World Bank
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 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
World Bank's reported carbon emissions
In 2023, the World Bank reported total carbon emissions of approximately 145,511,000 kg CO2e, comprising 4,748,000 kg CO2e from Scope 1, 29,462,000 kg CO2e from Scope 2, and 145,511,000 kg CO2e from Scope 3 emissions. This reflects a significant reliance on indirect emissions, particularly from Scope 3, which represents the majority of their carbon footprint. Over the years, the World Bank has shown a trend of increasing emissions per employee, with figures rising from about 100 kg CO2e in 2012 to 600 kg CO2e in 2017. However, specific reduction targets or commitments have not been disclosed, indicating a lack of formalised climate pledges or initiatives aimed at reducing their carbon emissions. The World Bank's emissions data highlights the importance of addressing both direct and indirect emissions in their climate strategy, particularly as they continue to engage in global development efforts. Without clear reduction targets, the effectiveness of their climate commitments remains uncertain.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,490,000 | 0,000,000 | 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 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 0,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
