Corporate Responsibility: Sustainability Reporting

Main Messages

This Sustainability Review explores the different approaches and practices the World Bank takes to fullfill its mission and goals. Whether its innovative finacial tools to help protect wildlife or community enagagment to support the communities that host our facilities around the world. Here are the main themes you will find in the Sustainability Review.

Over the past two years, the World Bank has found better ways to support our clients, staff, and communities, from designing and disseminating innovative financing products for greater impact on the ground, to deploying new technologies to transform how we worked with clients during the pandemic. Explore this theme more in the Sustainability Review.

The World Bank community continued to implement lessons learned from the pandemic as staff returned to the office, synthesizing its strengths for sustainable solutions to work smarter with clients, improve collaboration within the institution, and balance care for our families and communities. Learn more about how respect is applied to the World Bank's operations and practices in the Sustainability Review.

Building on our Green, Resilient, and Inclusive Development approach announced in April 2021, the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) continued throughout fiscal 2022–23 to help developing countries navigate these interlinked crises, restore growth, and stay the course on long-term development. As of fiscal 2023, the World Bank remains the largest funder of the global COVID-19 health response, with $13.5 billion committed to over 100 countries since the start of the pandemic. Discover more impactful solutions in the Sustainability Review.

Doing what is right for our staff, clients, and partners is an integral part of the World Bank’s business model. Despite the challenges posed by the pandemic, the World Bank continues to strive to hold ourselves, clients, and partners to the highest ethical standards, as reflected in our Core Values and Code of Ethics, through the World Bank Evaluation Principles, the Accountability Mechanism, and other initiatives. Read the Sustainability Review to learn the differnet ways integrity is applied in the World Bank's operations and practices.

Reducing our corporate environmental impact is aligned with our institutional mission to reduce poverty, as the world’s poor are the most impacted by environmental degradation. We made concerted efforts to pursue our goals, such as reducing absolute carbon emissions from global facilities across the World Bank Group by 28 percent by 2026 from a 2016 baseline and reducing our food-related greenhouse gas emissions from headquarters cafeterias, coffee bars, and catering operations by 25 percent by 2030 from a 2019 baseline. Read more on how teamwork and sustainability come together at the World Bank in the Sustainability Review.

Highlights

Between fiscal 2021 and fiscal 2022, the World Bank’s global total emissions within the institution (scope 1 and 2) were reduced by 1,821 metric tons carbon dioxide equivalent, predominantly because our dependence on diesel generators decreased.However, scope 2 emissions remained the same even with partial return of staff to the office. This is a result of energy efficiency projects that were implemented during the pandemic-related shutdowns.

 

The World Bank measures indirect greenhouse gas emissions (Scope 3) globally from its business air travel, contractor-owned vehicles, and World Bank headquarter's food-procurement emissions. Fiscal 2022 scope 3 carbon emissions from business air travel increased from fiscal 2021 (pandemic levels) but were only 24 percent of fiscal 2019 (pre-pandemic levels). Fiscal 2020 business air travel was also impacted by three and a half months of the COVID-19 pandemic, which is why fiscal 2019 is the baseline for business travel emissions. 

 

Green House Emissions Graphic

Sustainability Report Highlights Graphic

 

World Bank staff represent 181 nationalities and cover a wide range of fields, enabling the institution to offer clients a unique combination of global expertise and in-depth local knowledge.

 

Board of Governors gender ratio: We have 189 members, 64 of which are represented by women Governors and Alternate Governors.
 

Gender Distribution Graphic

 

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