IGB
IGB Biosystems, headquartered in South Africa, is a pioneering company in the biotechnology industry, specialising in innovative solutions for life sciences and healthcare. Founded in 2015, IGB has rapidly established itself as a leader in the development of advanced biosystems, focusing on areas such as diagnostics and research tools. The company’s flagship products, including cutting-edge biosensors and diagnostic platforms, are distinguished by their precision and user-friendly design, catering to both research institutions and clinical laboratories. IGB's commitment to quality and innovation has earned it a prominent position in the market, with notable achievements in enhancing diagnostic accuracy and efficiency. As IGB continues to expand its operational reach across Africa and beyond, it remains dedicated to advancing the frontiers of biotechnology for improved health outcomes.
DitchCarbon Score
How does IGB's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Education Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
IGB's score of 26 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
IGB's reported carbon emissions
In 2023, IGB reported total carbon emissions of approximately 60,000,000 kg CO2e, comprising 2,562,000 kg CO2e from Scope 1, 34,779,000 kg CO2e from Scope 2, and 52,422,000 kg CO2e from Scope 3 emissions. This data highlights the company's significant carbon footprint across all scopes, particularly in Scope 3, which often represents the largest share of emissions for many organisations. Despite the absence of specific reduction targets or initiatives, IGB's commitment to addressing climate change is evident through its emissions reporting. The company has not disclosed any formal climate pledges or science-based targets, indicating a potential area for future development in its sustainability strategy. As IGB continues to grow, with revenues increasing from approximately 223 million USD in 2021 to about 348 million USD in 2023, it will be crucial for the organisation to establish clear climate commitments and reduction strategies to mitigate its environmental impact and align with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 2,562,000 |
| Scope 2 | 34,779,000 |
| Scope 3 | 52,422,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
IGB is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
