The priority areas have been identified by carrying out a survey of international financial institutions, non-governmental organizations, the private sector, and sustainability news outlets. Internal stakeholders from across the institution confirmed the analysis and have identified paths forward.
An action plan to set long-term targets within these impact areas has been approved by the Managing Director & Chief Administrative Officer.
CORPORATE SUSTAINABILITY PRINCIPLES
10 Sustainability Principles are the bedrock for embedding sustainability in the Bank's decisions across its internal operations. Using these Principles in a systematic way will positively impact how we operate our facilities worldwide as well as throughout our supply chain.
|WB Corporate Sustainability Principles|
|1. Be Climate Resilient||4. Ensure Resource Efficiency||7. Eliminate Corruption|
|2. Be Energy Smart||5. Reduce Waste ||8. Enhance Diversity & Inclusion|
|3. Be Water Efficient||6. Promote Sustainable Land Management||9. Ensure Staff Wellbeing|
| || ||10. Engage & Preserve the Community|
You can read about progress made in the World Bank Annual Report 2019, the GRI Index 2020, and in our response to the CDP. The World Bank uses a detailed materiality methodology to determine what aspects to include in our reporting.
We hope that you read the Sustainability Review online; if you choose to print, please do so double-sided and in black ink.