Electricity use accounted for 26% of our global operational carbon footprint. In FY14, a program of third-party energy audits and opportunities was carried out in partnership with Facilities Management in 4 IFC offices, identifying $90,000 of annual savings opportunities. IFC is also working to benchmark office performance using IFC’s Edge tool to the extent possible in each country.

Our commitment to energy conservation includes the following: 

Electricity Use Reduction Target:  IFC’s TARGET for the DC office is to reduce electricity use per workstation by 20% from FY08-FY15 to 5,775 kWh per workstation. This target was achieved three years ahead of schedule in FY12. In addition to achieving its per workstation target, IFC reduced absolute electricity use by 11% over the same period despite a 12% increase in workstations.


LEED: In June 2010, IFC’s largest office in Washington, D.C., was awarded the LEED (Leadership in Energy and Environmental Design) Platinum Certification for Existing Buildings by the U.S. Green Building Council (USGBC). This is the most prestigious rating given to existing buildings for maximizing operational efficiency and minimizing environmental impacts.  IFC’s DC office is the FIRST building in DC and the SECOND building nationwide to receive the Platinum rating under the revised- more rigorous- version of LEED for existing buildings (EB: O&M v3).


Energy Star: IFC’s Washington, D.C. office has been an Energy Star building 10 out of 13 years since 1999. Energy Star is a US Environmental Protection Agency (EPA) and Department of Energy (DOE) program that helps organizations and individuals protect the environment through improving energy efficiency. Energy Star labels are awarded to buildings that are rated in the top 25% of energy efficient buildings across the country. In FY14, it scored 92 out of 100.


Renewable Energy Credits (RECs):  IFC’s headquarters in D.C. has been purchasing green power through the use of RECs since 2003. Since 2005, RECs have covered 100 percent of IFC’s headquarters electricity use.


Power Management: IFC’s first global energy savings project, PC Power Management, was launched with CIT in FY14. The PC Power Management program is estimated to reduce our global electricity consumption by 776,000 kwh per year, enough to power the IFC Istanbul office for 2.5 years!