclusive environment for working parents and caregivers by addressing the challenges of balancing family and career.
VANguard recruits, retains, develops and supports veteran and military talent as well as military families at Weaver.
Weaver launched the Inspire Impact Teams. This development represented a further expansion of the initiative to create actionable teams focused on making tangible impacts in the area of diversity and inclusion within the firm.
Empower Impact Team members and STEM students participate in the Young Women’s Preparatory Network’s STEM challenge and mentorship day.
Empower Impact Team
The Empower Impact Team is dedicated to promoting gender equity and advancing the leadership, retention and career growth of women. Programming emphasizes career development and personal well-being while creating space for allyship and shared accountability.
Highlights from the year include:
⊲ Business development workshops led by women leaders to build networking and client engagement skills
⊲ Wellness-focused sessions, such as a presentation to employees on mental health led by Dr. Romie Mushtaq and peer-led discussions on balancing career and family responsibilities
⊲ Golfing clinics designed to increase women’s comfort and participation in informal business development settings
⊲ Recognition of seven female changemakers for International Women’s Day, honoring employees whose leadership drives impact and collaboration
Empower also led the launch of Family Forward, an Impact Team supporting caregivers through expanded benefits, smoother leave transitions and communitybuilding. Externally, Empower collaborated with the Young Women’s Preparatory Network, hosting nearly 100 students for a firmwide STEM challenge and mentorship day, advancing our pipeline of future women leaders.
Complementary to the Family Forward program, Weaver offers Progyny, a fertility benefit that provides access to advanced reproductive services including in vitro fertilization (IVF), intrauterine insemination (IUI) and other fertility treatments.
The Empower Impact Team hosts a golf clinic for women to expose them to career growth opportunities that can stem from playing golf.
Cultural Diversity Impact Team
The Cultural Diversity Impact Team fosters an environment where employees of all backgrounds feel seen and respected. The team promotes multicultural awareness and global perspectives through thoughtful engagement and ongoing education. Firmwide observances of religious, cultural and heritage celebrations — accompanied by educational resources and interactive activities — encourage inclusive participation across all offices.
To broaden awareness and foster community connection, the team also uses a dedicated Microsoft Teams channel where employees can share reflections, personal stories and cultural insights tied to events such as Lunar New Year, Diwali, Ramadan, Black History Month, Good Friday and other cultural events that represent our diverse population.
The team curates firmwide cultural heritage month events, highlighting employee stories and experiences that reflect the rich diversity of our workforce. These opportunities for engagement foster empathy and help deepen mutual understanding across the firm.
Pride Impact Team
The Pride Impact Team fosters a respectful environment where employees can bring their authentic selves to work. The team works to ensure that all employees feel supported and included across the firm. Through awareness campaigns, resource sharing and community-building events, Pride promotes an environment of respect, openness and belonging at Weaver.
Key initiatives include:
⊲ Community partnerships with organizations like Montrose Grace Place and Elevate North Texas, supporting unhoused youth through volunteerism, supply drives and fundraising events
⊲ Firmwide training on inclusive terminology and other inclusion practices to foster awareness and inclusive language across teams
⊲ Employee engagement programs, such as book clubs, discussion forums and an internal summit to support connection and retention
Through these efforts, the Pride Impact Team cultivates spaces where all employees can thrive and allies can contribute to an inclusive workplace culture.
Pride Impact Team members participate in giving back to their community during the holidays.
Members of our Pride Impact Team attend a holiday celebration at the Greater Houston LGBTQ+ Chamber of Commerce.
Several Weaver offices celebrated Diwali, the Hindu Festival of Lights, by sharing stories and giving employees the opportunity to share reflections.
Weaver rings in the Lunar New Year across offices.
Expand the Reach Impact Team
The Expand the Reach Impact Team focuses on building a more diverse pipeline into the accounting profession by engaging underrepresented communities through outreach, education and mentorship.
Since its formation in 2021 with 18 members, the team has seen steady growth and engagement across the firm. By 2024, membership had grown to 85, and so far in 2025, the team has 92 members — reflecting both the relevance of its mission and the enthusiasm of employees who support expanding access and opportunity in the profession.
Highlights include:
⊲ Strategic partnerships with the Association of Latino Professionals For America (ALPFA), National Association of Black Accountants (NABA) and Ascend, with participation at national conferences and direct engagement with university chapters
⊲ High school outreach programs introducing students to career opportunities in the accounting profession through resume workshops, LinkedIn training and career panels and inclusive language across teams
⊲ Cultivating Greatness, a signature program hosted across four cities, provides high school students with immersive career exposure and scholarships. Each year, three students per city receive renewable $2,500 college scholarships and are paired with Weaver mentors.
The team also expanded recruiting outreach to institutions not traditionally targeted by the firm. This includes forming relationships with Historically Black Colleges and Universities (HBCUs), such as Grambling State University, to strengthen the pipeline of diverse talent entering Weaver.
Weaver’s Expand the Reach Impact Team members attend the National Association of Black
Expand the Reach Initiatives and Achievements
Giving back is an essential part of our responsibility as a corporate citizen, and as a successful firm, we have the power and influence to strengthen our communities and inspire progress. We take pride in our philanthropic efforts and the collective dedication of Weaver’s team members to make a meaningful impact.
2021 2023 2025 2022 2024
Launched the Expand the Reach Impact Team with 18 members firmwide
Began providing scholarships to deserving high school students
Hosted Cultivating Greatness events in Dallas and Fort Worth
Expanded the number of scholarships rewarded to nine ($1,000 to each recipient)
Added a Cultivating Greatness event in Houston
Increased Expand the Reach Membership to 85 members firmwide
Advanced our first student from the Cultivating Greatness Program to the Accelerate Program
Increased each scholarship to $2,500 and implemented a renewal option to allow each student to receive up to $10,000 in total scholarships
We’ve expanded to the West Coast — adding the Pasadena office and Azusa School District to the Cultivating Greatness program. This brings our 2025 scholarship count to 12 potentially renewable awards of $2,500 each, giving students the opportunity to receive up to $10,000 in total scholarship support.
The Weaver team presents a scholarship recipient with their check at our Cultivating Greatness event.
Attendees at one of Weaver's Cultivating Greatness events
Attendees at one of Weaver's Cultivating Greatness events Weaver presents checks to scholarship recipients at a Cultivating Greatness event.
VANguard
The VANguard Impact Team supports veterans, active-duty military members and their families. Through partnerships and strategies to strengthen veteran talent recruitment, we’ve laid the groundwork for long-term inclusion, career transition support and professional development tailored to the needs of those who have served.
Highlights include:
⊲ Recruitment outreach through conferences and university -based veterans’ programs
⊲ Community engagement, including Operation Gratitude’s letter-writing campaign and participation in Wreaths Across America
⊲ Recognition initiatives, such as the distribution of veteran lapel pins and firmwide Veterans Day programming
At
Weaver, we honor the experiences of veterans and seek meaningful pathways for them to thrive at Weaver and beyond.
Honoring Flag Day With the VANguard Impact Team
The VANguard Impact Team proudly honored Flag Day with a donation to Cigars for Warriors, a nonprofit organization dedicated to supporting deployed service members by providing premium cigars as a source of comfort, morale and connection.
Our team member, Karina Garcia, shared her powerful story and personal connection to the organization. During her Navy deployment at the height of the COVID-19 pandemic, Karina and her peers were unable to go ashore for months at a time. In the midst of uncertainty and isolation, care packages from Cigars for Warriors brought a much-needed sense of home, camaraderie and normalcy.
Karina’s story inspired our team to support the organization’s mission. In recognition of Flag Day, our VANguard team members came together to assemble care packages and contribute cigars to those currently serving. We’re proud to recognize the experiences of our Weaver people and honor the service of our heroes overseas.
Members of Weaver’s VANguard Impact Team joined forces with the nonprofit, Cigars for Warriors, to create care packages for military service men and women oversees.
Managing Director, Ralph Ferrales, shares his story of why he joined the military and Weaver and how the firm supports his career ambitions.
Ralph Ferrales and his family participate in Wreaths Across America volunteer event.
A Weaver team member participates in the Veteran Recruiting Conference.
Fun Committee
In addition to fostering career growth and inclusion, we recognize the importance of shared experiences and informal connection in building a strong workplace culture. The Fun Committee organizes events that bring people together across offices and departments to strengthen relationships and foster a sense of community.
One of the committee’s signature events is the Weaver Expo — a showcase in the Dallas office that introduces employees to the various service line and operational groups within the firm. Team members set up booths where they share insights with attendees about the services their group provides and answers questions. The event supports learning and internal visibility, helping employees broaden their understanding of the firm and how different departments work together. We encourage employees to stay curious about their career paths. The Weaver Expo is one way we support that mindset, creating space for dialogue around professional development and the opportunities people have to potentially work in different areas of the firm. When employees express interest in new roles or teams, we accommodate and support those transitions on a case-by-case basis.
“The Weaver Expo was hosted within the first few months of starting my full-time employment with Weaver, so timing couldn’t have been better! The event allowed me to connect with colleagues, broaden my understanding of the company and services that we offer, and truly begin to feel integrated into the team. I am happy that Weaver offers events like these that promote learning, networking and professional development in a collaborative environment — encouraging us to take time to slow down and enjoy what is around us in the midst of our busy schedules.”
— Grace McNamara
Weaver celebrated its 10-year anniversary of establishing a presence in Southern California. Clients and friends of the firm came together in Beverly Hills for cocktails, networking and fun.
Partners at Weaver enjoy holiday festivities.
Dallas office employees participate in the Weaver Expo to learn more about the firm’s services and operations groups.
