World Bank Uses Innovative Solution to Highlight Sustainability Indicators
World Bank Uses Innovative Solution to Highlight Sustainability Indicators
The World Bank Group is currently driven by the twin goals of ending extreme poverty within a generation and boosting shared prosperity. It is promoting environmental and social sustainability while pursuing a development path of fiscal responsibility to achieve these goals. With its extensive experience in what works for development and what does not, the World Bank views itself as a “Solutions Bank” that can help solve developmental and sustainability problems in real time.
In its endeavor to create a better solution to disseminating information related to sustainability, the Bank has supplemented its online sustainability report for 2014 with an innovative taxonomy. The report is supported by a stand-alone index of sustainability indicators tagged with the eXtensible Business Reporting Language (XBRL) taxonomy. The sustainability report has been published in accordance to Global Reporting Initiative (GRI). The report and the XBRL documents are available at: crinfo.worldbank.org.
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