The World Economic Forum (WEF), a prominent entity in the research and development services sector, is headquartered in Switzerland (CH). Founded in 1971, the WEF has established itself as a pivotal platform for public-private cooperation, bringing together leaders from various industries to address global challenges.
Operating primarily in Europe, the WEF focuses on key areas such as economic development, environmental sustainability, and technological innovation. Its unique offerings include comprehensive reports, forums, and initiatives that foster collaboration among stakeholders.
Recognised for its influential role in shaping global agendas, the WEF has achieved notable milestones, including the annual meeting in Davos, which attracts heads of state, business leaders, and academics. This positions the WEF as a leader in driving impactful dialogue and solutions for a better world.
-2 vs industry average
World Economic Forum’s score of 28 is lower than 48% 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
Research Services has below-average carbon intensity
Industry performance
The Research Services industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
World Economic Forum's reported carbon emissions
The World Economic Forum (WEF), based in CH and operating in the Research and development services (73) sector, is committed to achieving net-zero emissions by 2050, encompassing both Scope 1 and Scope 2 emissions.
In 2023, the WEF reported total emissions of approximately 7,225,000 kg CO2e. This figure comprised approximately 1,983,000 kg CO2e for Scope 1, approximately 3,198,000 kg CO2e for Scope 2, and approximately 245,000 kg CO2e for Scope 3.
Prior to this, in 2022, total emissions were approximately 40,822,000 kg CO2e, with Scope 2 emissions at approximately 2,025,000 kg CO2e and Scope 3 emissions at approximately 38,797,000 kg CO2e. Scope 1 data was not reported for 2022.
For 2021, total emissions were approximately 790,000 kg CO2e, with Scope 2 at approximately 320,000 kg CO2e and Scope 3 at approximately 470,000 kg CO2e. Scope 1 data was also not available for this year.
In 2020, the WEF reported a significantly higher total emissions figure of approximately 97,402,000 kg CO2e, primarily driven by Scope 3 emissions of approximately 97,041,000 kg CO2e, with Scope 2 emissions at approximately 361,000 kg CO2e. Scope 1 data was not available for 2020.
Historical data for 2019 shows substantial emissions across all scopes: Scope 1 at approximately 1,500,000,000,000 kg CO2e, Scope 2 at approximately 900,000,000,000 kg CO2e, and Scope 3 at approximately 5,100,000,000,000 kg CO2e.
The WEF's net-zero target by 2050 underscores its dedication to climate action within its industry. Specific targets for reduction are outlined in their "Net-Zero Challenge: The Supply Chain Opportunity" report. Data for 2014 indicates total emissions of approximately 390,000 kg CO2e, with limited scope details available. The WEF's reporting indicates that data is not cascaded from any parent organisation.
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World Economic Forum’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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