A FAIR DAY OF FUN TEAM BUILDING IN DALLAS
The Dallas office enjoyed a day at the State Fair of Texas — an opportunity to step away from our desks and connect outside of the day-to-day. From cheering on horseback riders to trying our hand at classic fair games, the day was filled with laughter, friendly competition and a shared appreciation for each other’s company. The experience reminded us that building strong teams isn’t just about collaboration in the office. It’s about shared moments that strengthen our culture and reinforce what makes our workplace fun and unique.
Dallas team members enjoyed an afternoon of fun and camaraderie at the State Fair of Texas.
Benefits
We offer a comprehensive suite of benefits designed to support the well-being and financial security of our employees. These include medical, dental, vision, disability, life insurance and a 401(k) plan — all thoughtfully designed to address the holistic needs of our team members.
Health and Safety
Supporting health and well-being across every dimension
We understand that true well-being extends beyond any single benefit — it requires care across multiple dimensions, including physical health, mental wellness, personal safety and financial stability. These dimensions are interrelated, and each plays a vital role in helping employees sustain the clarity, energy and resilience needed to succeed in both work and life. In today’s environment — defined by competing demands and constant change — one of the most impactful things we can do is provide meaningful resources and access to tools that help our people maintain balance and show up each day as their best selves.
Physical Well-being
Our approach to physical well-being is centered on empowering employees to take proactive steps toward a healthier lifestyle. Through our medical provider, Blue Cross Blue Shield (BCBS), employees enrolled in the health plan can access Well onTarget®, a personalized wellness program that rewards healthy behaviors. Members earn points for completing fitness activities and preventive care milestones, which can be redeemed through BCBS’ online shopping mall.
We also invest in companywide initiatives that encourage movement, health awareness and engagement. During our annual Wellness Week, employees participate in activities that promote well-being, including CPR certification
and health education sessions tailored to building healthier habits.
In addition, our annual Get Moving Challenge invites employees to form teams and track their daily steps in a friendly competition designed to promote daily activity. This year, participants collectively logged more than 55 million steps, demonstrating the power of shared motivation and our collective commitment to well-being.
In 2025, we introduced several updates to our benefits and time-off offerings to better align with how our employees live and work.
Paid Sick and Safe Time (PSST)
All full-time, part-time and temporary employees are now eligible for PSST, which provides paid time off to address health needs or safety-related matters.
Paid Self and Family Care Leave
This new benefit allows employees to take paid time off to care for themselves or a family member during a serious health event or recovery period.
Parental Leave
This is now extended to provide up to six weeks of paid leave, offering additional time for bonding and caregiving.
Paid Holidays
Employees will now enjoy 13 paid holidays throughout the year, supporting rest and time with loved ones.
Recharge Week
One designated recharge week remains in place to promote intentional time away from the office. Our disconnect week is now categorized under scheduled time off (STO) to encourage employees to purposefully rest and use STO.
Flexible Use of STO
Employees are encouraged to use STO for personal milestones such as marriage, professional development or other events meaningful to them.
Mental Well-Being
Mental health is often overlooked — largely because it isn’t always visible. In our profession, where precision, deadlines and high expectations define the work, emotional well-being can quietly move to the margins. We’re mindful of that, and we make a deliberate effort to keep it part of the conversation.
These sessions, along with resources focused on emotional resilience and connection, serve as reminders that mental health is an essential part of our overall wellness and something we actively support.
Financial Well-Being
We reinforce this commitment during our annual Wellness Week, which includes programming designed to support multiple aspects of well-being while placing a strong emphasis on mental health and stress management. This past year’s schedule featured virtual yoga and cooking classes, offering practical ways for employees to decompress and take care of themselves.
Burnout is real, but it’s not a badge of honor — and it’s not how we choose to operate. We believe that when our people take care of their mental health, they’re better positioned to show up as the best version of themselves, both at work and beyond.
To support this, we provide confidential access to external resources through Wellhub, giving employees the flexibility to seek the type of support that’s right for them. We also acknowledge the sustained effort that peak season requires. That’s why we offer a recharge day as a dedicated time to rest, reset and focus on the parts of life that matter most outside of work.
Financial well-being is deeply personal. It’s about more than managing money — it’s about having the security to care for yourself and your family, make informed decisions and plan for the future with confidence. At Weaver, we take that responsibility seriously. Our 401(k) plan through Fidelity includes access to a broad set of financial literacy tools to support informed decision-making at every stage of life. In addition, employees have access to certified financial counselors through
Guidance Resources, our employee assistance program. These professionals — CPAs and financial planners — offer guidance on debt management, credit, loans, tax strategies, retirement and estate planning and college savings. Guidance Resources also provides legal support on issues ranging from divorce and family law to bankruptcy, landlord-tenant disputes, real estate transactions, civil and criminal matters and contract review. Employees can also receive a free 30-minute consultation with a qualified attorney. These resources support our goal of giving employees access to practical tools that reflect the realities of life — just as we do for our clients navigating complex business decisions.
Forensics and Litigation Services Senior Manager Anthony Pabillano talks about how Weaver contributes to his well-being by providing him with the time and space to pursue his artistic talents.
Workplace Safety
This year, we formalized our emergency response and disaster recovery plan — a proactive resource that strengthens our ability to respond to critical events while reinforcing the measures already in place to keep employees safe. The plan outlines coordinated procedures for a range of emergencies, including weather-related events, medical situations, workplace violence and active shooter incidents.
It is intentionally designed as a toolkit — equipping our teams with clear guidance, designated safety officers to support evacuation and response efforts and a communication system to deliver timely alerts across channels. Through AlertMedia, we can notify employees via email, voice and text messages, helping ensure information is delivered quickly and reliably during a crisis.
As part of the formalization process, we conducted a full inventory of emergency equipment, including fire alarm systems and initiated audits focused on physical accessibility, such as ramps and clear paths of egress. This safety check gives us greater confidence that all employees can navigate to safety with the support they need, should an emergency occur.
We approach workplace safety with the mindset of a resilient organization — one that plans ahead, adapts to evolving risks and stays ready to respond. We will continue to assess emerging threats and build the necessary guardrails to protect our people and maintain a safe, responsive workplace environment.
Learning and Development
Also central to the employee experience — and foundational to how we think about retention, succession planning and the long-term strength of the firm — is the way we approach education, coaching and professional development. Our people offer deep insight to clients across industries, and that credibility is earned through ongoing investment in skills, perspective and leadership.
We place a high value on continuous learning, not as a formality, but as a way to support ambition, deepen understanding and create lasting opportunities for growth. We invest in learning because it directly supports the ambitions of our people and the expectations of the market. As the profession continues to evolve, we want our employees equipped to navigate emerging issues, client demands and business opportunities with confidence. We want them to be well-rounded, grounded in professional standards but equally attuned to what’s ahead. That begins with WeaverLAUNCH, our onboarding program for interns and
associates who are new to the profession, designed to provide the technical foundation they need to perform on the job. WeaverLIFT focuses on newly promoted leaders, helping them shift their mindset and build the skills needed to lead others. WeaverLEAD is our internal leadership coaching program, structured to grow our next generation of leaders by investing in those who are already guiding the way. Each of these programs reflects our belief that professional development is not a one-time event, but a long-term investment. Led by our Chief Talent Officer, Linc Ashby, these efforts reflect a deliberate commitment to preparing our workforce for what’s next.
We hosted our WeaverLAUNCH orientation for 80+ new hires who are starting their careers with us. WeaverLAUNCH is our welcome program, held three times a year, where new hires from all offices come together for a week of camaraderie, activities and training.
Watch as Linc Ashby, Chief Talent Officer, and John Mackel, CEO and Managing Partner, talk about our WeaverLEAD coaching program and the impact it has had on leaders and our culture.
Weaver’s CEO and Managing Partner, John Mackel, speaks to this year’s WeaverLAUNCH attendees.
Participants take advantage of a photo op at WeaverLAUNCH.
In addition to our in-house programs, employees have access to a range of on-demand learning resources designed to support continued growth on their own time. Through our learning management system (LMS), LCvista, we curate internal courses, technical resources, external content from trusted vendors and firm-specific trainings. New this year, we’ve added LumiQ, a third-party platform that offers engaging videos and podcasts
eligible for CPE credit. These tools give employees the flexibility to pursue learning in ways that align with their schedules and interests, while staying current on the topics that matter most to their roles.
What began as WeaverLEAD, our internal leadership coaching program, has grown into Executive and Leadership Coaching Services (XLCS), now available to support external clients. Led by Roshmi Dalal, an experienced executive
coach and former CPA, XLCS offers personalized coaching across executive and team development, succession planning, well-being and emotional intelligence. Developed with our Chief Talent Officer, Linc Ashby, XLCS represents the depth of our internal investment in talent and our readiness to bring that value to organizations beyond the firm.
The current expansion of our learning and development platform reflects a natural progression — moving from a successful internal program to a client-facing offering.
302 Hours Training Hours Per Team Member Hours
Director of Executive and Leadership Coaching Services Roshmi Dalal and Chief Talent Officer, Linc Ashby record a leadership podcast in Dallas.
International Expansion
This commitment to developing people and shaping meaningful employee experiences has also extended across borders, supporting the firm’s recent expansion into India.
We brought the spirit of Weaver with us — our emphasis on inclusion, collaboration and purposeful work — while remaining mindful of local customs, communication styles and workplace norms. From day one, we approached onboarding with care and intentionality, ensuring that every new team member felt welcomed, supported and part of something bigger. To demonstrate how deeply we value this integration, key members of our leadership team traveled to India to take part in the launch of our offices. David Rook, our Chief Operating Officer, spent two months visiting all four locations, reinforcing our commitment to a seamless and consistent employee experience — one that honors both the distinctiveness of each region and the shared values that define our firm.
