Measuring and Reporting
Tracking IFC’s corporate environmental impact data helps to identify areas of success and for improvement, and set priorities, goals and targets. IFC’s Footprint Program annually collects data to measure IFC’s carbon emissions footprint, which includes data business air travel, electricity use, vehicle use, onsite fuel, refrigerants, steam, and chilled water. IFC also gathers data on other key performance indicators, such as staff use of video conferences and e-meetings, paper use, recycling and waste, donations made, and others.
Reporting on IFC’s Footprint Commitment allows us to maintain IFC’s commitment to transparency, and communicate our progress to stakeholders, such as our donors, clients, NGOs, Board. Sharing IFC’s progress with its internal audiences is also an important part of driving culture change within the institution.
IFC reports on its Footprint Commitment in the following public reports/forums:
IFC Annual Report: Annual reporting of IFC’s footprint is a fundamental element of IFC’s sustainability efforts. Since 2007, IFC has published one integrated report on our performance, which combines the Corporation's Annual Report, Sustainability Report, Report to Donors and information about the development effectiveness of our operations. Since then, we have been reporting corporate-wide data on IFC’s Footprint Commitment. IFC began reporting footprint data from its Washington, DC headquarters office only in 2004 through 2006 in a stand alone Sustainability Report.
Carbon Disclosure Project: In 2009, IFC, as part of the World Bank Group, was the first multilateral development bank to report its greenhouse gas emissions in the Carbon Disclosure Project, the world’s largest database of primary corporate information on climate change.
Sustainable United Nations (SUN): On 5th June 2007, UN Secretary General Ban Ki-moon publically called on all UN agencies, funds and programs to become climate neutral and "go green". IFC, as part of the World Bank Group, joined this commitment to measure and reduce the environmental impacts from our business operations, offset our carbon emissions footprint, and communicate with our stakeholders on what we are doing.