The Work Index by Flexa

The World Bank

The World Bank Group is a global partnership of five institutions working to end extreme poverty and boost shared prosperity in developing countries.

https://www.worldbank.org/en/home
5.1

/10

Transparency ranking

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Description

The World Bank Group is a unique global partnership comprised of five institutions working together to reduce poverty and build shared prosperity in developing countries. They aim to create a world free of poverty on a livable planet by providing financing, policy advice, and technical assistance to governments and the private sector. The World Bank Group's five institutions share a commitment to sustainable development, encompassing a range of areas including climate change, food security, access to energy, and human capital development.

The World Bank Group is a major source of funding and knowledge for developing countries, with a global reach encompassing 189 member countries, staff from over 170 countries, and offices in over 130 locations. Their work includes providing loans, grants, risk management products, and advisory services, alongside fostering partnerships with multilateral institutions, civil society organizations, and the private sector. This comprehensive approach seeks to address the multifaceted challenges facing developing nations and drive sustainable progress towards a brighter future.

Mission

The World Bank Group is a global partnership comprised of five institutions committed to reducing poverty and increasing shared prosperity in developing countries. Its mission is to end extreme poverty and boost shared prosperity on a livable planet. To achieve this, the World Bank Group works with client governments and the private sector to promote inclusive, resilient, and sustainable development, focusing on areas such as human capital, infrastructure, and climate change mitigation.

Data-driven
Environmental impact driven
Healthcare
Improving quality of life/health
Not-for-profit
Science and research driven
Social impact led
Sustainability

Culture

The World Bank cultivates a collaborative and inclusive work environment driven by a shared mission to end extreme poverty and promote shared prosperity. Its core values of impact, integrity, respect, teamwork, and innovation underpin its approach to working with its diverse staff, partner governments, and stakeholders. It promotes a culture of learning, transparency, and accountability to ensure that its resources are utilized effectively and contribute meaningfully to positive development outcomes.

DE&I

The World Bank Group is committed to creating an inclusive environment where everyone can thrive. It aims to achieve this by embracing diversity of thought, background, and experience within its workforce and across its operations. They prioritize gender equality, young people's empowerment, and reducing carbon emissions, ensuring that everyone has a fair chance to contribute to development and prosperity. The Bank's mission statement is "to create a world free of poverty on a livable planet" and they strive to achieve this through initiatives such as the Human Capital Project, the Environmental and Social Framework, and the Gender Strategy.

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