Secondment Program
As our presence in India continues to grow, so does the opportunity for deeper connection between teams.
One of the most impactful ways we’ve fostered that connection is through our international secondment program. A secondment program provides employees with the opportunity to temporarily work in a different office or region, encouraging cultural exchange, knowledge transfer and stronger global collaboration. It’s a way to build shared understanding across geographies while deepening technical insight and broadening professional experience. Weaver formalized its Secondment Policy in 2024, reinforcing our commitment to creating dynamic career pathways and cross-border learning opportunities.
Currently, five employees from Pitcher Partners in Australia and Weaver India are participating in the program, working directly with U.S.-based teams. These secondees bring valuable perspectives, focused knowledge and a spirit of partnership that enriches both the client experience and our internal culture.
As we established our presence in India, our focus was on more than operational setup — it was about building meaningful connection and creating a shared sense of culture from the start.
Weaver India and U.S. team members participate in the Chennai office grand opening.
In January 2025, Weaver opened all four of its new offices in India, including Chennai, for which we created this video commemorating the grand opening.
Community Engagement
We are dedicated to supporting organizations by organizing themed, firmwide initiatives, which create a consistent service culture across all of our Weaver locations. Our initiatives focus on partnering with organizations dedicated to serving children in need, finding cures, solving hunger and supporting the environment.
19 Offices
Operation Backpack Walks for the Cure Feeding the Hungry For the Earth Initiative FY25 Community Engagement Involvement
⊲ 750 children nationwide received new backpacks and school supplies from our office volunteers, partnering with Volunteers of America and local Title 1 schools.
⊲ $23,000 total donated toward supplies
⊲ In addition to a $1,000 donation made to each of the below local organizations, our champions also organized food drives and volunteered at local food banks.
⊲ Central Texas Food Bank, North Texas Foodbank, Tarrant Area Food Bank, Kids Meal, Inc., Second Harvest Food Bank-Feeding South Louisiana, Union Station Homeless Services/Dinner in the Park, Breaking Bread Kitchen, Food Bank for New York City Food for Survival, Regional Foodbank of Oklahoma, Los Angeles Regional Foodbank, San Antonio Food Bank, Jacobs & Cushman San Diego Food Bank, Montgomery County Food Bank, Nourishing Bethesda and Second Harvest Food Bank of Central Florida
⊲ $19,000 total donated toward the above organizations
⊲ Participating offices firmwide selected a local environmental organization to receive a $1,000 donation from the Weaver Private Foundation, including Mobile Loaves and Fishes, Dallas Arboretum and Botanical Gardens, Proud Louisiana LLC, GrowGood, Trail Blazers, Phil Hardberger Park Conservancy, The San Diego River Park, Henry’s Home Horse and Human Sanctuary and the Arbor Day Foundation.
⊲ Local office champions also led events like clean-ups, beautification projects and office plant potting, while the firm celebrated Earth Day with reusable drinkware gifts for Employee Appreciation Day and the elimination of Styrofoam™ firmwide.
⊲ Organizations and events included CDH International, We Are Blood, This Is My Brave, West Texas Gifts of Hope, St. Jude Children’s Research Hospital, American Heart Association and its Heart Walk, The ALS Association and its Walk to Defeat ALS, Lupus Foundation of America and its Walk to End Lupus Now, American Cancer Society and its Making Strides walk, Leukemia & Lymphoma Society and its Light the Night walk, and Head for the Cure Foundation and its Inaugural Head for the Cure 5K.
⊲ Some offices coordinated walks on their own to support these organizations, in alignment with the Weaver walking challenge.
⊲ $19,000 donated to the above organizations
Volunteered by 341 employees supporting 55 organizations
148 Champions 1,395 Hours $75,000 $13,000 $145,000 Participated Signed up firmwide and matched by the private foundation, by 107 employees towards 178 organizations that our employees are involved in.
To NAMI (National Alliance on Mental Illness) Personally donated Donated to 46 not-for-profit organizations
Oklahoma Operation Backpack Dallas Hunger Busters Dallas Arboretum Little Falls Walk for the Cure
Pay Equity
At Weaver, we believe pay equity isn’t just a goal — it’s a baseline. We’re transparent about compensation because we’re committed to doing the right thing as a core part of how we operate.
For many years, our pay equity has remained close to 100% across all levels — from associate to partner. We continue to monitor, refine and uphold these standards to ensure Weaver remains a fair and equitable workplace for everyone.
Remuneration Ratio of Women to Men
Ratio of Average Starting Wage to U.S. Minimum Wage
The ratio of average starting wages to the U.S. minimum wage at Weaver typically ranges from five to 14 times for both men and women. These numbers align with industry norms in professional services, where roles demand advanced degrees, specific skills and high levels of experience. In this field, it’s standard for employees to earn well above the minimum wage — reflecting the complexity and value of the work being done.
People by the Numbers
The following charts highlight Weaver’s dedication to maintaining equitable and competitive remuneration, recruiting and retention practices throughout the firm.
Governance
For more than 75 years, Weaver has earned the confidence of clients by holding firm to ethical standards and delivering with integrity — regardless of how the world around us changes. Today’s environment brings new pressures and shifting expectations, but our foundation remains the same. We are guided by a deep commitment to our clients and our people, and that means fairness transparency and accountability are embedded in every part of our business.
Our governance practices aren’t just policies — they’re a reflection of who we are. Not only do these guardrails fail-safe our business, but they also give us the structure and clarity to identify opportunities, innovate with intention and develop creative solutions that meet the moment.
This year, we introduced two new policies — our Environmental Policy and our Human Rights Policy — adding greater depth to our broader governance standards. These additions evolve our sustainability efforts, strengthen accountability and ensure we’re addressing both environmental impacts and our responsibilities to people in ways that hadn’t been formally captured before. They reflect our ongoing commitment to responsible business and to leading with integrity in every aspect of our work.
Ethics Data Privacy and Cybersecurity
At Weaver, our System of Quality Management (SOQM) policies and procedures form the foundation for establishing standards in all accounting, audit and attest engagements.
These policies reflect our responsibility to meet the professional and ethical requirements of both the AICPA and the Public Company Accounting Oversight Board (PCAOB). They are reviewed periodically by an independent National Peer Review Committee, and no material updates were required this year. We are committed to maintaining a strong ethical culture. Employees are encouraged to report any concerns or violations of these standards confidentially through our EthicsPoint hotline. This same process applies to our Employee Code of Conduct. We promote a workplace environment, where speaking up is supported and concerns are addressed through appropriate channels.
Cybersecurity remains one of the most critical aspects of our governance practices, given the nature of the work we perform and the sensitive data entrusted to us by clients.
Over the past several years, we’ve invested in strengthening our cybersecurity posture — elevating both our technical safeguards and employee readiness. We introduced new sessions as part of our career orientation event, WeaverLAUNCH, dedicated to providing a deeper understanding of our IT Acceptable Use Policy. This new hire training is supplemented throughout the year by quarterly security awareness course assignments and both impact and improve our overall security posture. We also obtained ISO 27001 certification, an international security management system (ISMS), in November 2024, signaling to our clients that our data protection protocols meet internationally recognized standards. This milestone supports the discipline we’ve built into
our internal controls and reflects the seriousness with which we treat client confidentiality. Cybersecurity is not treated as a standalone IT issue. It’s integrated into the way we deliver services, engage with clients and manage risk. Our commitment in this area is directly tied to our reputation — preserving the integrity of our systems is not just about operational continuity; it’s essential to the loyalty we’ve earned and intend to keep.
Weaver had NO CYBER INCIDENTS in 2025.
Innovation
As AI becomes increasingly embedded across professional services and adjacent industries, we’ve taken deliberate steps to stay ahead of the curve while maintaining control over our data.
To support this, we developed an internal AI chat model tailored for employee use — ensuring that proprietary and client information remains secure and off the public web. This year, we expanded the model’s capabilities, introducing use case-specific AI research platforms that leverage curated data sets to deliver more targeted, reliable outputs. We continue to evaluate new features that enhance functionality while maintaining the high standards our clients expect.
In parallel, we rolled out Microsoft 365 CoPilot across the organization to further optimize workstreams and enhance collaboration. These tools complement one another — streamlining workflows, improving knowledge sharing and driving greater efficiency across our teams. Continued investment in AI and other productivity-enhancing technologies is not only an operational decision but also a strategic commitment to staying relevant and competitive in a fast-moving market. Our ability to adopt and integrate these technologies responsibly and securely strengthens our service delivery and reinforces the confidence our clients place in us.
Technology Success Story
Public Texas-Based Utility Company | Revenue Exceeding $1 Billion
Problem to Solve
A major public utility organization managing water and energy resources across Central Texas faced significant operational and strategic challenges in maintaining modern standards for data-driven decision making and organizational resilience. The organization required a comprehensive transformation to modernize its operations, strengthen data governance and enhance security protocols across multiple operational domains. Key challenges included the need for technological modernization through AI and automation, gaps in succession planning for executive positions, inadequate data privacy protection measures and outdated document management practices at operational locations. Additionally, the company needed to strengthen its business continuity framework and cybersecurity posture while optimizing technology asset lifecycle management.
What We Did
We conducted a comprehensive strategic assessment and transformation initiative through close collaboration with their executive leadership. Our approach began with a detailed evaluation of organizational objectives and current-state operations, identifying critical gaps across multiple operational domains. We developed and executed technology enablement initiatives incorporating robotic process automation (RPA) and AI solutions, while simultaneously assessing and enhancing succession planning processes for executive positions. Our team conducted thorough evaluations of data privacy measures and system change management procedures, implementing enhanced protocols to minimize operational disruptions. We performed detailed assessments of physical document management practices and classification systems at operational locations, particularly focusing on transmission documents and security
protocols. The engagement included implementing continuous auditing programs for high-risk transactions, developing centralized business continuity documentation and conducting comprehensive cybersecurity vulnerability assessments.
