World Fuel Services Corporation
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainability
Environmental Achievements
- Carbon compensated in Europe since 2013, and globally since 2016
- Significant steps to making UK fuels business carbon compensated since 2019 using Gold Standard carbon offsets supporting forestry projects
- Delivered nearly 22.1 M gallons of SAF to aviation customers since 2015
Social Achievements
- Became a signatory to the UN Global Compact in 2019
- Joined the "Getting to Zero Coalition" in September 2019
- Member of the Coalition of Sustainable Aviation Fuel (SAF)
Governance Achievements
- Will provide first annual Communication on Progress report (2020) setting out actions to implement UN Global Compact principles
Climate Goals & Targets
Environmental Challenges
- Strong demand from RE100 companies and investors for carbon reduction strategies and targets
- Rising energy prices
- Complexity of understanding sustainability and renewable energy options
Mitigation Strategies
- Offers carbon offset fuel bundled with carbon offsets
- Provides custom sustainability consultations and solutions
- Helps create carbon reduction strategies and targets, evaluate carbon-reduction strategies, manage risk, develop stakeholder engagement plans, craft renewable energy procurement strategies, and create marketing plans
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
Sustainable Products & Innovation
- Carbon Offset Fuel
- Sustainable Aviation Fuel (SAF)