World Bank Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
World Bank's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
World Bank's reported carbon emissions
In 2023, the World Bank reported total carbon emissions of approximately 179,721,000 kg CO2e. This figure includes 104,000 kg CO2e from Scope 1 emissions, 29,462,000 kg CO2e from Scope 2 emissions, and a significant 145,511,000 kg CO2e from Scope 3 emissions. The emissions data reflects a comprehensive approach to tracking greenhouse gas outputs across all scopes, highlighting the World Bank's commitment to transparency in its environmental impact. In 2022, the World Bank's total emissions were about 85,480,000 kg CO2e, with Scope 1 emissions at 4,539,000 kg CO2e, Scope 2 emissions at 29,016,000 kg CO2e, and Scope 3 emissions at 51,925,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023, particularly in Scope 3, which is often the largest contributor to an organisation's carbon footprint. Despite the lack of specific reduction targets or initiatives disclosed in the provided data, the World Bank is actively involved in climate-related financial disclosures and initiatives, as evidenced by its participation in the Carbon Disclosure Project (CDP) and its alignment with broader sustainability goals. The organisation's emissions data is not cascaded from any parent company, ensuring that the figures represent its direct impact. The World Bank's commitment to addressing climate change is further underscored by its ongoing efforts to integrate sustainability into its operations and financing strategies, although specific reduction targets have not been outlined in the current data.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 1990 | 2010 | 2014 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,500,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,000,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | 000,000,000 |
How Carbon Intensive is World Bank's Industry?
How Carbon Intensive is World Bank's Location?
World Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
World Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