Outcome and Achievements
Our engagement delivered transformative improvements across the company’s operational landscape. We successfully established a comprehensive roadmap toward becoming a data-driven organization, complete with implemented automation solutions that demonstrated immediate operational efficiencies. The enhancement of succession planning processes created a robust framework for leadership continuity, while improved data privacy protection measures and change management procedures significantly reduced operational vulnerabilities. Security measures for sensitive positions were substantially strengthened through refined hiring practices and classification protocols, directly addressing identified risks. The implementation of continuous auditing programs and inventory control best practices established proactive risk management capabilities, while the new business continuity framework enhanced organizational resilience. Our technology asset lifecycle management recommendations optimized resource utilization while ensuring data security. These comprehensive improvements positioned the company to better serve its stakeholders while maintaining operational excellence and adaptability to future challenges, particularly in areas of technological advancement and security requirements.
Reporting Frameworks
Performance Data Tables
and Vision - Disability - 401(k) Plan
- Paid Sick and Safe Time (PSST)
- Paid Self and Family Care Leave
- Maternity and Paternity Leave
- Paid Holidays
- Life Insurance
- Recharge Week
- Flexible Use of Scheduled Time Off (STO)
- Paid Marriage, Bereavement and Jury Duty Leave
Governance
Completion of Training
on Firm Policies by percentage
List of Policies
Human Resource Policies
- Bereavement Leave Policy
- Violence Prevention Policy
- Voting Leave Policy
- Workplace Violence Prevention Policy
- Complaint Procedure Policy
- Conflict of Interest and Employment
Outside the Firm Policy
- Contagious Disease Policy
- Corrective Action Policy
- Discrimination Policy
- Drug and Alcohol Policy
- Employee Conduct and Discipline Policy
- Employee Performance Policy
- Employee Transfer and Promotion Policy
- Employee of Relatives Policy
- Equal Opportunity Policy
- Family and Medical Leave Policy
- Firm Reputation and Ethics Policy
- Harassment Policy
- Marriage Leave Policy
- NonFMLA Family and Medical Leave Policy
- Paid Parental Leave Policy
- Personal Medical Leave Policy
- Paid Time Off, Sick and Safe Leave and Holiday Policy
- Pregnancy and Maternity Leave Policy
- Professional Conduct Policy
- Reasonable Accommodation Policy
- Safe Workplace Policy
- Sexual Harassment Policy
- Social Media Usage Policy
- Transgender Policy
Policies
- Generative AI Guidelines
- Information Security Policy
- IT Practice Overview for the Firm, Clients and Prospects
Sustainability Policies
- Human Rights Policy
- Environmental Policy
Data Privacy
Weaver’s data privacy framework ensures the ethical and lawful handling of personal data collection, processing and sharing covering clients, employees and third parties, aligned with General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA) and professional ethics by embedding privacy-by-design in client engagements and internal processes; delivering regular privacy training and independent third-party audits, which have yielded zero substantiated privacy complaints in FY 2025; and maintaining anonymous grievance channels via EthicsPoint to uphold accountability and confidence.
Cybersecurity
Weaver’s cybersecurity framework protects digital assets, prevents cyber threats and ensures data security with a structured Emergency Response and Disaster Recovery Plan covering physical and cyber incidents, annual security assessments and continuous auditing of high-risk controls, ongoing investment in endpoint protection, network monitoring and employee phishing simulations. No cybersecurity incidents impacting operations in FY 2025 were reported.
Data Protection
Weaver’s data protection framework combines robust policies, processes and technical controls to safeguard the confidentiality, integrity and availability of all personal and corporate data in full compliance with applicable regulations. In November 2024, we achieved ISO 27001 certification augmented by SOC controls and privacy-enhancing technologies and enforced a mandatory IT Acceptable Use Policy with security-awareness training at onboarding and quarterly refreshers. Our Microsoft 365 Copilot rollout and internally managed AI research platforms further strengthen secure, cutting-edge capabilities, and we’re proud to report zero material data breaches or losses in FY 2025.
Business Ethics
Weaver’s IT innovation agenda centers on the adoption and internal deployment of emerging technologies including our proprietary, secure AI-powered chat model, Microsoft 365 Copilot and advanced data automation to enhance efficiency, accuracy and client value across audit, tax, advisory and consulting-assurance engagements. To date, we have developed and rolled out an in-house AI chat model that keeps client data off public platforms and supports targeted research use cases, completed a firm-wide deployment of Microsoft 365 Copilot to streamline workflows, improve knowledge sharing and boost productivity and established a continuous evaluation process for new AI and automation features, such as our double materiality assessment application, to ensure secure integration and unlock future service offerings.
Client Satisfaction
Weaver’s commitment to client satisfaction is driven by a systematic process that captures and analyzes firm-wide Net Promoter Score (NPS) feedback across audit, tax, advisory and consulting-assurance engagements. With our survey process and reporting structure fully in place (and the updated NPS graphic forthcoming), we continuously refine service quality Client comments remain uniformly positive, highlighting Weaver’s responsiveness, high caliber of work, adaptability to changing requirements and consistent on-time, on-budget delivery over multiyear engagements.
Learning and Development
Weaver’s structured, ongoing professional education in accounting standards, tax law, audit methodologies, ESG assurance and digital tools underpins our staff’s experience and competitive edge. In FY 2024, we delivered nearly 34,000 hours of training, approximately 32 hours per team member, including WeaverLAUNCH’s three annual cohort onboarding programs for over 80 interns and associates covering technical skills, professional presence and networking. WeaverLIFT’s leadership development for newly promoted managers focused on coaching mindsets, presentation skills and critical thinking. WeaverLEAD’s International Coaching Federation certified internal coaching with 18 coaches supporting 225 coachees in ethical practice, emotional intelligence and feedback. We also offered on-demand learning through our LCvista LMS and the new LumiQ platform offering CPE-eligible videos and podcasts.
Pages 73-74
Pages 73-74
Pages 73-74
Pages 68-69, 73
Pages 20-21, 27, 42
Pages 36, 57-64
Material Topics/Sustainability Statement
Talent Management
Weaver invests broadly in talent development, employee engagement and diversity and inclusion to build a motivated, diverse and innovative workforce that drives productivity and strengthens our brand. In FY 2025, Weaver welcomed 417 new hires (49% women; 54% racial/ethnic minorities). Our 1,600 member team benefited from six firmwide, employee-led Impact Teams: Cultural Diversity, Empower, Pride, Expand the Reach, VANguard and Family Forward, all of which champion inclusion and engagement. Expand the Reach Membership grew from 18 in 2021 to 92 in 2025, sponsoring scholarships, high school outreach and partnerships with ALPFA, NABA, ASCEND and HBCUs. We achieved voluntary turnover of 281 employees, supported by tailored benefits, clear career pathways and a four-day in-office week to enhance work/life balance.
IT Innovation
Weaver’s IT Innovation agenda centers on the adoption and internal deployment of emerging technologies including our proprietary, secure AI-powered chat model, Microsoft 365 Copilot and advanced data automation to enhance efficiency, accuracy and client value across audit, tax, advisory and consulting-assurance engagements. To date, we have developed and rolled out an in-house AI chat model that keeps client data off public platforms and supports targeted research use cases; completed a firm-wide deployment of Microsoft 365 Copilot to streamline workflows, improve knowledge sharing and boost productivity; and established a continuous evaluation process for new AI and automation features, such as our double materiality assessment application, to ensure secure integration and unlock future service offerings.
Conflicts of Interest
Weaver’s conflict of interest framework comprises robust policies and controls to identify, disclose and manage any personal or financial interests that could compromise objectivity in our audit, tax, advisory and consulting-assurance engagements. Under our System of Quality Management (SOQM) and Firm Reputation and Ethics Policy, codified in the Conflict of Interest and Employment Outside the Firm Policy within our Human Resources policies, employees are required to report potential conflicts via a confidential, third-party EthicsPoint hotline. This well-established governance and remediation process has operated flawlessly, with no material COI breaches reported in FY 2025.
Regulatory Risk Management
Weaver has not received any material monetary penalties or nonmonetary sanctions that would restrict the firm’s ability to conduct operations.
Pages 27, 43-55, 64
Climate Risk
Physical Risks
% of Assets in High-Risk Climate Zones by Hazard
FY24 FY25
Notable Weather Events
- California Wildfires - Texas Hurricanes - Texas Guadalupe River Flooding
Pages 74-76
Pages 74-76
Pages 8, 74
Transition Risks
Policy and Legal
- California Climate Laws (SB 253 and SB 261)
- EU Corporate Sustainability Reporting Directive (CSRD)
- EU Carbon Border Adjustment Mechanism (CBAM)
- NY Local Law 97
Market
- Transition to low-carbon-economy and emerging advisory lines
Reputation
- Increased scrutiny from employees and clients regarding sustainability matters
Technology
- Responsible AI in Weaver’s workflow
- Data privacy regulations
- Cybersecurity threats
Resilience
Infrastructure in Place
- Emergency Response and Disaster Recovery Plan
- Leasing buildings with green certifications, including energy efficient systems
- Emergency kits and first aid supplies
- AED machines
- Online emergency training, including medical and active shooter
- AlertMedia emergency notification system
- Inclement Weather Policy
- Flexible work arrangements when applicable
- IT Security Incident Response Plan
Scenario Analysis FY24
Scenario Coverage
Global Reporting Initiative (GRI) Index
Indicator Description
Weaver and Tidwell, L.L.P., is a privately held firm with our headquarters located at 4400 Post Oak Parkway, Suite 1100, Houston, Texas 77027. During FY 2025, we operated in the U.S. and India. Weaver and Tidwell India LLP is a subsidiary of Weaver and Tidwell, L.L.P. (U.S.) Weaver and Tidwell India LLP only provides services through Weaver and Tidwell, L.L.P. (U.S.)
