The World Bank, officially known as the International Bank for Reconstruction and Development (IBRD), is a pivotal institution headquartered in Washington, D.C., United States. Founded in 1944, it has played a crucial role in global economic development, particularly in low and middle-income countries across various regions, including Africa, Asia, and Latin America. As a leader in the development finance industry, the World Bank focuses on poverty alleviation, infrastructure development, and sustainable economic growth. Its core services include financial and technical assistance, policy advice, and capacity building, which are tailored to meet the unique needs of its member countries. Notably, the World Bank has facilitated significant milestones, such as the eradication of extreme poverty and the promotion of shared prosperity, solidifying its position as a key player in international development.
How does World Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
World Bank's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the World Bank reported total carbon emissions of approximately 179,721,000 kg CO2e. This figure reflects the organisation's ongoing commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. The emissions data for previous years indicates a trend in emissions intensity, with the following notable figures: in 2022, total emissions were about 85,480,000 kg CO2e; in 2021, they were approximately 39,773,000 kg CO2e; and in 2020, total emissions reached around 180,890,000 kg CO2e, which included 8,348,000 kg CO2e from Scope 1, 36,843,000 kg CO2e from Scope 2, and 138,392,000 kg CO2e from Scope 3 emissions. The World Bank has not specified any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other frameworks, indicating a potential area for future focus. The organisation's emissions data is crucial for understanding its environmental impact and guiding future climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 8,490,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 43,663,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 0,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
World Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.