Units across IFC and the World Bank Group are working collaboratively to implement corporate initiatives in line with IFC’s Footprint Commitment. Strategic initiatives are being led by IFC’s Footprint Program, and key units including IFC’s Global Real Estate, Facilities Management and Administration, Corporate Business Technologies, Corporate Relations and Human Resources, and World Bank’s Global Services Division, Corporate Responsibility Program, and Community Outreach Group, amongst others.
A key strategic effort at the corporate level is IFC’s Carbon Neutrality Commitment. IFC was the FIRST of all UN agencies and multilateral development banks to be carbon neutral for all internal corporate operations, including business air travel, electricity use, vehicle use, onsite fuel, refrigerants, steam, and chilled water. Through the purchase of carbon credits —a combination of Voluntary Emission Reductions (VERs) and Renewable Energy Certificates (RECs)—IFC has offset the carbon emissions from the D.C. office since 2006 and from ALL global internal operations since 2008.