Weaver’s 2025 Corporate Responsibility Report is based on the operations of Weaver consolidated, which is consistent with our financial reporting.
The 2025 Corporate Responsibility Report is based on activities for fiscal year 2025 unless otherwise stated and will be published October31, 2025. Weaver plans to report annually, and the next publication date will be September 30, 2026. Weaver’s point of contact for questions or inquiries related to the 2025 Corporate Responsibility Report is Sustainability@weaver.com.
Weaver and Tidwell, L.L.P., operates in the accounting and consulting services sector, specifically accounting and consulting. Information regarding our activities, value chain and other business relationships can be found in “Weaver Business Overview” section beginning on page 7.
See People Data Tables on pages 59-60.
The Executive Committee, along with the firm’s Chief Operating Officer and Chief Risk Officer, are responsible for managing the firm’s overall business affairs. Their key responsibilities include setting priorities, evaluating risks and monitoring progress toward objectives.
The firm operates under an industry-focused model, stewarded by three National Practice Leaders. These leaders concentrate on fostering culture and talent, enhancing financial performance and achieving market leadership. Weaver’s Director of Real Estate Advisory and Sustainability Services leads its internal organizational sustainability goals and client services. That director reports to the National Strategy Leader and is accountable to the COO for ESG matters.
Information on governance structure and composition can be found in “Sustainability Management” section beginning on page 26.
The Chief Executive Officer, John Mackel, is the highest officer (Chairman) of the governing body of the firm (the Executive Committee).
Weaver’s Chief Operating Officer, David Rook, provides the highest level of oversight and strategic guidance for the firm’s ESG-related policies, practices and initiatives. Reporting to the National Strategy Leader, the Director of Real Estate Advisory and Sustainability Services is also accountable to the COO for ESG matters.
Information on governance and overseeing the management of impacts refer to the “Sustainability Management” section beginning on page 26.
Indicator Description
Response
The Director of Real Estate Advisory and Sustainability Services ensures compatibility between the firm’s ESG-related goals and capabilities and those offered as services to clients. This alignment enhances consistency and credibility in our sustainability commitments, enabling us to leverage our knowledge and experience effectively and maximize the impact of our ESG initiatives. Weaver’s National Strategy Leader provides strategic direction for the ESG programs and elevates climate-related issues and initiatives to the COO for final approval. This ensures that ESG considerations are integrated into the firm’s overarching business objectives. A cross-functional Corporate Responsibility Committee further supports integration by bringing diverse perspectives from across the business. The committee meets every quarter.
David Rook, Chief Operating Officer: Ensures ESG initiatives align with business objectives
Alyssa Martin, National Strategy Leader: Represents the voice of clients and ensures ESG initiatives align with client expectations
Laura Roman, Partner-in-Charge, National Tax Office and Chair of the Weaver and Tidwell Private Foundation: Manages the firm’s community engagement, philanthropic and social impact initiatives
Frank McElroy, General Counsel and Chief Risk Officer: Advises on legal implications of ESG efforts including reporting disclosures and assists the ESG steering committee with assessing identified ESG-related risks
Demetrice Branch, Chief People Officer: Provides insights on employee-related matters such as diversity, equity and inclusion as well as employee engagement
Dana Burris, Director of Operations: Collaborates with landlords and vendors to gather data from our operations and related sustainability practices within our leased portfolio, encompassing utilities, travel and smart design features
Ashly Pleasant, Director of Sustainability: Provides guidance on ESG best practices, benchmarks and industry trends
The Chief Operating Officer provides the highest level of oversight and strategic guidance for the firm’s ESG-related policies, practices and initiatives. Reporting to the National Strategy Leader, the Director of Real Estate Advisory and Sustainability Services is also accountable to the COO for ESG matters.
Additionally, a select group of operations and practice leaders were appointed to provide information and collect data for the Corporate Responsibility Report.
Upholding the highest standards of ethical business conduct is required of every staff member, as outlined in our Firm Reputation and Ethics Policy and the SOQM document that governs our engagement management and quality assurance.
We strive for our employees to feel safe and empowered to raise concerns. To ensure confidentiality, we provide a hotline hosted by a third-party provider, EthicsPoint. This allows employees to submit reports anonymously, maintaining their privacy while enabling them to report any violations mentioned in our Employee Code of Conduct.
Indicator Description
Response
Weaver educates its operations and practice leaders on the latest ESG matters through internal presentations and client-facing thought leadership content published on the firm’s website, including webinars and articles.
From the “Letter from the CEO,” page 5: Sustainability remains a central part of our business strategy. This year, we made meaningful progress across several environmental initiatives — from eliminating Styrofoam™ cups and reducing single-use plastics to enhancing our tracking of Scope 3 emissions in recognition of rising climate-related risks. We’ve also prioritized scenario planning and resilience.
Human Resource Policies
- Bereavement Leave Policy
- Violence Prevention Policy
- Voting Leave Policy
- Workplace Violence Prevention Policy
- Complaint Procedure Policy
- Conflict of Interest and Employment
Outside the Firm Policy
- Contagious Disease Policy
- Corrective Action Policy
- Discrimination Policy
- Drug and Alcohol Policy
- Employee Conduct and Discipline Policy
- Employee Performance Policy
- Employee Transfer and Promotion Policy
- Employee of Relatives Policy
- Equal Opportunity Policy
- Family and Medical Leave Policy
- Firm Reputation and Ethics Policy
- Harassment Policy
- Marriage Leave Policy
- Non-FMLA Family and Medical Leave Policy
- Paid Parental Leave Policy
- Personal Medical Leave Policy
- Paid Time Off, Sick and Safe Leave and Holiday Policy
- Pregnancy and Maternity Leave Policy
- Professional Conduct Policy
- Reasonable Accommodation Policy
- Safe Workplace Policy
- Sexual Harassment Policy
- Social Media Usage Policy
- Transgender Policy
IT Policies
- Generative AI Guidelines
- Information Security Policy
- IT Practice Overview for the Firm, Clients and Prospects
Sustainability Policies
- Human Rights Policy
- Environmental Policy
Upholding the highest standards of ethical business conduct is not only expected but required of every staff member, as outlined in our Firm Reputation and Ethics Policy and the SOQM document that governs our engagement management and quality assurance.
We reinforce our commitment to quality, ethical behavior and accountability through our SOQM policies and procedures that implement the applicable standards for the conduct of accounting, auditing and other attest engagements. The adequacy of the firm’s SOQM is independently evaluated periodically through a peer review conducted by the AICPA National Peer Review Committee and assessed for compliance with laws, rules and professional standards applicable to the audits of public companies by the PCAOB. The resultant peer review and PCAOB reports are publicly available.
Indicator Description
Response
We want our employees to feel safe and empowered to raise concerns. To ensure confidentiality, we provide a hotline hosted by a third-party provider, EthicsPoint. This allows employees to submit reports anonymously, maintaining their privacy while enabling them to report any violations mentioned in our Employee Code of Conduct.
Weaver has not received any material monetary penalties or any nonmonetary sanctions that would restrict the firm’s ability to conduct operations.
Our professionals are actively involved in various esteemed organizations, primarily the AICPA as well as numerous state-level CPA societies across the U.S. In our dedication to serving international clients, Weaver is proud to be a part of two worldwide networks of firms: Allinial Global and TIAG. These networks provide us with a valuable resource to tap into for knowledgeable, local support in countries across the globe.
See the “Approach to Material Topics” (page 19) and “Stakeholder Engagement” (page 25) sections of this report.
None of Weaver’s employees or partners are represented by collective bargaining organizations or agreements.
Based on the results of the double materiality assessment survey, the highest-ranked topics were prioritized to determine the focus for the 2025 Corporate Responsibility Report. Material topics were validated through an impact, risk and opportunity (IRO) assessment, ensuring that disclosures are backed by strategic relevance and evidence-based insights.
For more information the materiality determination process refer to “Material Topics” section beginning on page 19.
Based on the results of the double materiality assessment survey, the highest-ranked topics were prioritized to determine the focus for the 2025 Corporate Responsibility Report. Material topics were validated through an IRO assessment, ensuring that disclosures are backed by strategic relevance and evidence-based insights. The following topics were determined to be material: data privacy, cybersecurity, data protection, business ethics, client satisfaction, learning and development, talent management, IT innovation, regulatory risk management and conflicts of interest.
Oversight and advancement of the firm’s sustainability strategy is managed through our Corporate Responsibility Committee, a cross-functional team composed of leaders from across departments. The committee plays a central role in evaluating initiatives, shaping policy and identifying opportunities to move the strategy forward. As part of this responsibility, the committee ensures that the firm’s material topics remain at the center of decision-making. These topics serve as the North Star for our sustainability strategy, guiding how we prioritize efforts, develop initiatives and assess impact.
See the “Weaver at a Glance” and “Community” sections of this report on pages 11, 57.
the TCFD Index on page 84.
Indicator Description
Response
The ratio of average entry-level salaries compared to the U.S. minimum wage for FY 2025 is approximately five times the minimum wage.
Through the Weaver and Tidwell Private Foundation, we offer financial assistance and resources to not-for-profit organizations, community initiatives and educational programs. In FY 2025, our philanthropic efforts included an investment of approximately $260,000 toward causes in areas such as education, health care, environmental sustainability, social justice and more. Since inception, the foundation has made charitable contributions totaling more than $1.5 million to organizations in our communities.
