GRI Index 2024

Investment Rating - The report does not explicitly provide an investment rating for the industry or organization Core Insights - The World Bank aims to create a world free of poverty on a livable planet, guiding its operations and development impact [27] - The GRI Index 2024 covers activities from July 1, 2023, to June 30, 2024, and is aligned with the World Bank's annual reporting [14][25] - The World Bank's lending operations provided $37.6 billion in net commitments for IBRD and $31.2 billion for IDA during the fiscal year ending June 30, 2024 [30][31] General Disclosures - The World Bank consists of IBRD and IDA, with a workforce of 18,300 staff from 184 nationalities [20] - The organization operates in seven regions and has funded over 12,000 development projects since its inception [28] - The World Bank's corporate procurement averages around $2 billion annually, with major contracts in consulting, IT, and health services [33] Economic Topics - The report highlights significant economic impacts, including infrastructure investments and financial assistance received from the government [7] - IDA's financing model combines donor contributions with reflows from past credits and capital market borrowings [22] Environmental Topics - The World Bank emphasizes sustainability in its operations, including energy consumption and waste management [8] Social Topics - The organization focuses on employment practices, diversity, and equal opportunity, with 54% of its workforce being female [40] - The World Bank engages with local communities and assesses the impacts of its operations on them [413]