The fest's sustainability program has prevented hundreds of thousands of pounds of waste from ending up in landfills and avoided the use of millions of single-use plastic items.
Wilson wrote a substantial portion of The Beach Boys' songs, including many of the band's biggest hits.
National Association of Black Owned Broadcasters' James L. Winston and six female industry trailblazers will also be saluted when the annual event takes place Oct. 3.
The Deep Culture Summit will precede the sustainability-focused Deep Tropics festival, happening August 15-16 in Nashville's Bicentennial Park.
Though the catalog is lucrative, the music legend sold off a large portion of his music intellectual property rights long before his death.
Other recent deals include Sony Music Labels' acquisition of the animated series Spookiz and MNRK Music Group's purchase of metal imprint Prosthetic Records.
The package will feature in the government's Creative Industries Sector Plan.
In other Canadian industry news, Billboard Canada hosted performances by The Beaches, Khalid and Daniel Caesar at NXNE.
Spotify finished the week down 0.5%, however, and the 20-company Billboard Global Music Index fell 2.4%.
Also this week: The Core Entertainment hires a new director of creative and WME appoints an agent to oversee all things EDM in Spain and Portugal.