To ensure that we live up to our ethical commitments, we subject ourselves to regular peer reviews conducted by reputable firms. These reviews help us ensure that we operate according to professional standards, giving our clients and partners confidence in our ethical practices. We are proud to report that we have had no reported negative incidents in our peer review history.
All policies are distributed for review and acknowledgment to new employees as part of the onboarding process and also made available on our intranet site for future reference.
Weaver pays taxes in accordance with applicable federal, state and local laws. The firm’s federal, state and local tax returns are reviewed by designated parties with the requisite technical knowledge and experience to ensure compliance with applicable regulators.
Weaver does not share publicly all data requested in this disclosure or financial data. As a partnership, most income taxes are passed through to partners of the firm. Weaver does not currently share publicly all data requested in this disclosure or financial data.
To effectively involve stakeholders in a quantitative assessment of ESG topics, a dedicated approach was developed and implemented through a double materiality assessment survey conducted in 2025.
Weaver does not currently share publicly all data requested in this disclosure or financial data.
Indicator Description
Operational Sites Owned, Leased, Managed in or Adjacent to Protected Areas and Areas of High Biodiversity Value Outside Protected
Response
Scope 1 (Purchased Gas): 114 MWh
Scope 2 (Purchased Electricity): 2,872 MWh
Scope 2 (Purchased Steam): 147 MWh
Scope 3: 1,670
Total: 4,803 MWh
3.40 MWh per FTE
Weaver’s leased offices are not located in protected areas.
As an accounting and consulting firm, we have a relatively low environmental impact but recognize the importance of stewarding sustainability in our business. Our ability to drive change through our service lines presents the biggest potential to help the environment. Weaver offers comprehensive services to help our clients achieve their sustainability goals at all stages across all industries.
As an accounting and consulting firm, we have a relatively low environmental impact but recognize the importance of stewarding sustainability in our business. Our ability to drive change through our service lines presents the biggest potential to help the environment. Weaver offers comprehensive services to help our clients achieve their sustainability goals at all stages across all industries.
Our office leases are the primary component of our supply chain with material environmental impact. With that in mind, we prioritize modern and energy efficient characteristics when sourcing locations, preferably validated by green building certifications.
Indicator Description
Response
Benefit Plans Offered
- Medical/Rx
- TelaDoc
- Dental
- Vision
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Basic Life/AD&D Insurance
- Short-Term Disability
- Long-Term Disability
- Voluntary Life/AD&D Insurance
- Voluntary Critical Illness
- Voluntary Accident
- Voluntary Hospital Indemnity
- Progyny
- Adoption Assistance
- Milk Stork
- Pet Insurance
- Gympass
Weaver offers 12 weeks of paid maternity leave and four weeks of paid paternity leave.
This year, we formalized our Emergency Response and Disaster Recovery Plan — a proactive resource that strengthens our ability to respond to critical events while reinforcing the measures already in place to keep employees safe. The plan outlines coordinated procedures for a range of emergencies, including weather-related events, medical situations, workplace violence and active shooter incidents.
This year, we formalized our Emergency Response and Disaster Recovery Plan — a proactive resource that strengthens our ability to respond to critical events while reinforcing the measures already in place to keep employees safe. The plan outlines coordinated procedures for a range of emergencies, including weather-related events, medical situations, workplace violence and active shooter incidents.
This year, we formalized our Emergency Response and Disaster Recovery Plan — a proactive resource that strengthens our ability to respond to critical events while reinforcing the measures already in place to keep employees safe. The plan outlines coordinated procedures for a range of emergencies, including weather-related events, medical situations,
and active shooter incidents.
Indicator Description
Response
This year, we formalized our Emergency Response and Disaster Recovery Plan — a proactive resource that strengthens our ability to respond to critical events while reinforcing the measures already in place to keep employees safe. The plan outlines coordinated procedures for a range of emergencies, including weather-related events, medical situations, workplace violence and active shooter incidents.
As we evaluate our ecosystem of tools, resources, practices and policies, we are committed to creating a supportive environment that addresses the physical, emotional, financial and social well-being of our employees.
In FY 2025, we provided around 40,150 hours of training firmwide, which equates to approximately 25 hours per team member.
Creating an environment for our employees to thrive means uplifting their career goals. Weaver supports their employees at every stage of their professional development with the following customized programs:
WeaverLAUNCH is our welcome program for new interns and associates to learn the technical skills necessary to perform their jobs and confidently begin their Weaver careers. They are also enriched with opportunities to network with peers and firm leaders who are invested in their success and growth as a person and professional in and outside of the firm.
WeaverLIFT is a training program for newly promoted leaders and provides a space to focus on development of self, others and the firm — all while celebrating the milestones and career achievements of our people.
WeaverLEAD is an internal leadership coaching program that trains leaders within our firm to support other leaders (current and future) at all levels. Coaches and coaches across the firm partner in a thought-provoking and creative process that inspires leaders to maximize their personal and professional potential.
100% of employees receive regular performance reviews. See People Data Tables on pages 59-60.
Expand the Reach is one of Weaver’s community outreach initiatives that focuses on educating high school students in underrepresented groups on the career opportunities in the accounting profession, encouraging them to seek degrees in accounting or related fields and hopefully to begin their careers at Weaver.
Weaver had no material cybersecurity incidents resulting in a data breach or loss event in FY 2025.
Sustainability Accounting Standards Board (SASB) Index
Description of approach to identifying
and addressing data security risks
Description of policies and practices
SV-PS-230a.2 relating to collection, usage and retention of customer information
(1) Number of data breaches
SV-PS-230a.3
(2) Percentage involving customer’s SV-PS-230a.3 confidential business information (CBI) or personally identifiable information (PII)
(3) Number of customers affected
SV-PS-230a.3
Workforce Diversity and Engagement Percentage of gender and racial/ethnic SV-PS-330a.1 group representation for
(1) executive management and (2) all other employees
(1) Voluntary and SV-PS-330a.2
(2) involuntary turnover rate for employees
See “Data Privacy and Cybersecurity” section on page 62.
Timeframe: August 18-September 8, 2024 78% favorability, 63% response rate Data
Employee engagement as a percentage
SV-PS-330a.3
See “Data Privacy and Cybersecurity” section on page 62.
No material cybersecurity incidents resulting in data breach or loss event in FY 2025. No material cybersecurity incidents resulting in data breach or loss event in FY 2025.
No material cybersecurity incidents resulting in data breach or loss event in FY 2025.
See People Data Tables on page 59.
See People Data Tables on page 59.
Disclosure Topics Metric Code
Professional Integrity Description of approach to ensuring SV-PS-a.1 professional integrity
Activity Metrics
Total amount of monetary losses as SV-PS-510a-2 a result of legal proceedings associated with professional integrity
Number of employees by
(1) full-time and part-time, (2) temporary and (3) contract
Employee hours worked, percentage billable
Response
To ensure that we live up to our ethical commitments, we subject ourselves to regular peer reviews conducted by reputable firms. These audits help us ensure that we operate according to professional standards, giving our clients and partners confidence in our ethical practices. We are proud to report that we have had no reported negative incidents in our audit history.
We follow the rules and standards set by the AICPA, ensuring that we maintain the highest level of professionalism and integrity in our business practices. This includes everything from preventing conflicts of interest to adhering to the specific requirements for performing financial statement audits.
Weaver does not publicly disclose this information.
See People Data Tables on page 59.
Weaver does not publicly disclose this information.
Task Force on Climate-Related Financial Disclosures (TCFD) Index
a) Board’s oversight of climate-related risks and opportunities
b) Management’s role in assessing and managing climate-related risks and opportunities FY25 Response
Governance
The firm’s strategic and operational direction is overseen by the CEO and an Executive Committee, supported by the COO and Chief Risk Officer. Together, they are responsible for firmwide priorities including quality control, risk management and innovation.
Sustainability oversight is provided by the Corporate Responsibility Committee, a cross-functional leadership team that shapes policy, evaluates initiatives and identifies opportunities to strengthen ESG performance. The Sustainability Director, reporting to the National Strategy Leader and accountable to the COO, leads both internal programs and client-facing initiatives, ensuring sustainability is embedded into decision-making across the firm.
Operational and practice leaders engage throughout the year in planning the sustainability program and collecting data, which supports transparency and shared accountability. The reporting process and recurring committee engagement provide a structured forum to identify climate-related risks and opportunities across the organization.
The Director of Sustainability Services is responsible for aligning the firm’s climate-related goals with its operational and client-facing capabilities, supporting consistency and credibility across our sustainability efforts. The role ensures that climate risk initiatives are both impactful and integrated into broader business activities. Strategic oversight is provided by the National Strategy Leader, who elevates climate-related priorities to the COO for final review and alignment with firmwide objectives. A cross-functional Corporate Responsibility Committee further supports integration by bringing diverse perspectives from across the business.
David Rook, Chief Operating Officer: Ensures ESG initiatives align with business objectives
Alyssa Martin, National Strategy Leader: Represents the voice of clients and ensures ESG initiatives align with client expectations
Laura Roman, Partner-in-Charge, National Tax Office and Chair of the Weaver and Tidwell Private Foundation: Manages the firm’s community engagement, philanthropic and social impact initiatives
Frank McElroy, General Counsel and Chief Risk Officer: Advises on legal implications of ESG efforts including reporting disclosures and assists the ESG steering committee with assessing identified ESG-related risks
Demetrice Branch, Chief People Officer: Provides insights on employee-related matters such as diversity, equity and inclusion as well as employee engagement
Dana Burris, Director: Collaborates with landlords and vendors to gather data from our operations and related sustainability practices within our leased portfolio, encompassing utilities, travel and smart design features
Ashly Pleasant, Director of Sustainability: Provides guidance on ESG best practices, benchmarks and industry trends
Over the past year, the Corporate Responsibility Committee advanced the firm’s sustainability agenda introducing Weaver’s Human Rights and Environmental Policy — an important milestone in formalizing our approach to environmental and social responsibility. In addition to policy development, the committee continues to implement targeted, business-aligned initiatives that reflect our values and operational priorities.
