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 18 is lower than 51% 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 reported significant emissions data, although specific total emissions figures were not disclosed. The organisation has not provided detailed Scope 1, 2, or 3 emissions data for this year. However, in 2018, the Council reported total emissions of approximately 32,689,000 kg CO2e, which included Scope 1 emissions of about 17,951,000 kg CO2e, Scope 2 emissions of around 14,738,000 kg CO2e, and Scope 3 emissions of approximately 4,532,000 kg CO2e from investments and 168,000 kg CO2e from purchased goods and services. The World Gold Council has not set specific reduction targets or initiatives as part of their climate commitments, indicating a lack of formalised strategies in this area. The organisation's focus appears to be on understanding and reporting emissions rather than implementing defined reduction goals. As the industry faces increasing scrutiny regarding its environmental impact, the World Gold Council's future commitments and actions will be crucial in addressing climate change effectively.
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| 2017 | 2018 | |
|---|---|---|
| Scope 1 | 13,197,000 | 00,000,000 |
| Scope 2 | 15,931,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 |
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.
