World Energy, headquartered in the United States, operates within the chemicals nec (not elsewhere classified) industry, focusing on sustainable energy solutions. Founded in 1998, the company has established itself as a leader in the production of renewable fuels, particularly biodiesel and renewable diesel, catering to a growing demand for environmentally friendly energy alternatives.
With major operations across North America, World Energy is renowned for its innovative approach to energy production, utilising advanced technologies to convert waste materials into high-quality fuels. The company’s commitment to sustainability and reducing carbon emissions has positioned it as a key player in the transition to a greener economy. Notable achievements include partnerships with leading corporations and significant contributions to renewable energy initiatives, solidifying its reputation in the market.
-11 vs industry average
World Energy’s score of 18 is lower than 34% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
World Energy's reported carbon emissions
World Energy, a US-based company in the chemicals nec industry, reported total global emissions of approximately 161.3 million kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
Within this total, Scope 1 emissions were approximately 6 million kg CO2e, and Scope 2 emissions were about 4.9 million kg CO2e. Scope 3 emissions accounted for the majority, totalling approximately 150.4 million kg CO2e. The largest contributors to Scope 3 emissions in 2023 were purchased goods and services, at about 92.5 million kg CO2e, and capital goods, at approximately 45.3 million kg CO2e.
World Energy has established climate commitments, including a near-term target to reduce its Scope 1 and 2 emissions by 50% by 2030, measured against a 2021 baseline. Furthermore, the company aims for net-zero carbon emissions across its operations and value chain by 2050.
Historical emissions data shows significantly higher figures in previous years, with total emissions recorded at approximately 31.5 billion kg CO2e in 2020, 33.5 billion kg CO2e in 2018, and 32.5 billion kg CO2e in 2016. Data prior to 2023 indicates that comprehensive Scope 1 and 2 emissions data was not disclosed, with reports often focusing on upstream emissions.
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World Energy’s Climate Goals (2030 & 2050)
5 goals2030
50% reduction in Scope 1
World Energy has committed to reducing our Scope 1 and 2 emissions 50% by 2030 as measured against a 2021 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 5 climate goals
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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