GRI Index FY12

The response to the global reporting
initiative (GRI) indicators provides a brief introduction to
the World Bank’s (WB’s) complex suite of activities. The WB
consists of the International Bank of Reconstruction and
Development (IBRD) and the International Development
Association (IDA). Materiality is determined through an
assessment carried out based on GRI guidance. The assessment
evaluates the risks to the organization, the importance to
stakeholders, and the contribution to the organization’s
mission. The annual GRI update encompasses global WB
operations. WB manages and reports on the buildings that
house staff that work on IBRD, IDA, Multilateral Investment
Guarantee Agency (MIGA), and Global Environment Facility
(GEF) secretariat. GRI indicators for environment, apply
primarily to performance of Washington, District of Columbia
(D.C.) facilities (which house 60 percent of WB staff) with
country office data noted, when relevant. The response
attempts to be comprehensive, and provide links to further
information in the annual report and throughout the Banks
website, where up to date information may be found. The WB
reports on a fiscal year basis which extends from June 1
through July 31st. This report covers FY 2012 (July 1, 2011
- June 30, 2012).