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 22 is lower than 58% 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 total 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 for a 50% reduction in Scope 1 and 2 emissions by 2030, using 2021 as a baseline. 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 significant greenhouse gas (GHG) reductions and align with industry standards for climate action. The emissions data is not cascaded from any parent organisation, indicating that World Energy is independently reporting its performance. The company’s initiatives and targets are documented in their sustainability reports, which outline their strategic approach to reducing carbon emissions and enhancing sustainability practices.
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| 2023 | |
|---|---|
| Scope 1 | 6,005,000 |
| Scope 2 | 4,929,300 |
| Scope 3 | 150,403,100 |
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 not participating in any of the initiatives that 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.
