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 33 is higher than 83% 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 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 from previous years indicates a trend of increasing emissions, with 2022 emissions recorded at about 85,480,000 kg CO2e, and 2021 emissions at approximately 39,773,000 kg CO2e. Notably, in 2018, the World Bank reported emissions of about 43,663,000 kg CO2e for Scope 2 and 8,490,000 kg CO2e for Scope 1, while Scope 3 emissions were reported as zero. Despite the lack of specific reduction targets or initiatives, the World Bank has disclosed emissions across all three scopes, highlighting its awareness of the broader impact of its operations. The organisation's emissions intensity for Scope 1 and 2 was reported at 55.0 kg CO2e per square metre in 2021, and 52.0 kg CO2e per square metre in 2022, indicating a focus on improving efficiency. Overall, while the World Bank has not set explicit reduction targets, its emissions data reflects a commitment to transparency in its climate impact, aligning with global efforts to combat climate change.
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| 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 |
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.
