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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.
18
DitchCarbon score
-14 vs industry average
World Energy’s score of 18 is lower than 30% 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
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
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 carbon emissions of approximately 161,337,400 kg CO2e in 2023. This total comprises 6,005,000 kg CO2e from Scope 1 emissions, 4,929,300 kg CO2e from Scope 2 emissions, and 150,403,100 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions include purchased goods and services (92,481,600 kg CO2e), capital goods (45,306,600 kg CO2e), and upstream transportation and distribution (7,085,400 kg CO2e).
World Energy is committed to significant climate action, with targets to reduce its environmental impact. The company aims to cut its Scope 1 and 2 emissions by 50% by 2030, using a 2021 baseline. Furthermore, World Energy has a long-term ambition to achieve net-zero carbon emissions across all scopes (Scope 1, 2, and 3) by 2050. These commitments are outlined in their Sustainability Report 2024.
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World Energy’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
World Energy8 months ago
18
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance UseView
5 days ago
100
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