World Energy
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 6 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
World Energy's reported carbon emissions
In 2021, World Energy, headquartered in the United States, committed to significant climate action by setting a target to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2021 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and is designed to support the global goal of limiting temperature rise to 1.5°C. While specific emissions data for recent years is not disclosed, the company has been focusing on renewable biofuels, particularly those derived from beef tallow, which have a projected carbon intensity of approximately 0.014 kg CO2e per megajoule (MJ) for 2021. In 2022, the carbon intensity of electricity generation in China, where some operations may be based, was reported at 0.0 kg CO2e per kilowatt-hour (kWh), indicating a potential for low-emission energy sourcing. World Energy's commitment to measuring and reducing its Scope 3 emissions further demonstrates its dedication to comprehensive climate responsibility. The company is actively working towards these targets, reflecting a growing trend in the industry towards sustainability and reduced carbon footprints.
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 Energy is committed to some 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.
