世界发展银行-Sustainability-Review-2019_10页_776kb

World Bank Sustainability Review 2019 Summary

Core Content

The World Bank Group Sustainability Review 2019 outlines the organization's efforts to operate sustainably, focusing on environmental, social, and economic impacts. It highlights the Bank's commitment to its core values of impact, integrity, respect, teamwork, and innovation, and emphasizes its role in reducing extreme poverty and promoting shared prosperity in a sustainable manner.

Main Goals and Achievements

• Sustainable Development Goals (SDGs): The World Bank Group aims to support the SDGs through its operations, with a particular focus on poverty reduction, environmental protection, and social inclusion.
• Capital Markets: In 2018, IDA entered the capital markets with a $1.5 billion benchmark bond, which enabled it to significantly scale its support for the SDGs and offer investors a way to contribute to global development.
• Carbon Emissions Reduction: The Bank committed to reducing direct and indirect carbon emissions from its global facilities by 28% by 2026, using 2016 as a baseline.
• Staff Engagement: The annual Staff Engagement Survey showed high engagement, with 83% of staff participating and 92% expressing pride in working for the World Bank Group.
• Corporate Procurement: The Bank is increasing procurement from women-owned or led businesses, aiming to reach 7% of total procurement spending by 2023.

Environmental & Social Policies

The World Bank applies two sets of environmental and social policies:

• Safeguard Policies for projects with concept notes before October 1, 2018.
• Environmental and Social Framework (ESF) for projects with concept notes after October 1, 2018.

The ESF offers broader and more systematic coverage of environmental and social risks, including transparency, non-discrimination, social inclusion, public participation, and accountability.

Accountability Mechanisms

The World Bank Group is accountable to its clients and shareholders through four key mechanisms:

1. Inspection Panel: Provides an independent avenue for communities to raise concerns about projects.
2. Independent Evaluation Group (IEG): Conducts evaluations to strengthen development effectiveness and inform policy decisions.
3. Integrity Vice Presidency (INT): Investigates allegations of fraud, corruption, and misconduct in Bank Group-financed projects.
4. Group Internal Audit (GIA): Offers independent risk-based assurance and advice to enhance the Bank's governance and operations.

Financial Overview

• IBRD & IDA Commitments: In FY19, the World Bank Group had $45.1 billion in global commitments, including loans, grants, and guarantees.
• IBRD Net Revenue: IBRD's financial performance reflects improved efficiency and sustainability measures.
• IDA Net Revenue: IDA's financial performance also shows progress in operational efficiency.
• Fiscal Year 2018 Capital Package: The Bank received a $7.5 billion capital increase, enhancing its ability to support development projects with an average annual financing capacity of about $100 billion during 2019-30.

People and Diversity

• The World Bank Group employs over 12,283 staff, with 43% working in 140 countries and 52% being female.
• The Bank promotes a respectful and inclusive workplace, with comprehensive grievance mechanisms and a focus on diversity.
• The Bank aims to increase the representation of managers from developing countries and female managers to 50% by 2023.
• In FY19, 4% of the workforce was under 30 years old.

Sustainability Initiatives

• Waste Management: A centralized waste collection system was introduced in all World Bank buildings in Washington, D.C., including composting and recycling, eliminating individual office bins.
• Plastic Bottle Reduction: Plastic bottles were phased out in Washington, D.C., and some other offices.
• Energy Efficiency: The Bank has 14 buildings certified to sustainable building standards, including two LEED Gold buildings in Afghanistan and Myanmar. Energy use intensity decreased by 4% from 2016 to 2018.
• Water Conservation: The Bank has implemented water-efficient fixtures and practices, with 83% of World Bank-owned offices globally reporting their water usage.
• Low-Impact Commuting: 79% of staff in Washington, D.C. use alternative means of commuting, such as biking, walking, and public transportation. The Bank has been a gold-level Bike Friendly Business since 2017.

Governance and Leadership

• The World Bank Group is governed by the Boards of Governors and the Board of Executive Directors.
• The President chairs the Boards and is responsible for overall management.
• The Corporate Responsibility Oversight Committee includes Shaolin Yang and Axel van Trotsenburg.

Materiality and Reporting

• The Sustainability Review is aligned with the GRI Standards and includes key performance indicators related to the Bank's environmental, social, and economic impacts.
• The report highlights the importance of stakeholder input in identifying material topics for disclosure.

Conclusion

The 2019 Sustainability Review demonstrates the World Bank Group's ongoing commitment to sustainability, transparency, and accountability. It outlines significant progress in reducing environmental impacts, promoting social inclusion, and enhancing financial and operational efficiency. The report serves as a valuable resource for understanding the Bank's contributions to global development and its alignment with the SDGs.