World Energy Sustainability Profile
World Energy, headquartered in the United States, is a leading player in the renewable energy sector, specialising in sustainable biofuels and advanced energy solutions. Founded in 1998, the company has made significant strides in transforming the energy landscape, with major operations across North America and Europe. With a focus on producing low-carbon fuels, World Energy offers unique products that cater to the growing demand for cleaner energy alternatives. Their innovative approach to biofuel production sets them apart, positioning them as a key contributor to the global transition towards sustainable energy sources. Recognised for their commitment to environmental stewardship, World Energy has achieved notable milestones, including partnerships with major corporations to reduce carbon footprints. As a pioneer in the renewable energy industry, World Energy continues to lead the charge in creating a more sustainable future.
DitchCarbon Score
How does World Energy'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 Chemicals 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 Energy's score of 22 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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World Energy's reported carbon emissions
In 2023, World Energy reported total carbon emissions of approximately 161,337,400 kg CO2e. This figure includes Scope 1 emissions of about 6,005,000 kg CO2e, Scope 2 emissions of approximately 4,929,300 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 150,403,100 kg CO2e. Notably, the largest components of Scope 3 emissions stem from purchased goods and services (about 92,481,600 kg CO2e) and capital goods (approximately 45,306,600 kg CO2e). World Energy has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 50% by 2030, using 2021 as the baseline year. Additionally, the company has established a long-term goal of achieving net-zero carbon emissions across its operations and value chain by 2050. These targets reflect a commitment to addressing climate change and reducing greenhouse gas emissions in line with industry standards. The emissions data is not cascaded from any parent organisation, indicating that World Energy is independently reporting its carbon footprint and climate initiatives.
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| 2023 | |
|---|---|
| Scope 1 | 6,005,000 |
| Scope 2 | 4,929,300 |
| Scope 3 | 150,403,100 |
How Carbon Intensive is World Energy's Industry?
How Carbon Intensive is World Energy's Location?
World Energy's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
World Energy'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 Energy 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.
