World Gold Council
The World Gold Council (WGC), headquartered in Great Britain, is a leading authority in the gold industry, dedicated to promoting the role of gold in a sustainable financial system. Founded in 1987, the WGC has played a pivotal role in advancing gold's value and utility across various sectors, including investment, jewellery, and technology. With a strong presence in key markets such as Asia, North America, and Europe, the WGC focuses on research, market development, and advocacy, providing insights that drive informed decision-making. Its core services include market analysis, policy advocacy, and educational initiatives, all aimed at enhancing the understanding and appreciation of gold. Recognised for its commitment to responsible gold sourcing and sustainability, the WGC has established itself as a trusted leader in the industry, influencing global gold standards and practices.
DitchCarbon Score
How does World Gold Council'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 Salt and Mineral Mining 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 Gold Council's score of 21 is lower than 57% 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 Gold Council's reported carbon emissions
In 2020, the World Gold Council (WGC) reported total carbon emissions of approximately 39,053,900,000 kg CO2e, with Scope 1 emissions at about 14,153,352,000 kg CO2e and Scope 2 emissions at around 17,085,478,000 kg CO2e. The WGC has set ambitious long-term reduction targets, aiming for an 80% reduction in emissions by 2050 to align with the ‘well-below’ 2°C scenario, and a 92% reduction by 2040 to meet the 1.5°C scenario. These targets are crucial for the gold sector, which is under increasing pressure to mitigate its climate impact. The WGC's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The organisation is committed to addressing climate change and has outlined its strategies in various reports, emphasising the need for significant reductions in emissions to contribute to global climate goals.
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| 2017 | 2018 | 2020 | |
|---|---|---|---|
| Scope 1 | 13,197,000 | 00,000,000 | 00,000,000,000 |
| Scope 2 | 15,931,000 | 00,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - |
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 Gold Council 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.
