Corporate Scorecard

(See also Results Measurement.) The World Bank Group (WBG) Corporate Scorecard provides a high-level and strategic overview of the Bank Group's progress toward achieving two strategic goals: ending extreme poverty by reducing the percentage of people living on less than $1.25 a day to 3 percent by 2030, and boosting shared prosperity by fostering income growth for the bottom 40 percent of the population in every country. The scorecard is structured in three tiers:

• The goals and development context tier provides an overview of progress on key development challenges faced by WBG client countries.

• The results tier reports on the key sectoral and multisectoral results achieved by WBG clients with support of Bank Group operations in pursuit of the goals.

• The performance tier captures WBG performance in implementation of Bank Group strategy and includes measures of both operational and organizational effectiveness.

These three tiers are the components of a unified results and performance monitoring framework with indicators grouped along the results chain as follows: the scorecard monitors in aggregate how the Bank Group implements its strategy and improves its performance (Tier III) to support clients in achieving results (Tier II) in the context of global development progress (Tier I).

The indicators in the first two tiers are grouped into three categories encompassing growth, inclusiveness, and sustainability/resilience. The Bank Group strategy recognizes the importance of each of these three areas for the achievement of the two goals. The economic growth that creates good jobs requires action to strengthen both the private and the public sectors. Inclusion entails empowering all citizens to participate in, and benefit from, the development process and removing barriers against those who are often excluded. Sustainability ensures that today's development progress is not reversed tomorrow; it implies securing the long-term future of the planet and its resources, ensuring social inclusion, and limiting the economic burdens on future generations. In recognition of the importance that the strategy places on fragility and gender, scorecard indicators are disaggregated by gender and by fragile and conflict-affected situations, when feasible.

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