Recent areas of focus include:
- Incorporating sustainability data from our India operations into firmwide reporting
- Advancing environmental goals by reducing single-use plastic and eliminating StyrofoamTM
- Promoting sustainable practices through the use of reusable drinkware at employee appreciation events
- Exploring food waste reduction strategies for firm-hosted gatherings
The reporting process and recurring engagement of the Corporate Responsibility Committee serve as key mechanisms for routinely evaluating the firm’s exposure to climate-related risks and opportunities. These structured touchpoints support continuous improvement, cross-functional alignment and proactive integration of sustainability considerations into business planning and operations.
a) Climate-related risks and opportunities the organization has identified over the short, medium and long term
FY25 Response
Strategy | Physical Risks
Acute
We carefully evaluated the locations of our offices to assess their exposure to climate-related impacts in the short (0-2 years), medium (3-5 years) and long (6-10 years) terms. Our assessment focused specifically on appraising the perils posed by natural disasters such as severe heat, droughts, floods and coastal inundations. To quantify the risk level, we utilized risk scores provided by the Federal Emergency Management Agency (FEMA), ranging from 0 to 100.
These indicators aided us in understanding the potential vulnerabilities of our office locations to these climate-related hazards. The results of the analysis determined that a significant percentage of our leased offices are in locations that are categorized with very high-risk scores.
- Heatwave - 100% - Earthquake - 71%
- Riverine Flooding - 86% - Tornado - 76%
- Lightning - 81% - Landslide - 81%
- Wildfire - 71% - Strong Wind - 52%
- Winter Weather - 52%
This year, our climate risk assessment was expanded to include one additional property acquired during the reporting period. Following their integration, we rebalanced our portfolio-level climate risk analysis to ensure this asset was accurately reflected. The updated assessment confirmed that the highest-probability hazards identified in prior years are still present except for ice storms migrating from a very high-risk to a high-risk hazard. This year’s climate risk assessment reflects activity through December 31, 2024, and does not include our India offices, which were acquired on January 1, 2025. These locations will be incorporated into future reporting periods.
In addition to utilizing risk scores, we also evaluated the overall risk index of each location and factored in the employee count to get a full picture of the potential exposure to natural hazards. By reviewing both data points in a scatter plot, we ensure a comprehensive analysis of potential climate risk. The approach allows us to prioritize resilience planning for locations with very high-risk exposure and high employee count, directing our resources where they are needed most. Our findings indicate that our Texas locations particularly vulnerable in terms of both hazard risk and the population of employees affected.
The increasing frequency and severity of weather-related events — such as wildfires in California and hurricanes across the southern United States — present operational risks that require strategic attention. In response, we have prioritized the development and implementation of targeted mitigation strategies and resilience plans focused on high-risk locations. These efforts are designed to reduce potential disruptions, safeguard employees and protect critical infrastructure from severe weather events.
Weaver conducts physical climate risk assessments using industry-standard methodologies, including the FEMA National Risk Index for our U.S. operations. We also evaluate landlord-managed mitigation measures — such as backup power systems and flood controls — to strengthen resilience across leased properties. Together, these measures enable us to anticipate climate-related impacts and maintain the continuity of our business operations.
a) Climate-related risks and opportunities the organization has identified over the short, medium and long term
FY25 Response
Chronic
All companies face various levels of risk stemming from the gradual changes in climate, including shifts in precipitation patterns, rising average temperatures, increase in wildfires and rising sea levels. These changes can potentially impact the preferences of our employees in terms of where they choose to reside, necessitating adjustments in our resources to attract talent in these preferred locations. To assess the potential effects of sea level rise, we conducted an evaluation of our leased offices through 2050. The results of this evaluation indicate that none of our leased offices are projected to sit below the tideline by 2050.
Strategy | Physical Opportunities
Weaver is actively developing a comprehensive decarbonization strategy, informed by our detailed baseline assessment of greenhouse gas (GHG) emissions. Anticipated emissionreduction initiatives, particularly focused on travel optimization and utility consumption, are expected to yield cost savings while reducing environmental impact. Given that office leases represent a significant component of our environmental footprint, we prioritize partnering with landlords who uphold sustainability best practices. Moving forward, our site selection criteria will increasingly emphasize properties featuring LEED certification and green building attributes such as energy-efficient HVAC systems, renewable energy integration, water conservation infrastructure and advanced lighting systems, aligning with our long-term sustainability objectives.
Weaver continues to leverage remote and hybrid work models as key strategies for climate resilience, minimizing disruptions due to extreme weather or environmental events and safeguarding employee well-being. By selecting strategically located, environmentally certified office spaces, we further enhance operational resilience and ensure staff safety during adverse conditions. Additionally, Weaver is capitalizing on our internal insight by expanding resilience planning and scenario analysis services tailored to client-specific climate risk management needs, creating value-added offerings and strengthening client relationships. Finally, our commitment to rigorous data-driven targeting — including detailed Scope 1, 2, and 3 emissions tracking — supports science-based decarbonization goals and ongoing resilience testing against evolving climate scenarios across our operational regions.
Strategy | Transition Risks
Policy and Legal — Climate-related mandates are emerging rapidly, most notably California’s climate disclosure laws, the EU Corporate Sustainability Reporting Directive (CSRD) and the EU Carbon Border Adjustment Mechanism (CBAM). These regulations present both compliance challenges and business opportunities. To protect against potential financial and reputational risks, Weaver is focused on helping clients navigate these requirements with consistent, reliable, investor-grade reporting. Internally, we continue to monitor evolving policy landscapes to ensure our firm remains compliant and positioned to deliver trusted guidance.
Market — Weaver embraces the transition to a low-carbon economy and recognizes that businesses integrating sustainability into their strategy are better positioned for long-term success. Market risk arises from the need to meet increasing demand for services such as carbon accounting, sustainability consulting and renewable energy advisory. Weaver anticipated these shifts and continues to evolve our offerings to stay ahead of client needs and market expectations.
Reputation — Reputation and credibility are central are central to our brand. As sustainability expectations grow, our reputation depends on delivering accurate, decision-useful reporting and advisory services. We’ve prioritized building robust methodologies and review processes to ensure clients and stakeholders can rely on our work. Maintaining this standard is critical as ESG and climate disclosures become more scrutinized by regulators, investors and the communities we serve.
Technology — There is growing risk in not fully leveraging emerging technologies — such as artificial intelligence, digital tools, and data automation — to increase both client service capabilities and internal efficiencies. Our ability to scale sustainability advisory services will increasingly depend on how we integrate these technologies into our workflow. In addition, understanding technological innovation in sectors driving decarbonization — such as sustainable aviation fuel, renewable energy infrastructure, low-carbon construction materials and the related carbon and energy credit markets — is critical to advising clients effectively. Falling behind on these fronts could impact our relevance in a rapidly transforming economy.
Disclosure
a) Climate-related risks and opportunities the organization has identified over the short, medium and long term
FY25 Response
Strategy | Transition Opportunities
Policy and Legal — As climate-related policies and disclosure mandates evolve — such as California’s Climate Accountability Package and the EU CSRD — Weaver is positioned to support clients navigating these complex requirements. These policies are reshaping business operations, requiring transparency on emissions, governance and broader sustainability performance. Many of these regulations are reaching beyond large public companies, creating ripple effects across supply chains and increasing the urgency for mid-market firms to respond.
Weaver’s involvement in policy analysis, regulatory interpretation, and sustainability reporting places us at the forefront of this transition. We not only advise clients on compliance readiness — we contribute to shaping how compliance is operationalized within their businesses. Our continued focus on thought leadership, best practices and technical depth gives us a long-term advantage in supporting clients through disclosure, strategy development and future-proof planning.
Market — The growing prioritization of sustainability across industries presents a clear opportunity for Weaver to expand its market share and service offerings. As clients work to understand and respond to new climate and sustainability expectations, demand continues to rise for services such as emissions reporting, carbon accounting, double materiality assessments and decarbonization strategies. These needs span sectors and client sizes, creating space to scale both advisory and accounting service lines.
Weaver’s early investment in sustainability consulting enables us to meet this demand with proven methodologies and tailored guidance. By consistently delivering high-quality insights grounded in regulatory awareness and business practicality, we can deepen existing client relationships and open new channels for growth. The opportunity is not only to serve the market as it exists today — but to help shape how companies respond to the transition in the years ahead.
Reputation — Weaver’s commitment to sustainability offers a clear path to strengthen our brand, culture and client confidence. As expectations rise for companies to act on climate and social priorities, we have an opportunity to lead by example. Transparent, investor-grade reporting and strategic communications help demonstrate our credibility and reinforce our role as a values-driven firm. Internally, our focus on promoting inclusion and belonging, advancing community engagement and adopting tactical environmental practices — such as reducing single-use plastics, optimizing energy use and expanding recycling — reinforces alignment between what we advise clients to do and how we operate ourselves. These efforts enhance our employee value proposition, helping us attract and retain top talent across national and international markets.
Technology — Technology is central to unlocking new value in both internal operations and sustainability consulting services. Weaver’s technology-enabled double materiality assessment provides an efficient and scalable way to support clients subject to emerging disclosure frameworks. This tool allows for structured data collection, analysis and alignment with regulatory standards — bringing speed and consistency to a process that has historically been fragmented.
Beyond regulatory tools, ongoing research and investment in digital platforms, data infrastructure and scenario planning technologies will improve our ability to deliver meaningful, actionable insights. Our advisory capabilities are further strengthened by a deepening knowledge of innovations in decarbonization — such as sustainable aviation fuel, low-carbon construction materials, renewable energy systems and the evolving energy and carbon credit markets. This equips us to offer clients not only compliance support but guidance on where opportunities lie in a transitioning economy.
Disclosure
b) Impact of climate-related risks and opportunities on the organization’s business, strategy and financial planning
FY25 Response
Strategy
Climate-related risks and opportunities have influenced select elements of the business strategy and its operations. In response to evolving regulatory requirements and increased client demand, Weaver has expanded its sustainability advisory services and integrated them into core industries such as real estate, energy and technology — supporting clients as they navigate transition risks and evolving disclosure expectations. To support this work, we’ve established technology-enabled tools that improve ESG data analysis and reporting, enhancing the consistency and decision-usefulness of our client deliverables.
As part of our broader approach to managing climate-related risk, we apply scenario analysis to evaluate how policy, market, technology and reputational factors may affect our operations and those of our clients over varying time horizons. These insights help inform service development and guide areas of strategic focus. Operationally, we manage exposure to physical climate risks by operating in offices with green certifications and evaluating the resilience of landlord-managed infrastructure across our leased footprint.
While climate-related risks have not materially impacted firm-wide financial planning, we have made targeted investments to expand sustainability-related capabilities and respond to emerging market needs. This includes sustainable and impact investing options offered by Weaver Capital Advisors Group, which reflect growing investor interest in aligning capital with long-term value and climate resilience. These actions demonstrate how climate considerations are increasingly reflected across our services, operations and long-term business positioning.
c) Resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario
Strategy
To thoroughly measure the resilience of Weaver’s long-term strategy, we conducted detailed analyses across two distinct climate-related scenarios: a high emissions scenario (“Business-as-Usual”) and a low emissions scenario (“Low Carbon Economy”). These scenarios are aligned with the Intergovernmental Panel on Climate Change (IPCC) AR6 including 2.0°C, and 5°C warning pathways (RCP 2.6, and RCP 8.5).
Business-as-Usual Scenario > 5.0°C
Under the Business-as-Usual scenario, characterized by a global temperature increase exceeding 5.0°C by the century’s end, Weaver anticipates significant physical and transition risks. Physical risks in this scenario are notably intensified, including frequent storm events, flash floods and severe heatwaves. Extreme weather events occurring in high-risk regions could cause temporary or sustained operational disruptions, impacting specific business locations and operations. In response to this scenario, Weaver has emphasized strategic geographical diversification, enhancing its resilience by placing operations in locations less exposed to severe climate impacts. Additionally, Weaver has strengthened its Emergency Response Management Systems to combat these risks. Furthermore, transition risks manifest across multiple dimensions:
Policy and Legal — A fragmented and inconsistent regulatory environment complicates compliance, particularly for multi-state operations. This environment could significantly increase operational costs, challenging Weaver’s capacity to adapt service offerings rapidly enough to meet client needs amid shifting regulatory landscapes.
Market — Specific sectors served by Weaver could face substantial transition risks, potentially leading to client retention challenges, reduced market demand and corresponding revenue impacts.
Reputation — Without a sustained, transparent commitment to corporate responsibility and environmental stewardship, Weaver risks damage to its reputation, potentially diminishing stakeholder confidence and satisfaction.
Technology — Inconsistent federal regulations combined with varied local jurisdictional requirements complicate data protection and emissions disclosure compliance. These factors would likely lead to increased operational complexity and heightened vulnerability to cybersecurity threats.
In response to this scenario, Weaver has emphasized strategic geographical diversification, enhancing its resilience by placing operations in locations less exposed to severe climate impacts. Additionally, Weaver is actively refining its ESG services to support sectors vulnerable to transition risks, investing in robust regulatory compliance infrastructure and operational processes and continuously upgrading its digital and data security capabilities.
c) Resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario
Low Carbon Economy Scenario < 2.0°C
Under the Low Carbon Economy scenario, aligned with global temperature increases below 2.0°C, the primary risks for Weaver shift towards pronounced transition risks rather than severe physical disruptions. Recognizing these dynamics, Weaver’s strategy under the Decarbonized Future scenario emphasizes active leadership in sustainability practices and a strong client-focused advisory capability. We continue expanding our experience in decarbonization strategies, transparent emissions reporting and innovative technology deployment. By leveraging our internal sustainability and resilience planning competencies, we actively support client risk management and scenario analysis efforts. Regular scenario analyses and strategy stress-testing reinforce our adaptive capacities and preparedness for evolving climate-related regulations and market demands
Policy and Legal — Weaver anticipates rigorous climate-related regulations, stricter emissions controls, mandatory green building standards and comprehensive ESG disclosure requirements. Such regulatory conditions drive Weaver to maintain proactive compliance practices and elevate its leadership position in sustainability consulting.
Market — The company is well-positioned for revenue growth opportunities resulting from increased demand for ESG advisory services. Weaver’s proactive approach and experience in sustainability and decarbonization positions it favorably as clients increasingly seek guidance and strategic solutions aligned with stricter sustainability standards.
Reputation — Given heightened expectations for authentic sustainability leadership, Weaver faces reputational risk should there be any perceived deviation from sustainability commitments. Therefore, it is critical that Weaver continues to transparently demonstrate tangible progress and maintains active stakeholder engagement around its ESG initiatives.
Technology — Weaver expects full compliance with net-zero building codes to become standard practice, with heightened cybersecurity expectations. As such, Weaver is committed to early adoption of advanced digital infrastructure and robust cybersecurity frameworks to mitigate technological and regulatory risks.
Recognizing these dynamics, Weaver’s strategy under the Decarbonized Future scenario emphasizes active leadership in sustainability practices and a strong client-focused advisory capability. We continue expanding our experience in decarbonization strategies, transparent emissions reporting and innovative technology deployment. By leveraging our internal sustainability and resilience planning competencies, we actively support client risk management and scenario analysis efforts. Regular scenario analyses and strategy stress-testing reinforce our adaptive capacities and preparedness for evolving climate-related regulations and market demands.
a & b) Processes for identifying, managing and assessing climate-related risks
Risk Management
Weaver applies a structured approach to identifying, assessing and managing climate-related risks across its operations. This includes both physical and transition risks, informed by scenario analysis and a double materiality assessment.
Physical risks are evaluated through periodic assessments of climate hazards such as extreme heat, flooding and sea level rise. These assessments consider the vulnerability of our office locations based on geographic exposure and building-level infrastructure. Each facility has a designated responsible party responsible for coordinating internal communications and ensuring personnel safety during climate-related events, reflecting our emphasis on operational resilience and employee well-being.
Transition risks are assessed in the context of evolving policy, regulatory frameworks, market expectations and reputational exposure. Scenario analysis supports this process by evaluating the potential impact of these risks across short, medium and long-term timeframes. These insights inform how we think about business continuity, client services and potential market shifts.
We also conduct a double materiality assessment to evaluate both the financial and societal impacts of climate-related risks and opportunities. This process incorporates input from internal leadership and external market observations to ensure that relevant sustainability topics are prioritized. Risk areas identified through this process are reviewed regularly by the Chief Operating Officer, with support from the Director of Sustainability and the National Strategy Leader.
In addition, we track our greenhouse gas emissions as part of our operational risk review. Scope 1 and 2 emissions were measured in 2024 and in 2025, we expanded the scope to include Scope 3. These insights support targeted evaluation of decarbonization and energy efficiency opportunities within our operational control.
Disclosure
c) How processes for identifying, assessing and managing climate related risks are integrated into the organization’s overall risk management
FY25 Response
Risk Management
Weaver integrates climate-related risk identification and assessment into its broader enterprise risk management and strategic decision-making processes. Rather than being siloed, climate risks are evaluated alongside financial, operational and reputational risks to inform business planning and resource allocation.
Insights from scenario analysis and the double materiality assessment help shape service development, enhance internal risk awareness and support emergency preparedness. For example, while physical climate risk data does not drive real estate decisions directly, it informs our understanding of potential exposure scenarios. These insights strengthen emergency response planning at the local level.
In support of these efforts, the Corporate Responsibility Committee developed an environmental policy that complements our climate-related initiatives. This policy reinforces Weaver’s commitment to environmental stewardship and supports the integration of sustainability considerations across business functions.
Metrics and Targets
a) Metrics used by the organization to assess climate related risks and opportunities in line with its strategy and risk management process
Weaver’s climate related initiative are reported against GRI, SASB and TCFD standards include disclosing GHG emissions in accordance with GHG Protocol. In our continued efforts to address climate-related challenges, we not only continuing to evolve processes for measuring our carbon footprint but also conducted a comprehensive physical climate risk analysis alongside measuring Scope 1, Scope 2 and Scope 3 emissions. The physical risk analysis was informed by the recommendations put forth by the Task Force on Climate-related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB). To determine the level of risk, we utilized risk ratings provided by the Federal Emergency Management Agency (FEMA). These indicators ranged from very low to very high, helping us understand the potential vulnerabilities and resilience of our office locations to these climate-related hazards.
Scope 1 emissions, defined as direct emissions resulting from owned or operated activities, consist of gas burned on site for heating office space. Weaver does not manufacture products or own company vehicles that would further contribute to Scope 1 emissions.
Scope 1 (Purchased Gas): 21.19 Mt CO2e
Scope 2 emissions, defined as indirect emissions sourced from utility providers, consist of energy consumed at our offices including heating, cooling and steam.
Scope 2 (Purchased Electricity): 1,779 Mt CO2e
Scope 2 (Purchased Steam): 33.23 Mt CO2e
Scope 3 emissions, defined as all other indirect emissions, consist of energy consumed as a result of business travel. This includes air and car mileage accumulated.
